Orion Marine Group, Inc. (NYSE:ORN) (the “Company”), a leading heavy civil marine contractor serving the infrastructure sector, today announced the christening of its newest dredge the Linda LaQuay.
Orion Marine Group will christen the dredge Linda LaQuay Friday morning, August 27, 2010, in its new north yard in Port Lavaca, TX. The dredge Linda LaQuay, is a 24″ cutter suction dredge with the capability of dredging depths up to 75 feet. With total installed power of approximately 15,000 HP, this new dredge will become the largest in the Company’s fleet.
“This is an important milestone for our Company,” said Mike Pearson, Orion Marine Group’s President and Chief Executive Officer. “We are excited to be christening the dredge Linda LaQuay and sending it to work on its first project. This dredge will further enhance our deep channel dredging capability.”
Orion Marine Group finished construction of the dredge as part of the T.W. LaQuay Dredging acquisition the Company completed earlier this year. The dredge was named after one of the previous owners of T.W. LaQuay Dredging.
About Orion Marine Group
Orion Marine Group, Inc. provides a broad range of marine construction and specialty services on, over and under the water along the Gulf Coast, the Atlantic Seaboard, the West Coast, Canada, and the Caribbean Basin and acts as a single source turn-key solution for its customers’ marine contracting needs. Its heavy civil marine construction services include marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging, and specialty services. Its specialty services include salvage, demolition, diving, surveying, towing and underwater inspection, excavation and repair. The Company is headquartered in Houston, Texas and has a near 100-year legacy of successful operations.
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CONTACT: Orion Marine Group, Inc. Chris DeAlmeida, Director of Investor Relations 713-852-6506
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