Orion Group Holdings ( (ORN) ) has provided an update.
Orion Group Holdings, Inc. is gearing up for growth with its strategic plans focusing on marine and specialty construction, driven by strong industry tailwinds like the $1.2 trillion Infrastructure Act. The company has completed Phase 1 of its strategic plan, enhancing profitability and financial flexibility, and is now turning its attention to expansion opportunities in specialized marine construction, IT capabilities, and strategic M&A. Orion’s impressive backlog growth and plans to capitalize on new markets like AI-driven data centers indicate promising opportunities for investors interested in the infrastructure sector.
Learn more about ORN stock on TipRanks’ Stock Analysis page.