Posted on June 29, 2017
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, announced today the receipt of a $26 million award for the Myrtle Beach Storm Damage Reduction Project. The scope of work includes placement of approximately 1.2 million cubic yards of material at North Myrtle Beach, Garden City and Surfside Beaches in South Carolina. The project is funded through federal emergency beach rehabilitation from Hurricane Matthew along with cost shared construction funding appropriated through the U.S. Congress. Work is expected to commence in July of this year and last six months.
Dave Simonelli, President of Great Lakes’ Dredging segment commented, “Our hopper dredges have supplied sand for Myrtle Beach’s coastal protection needs several times in the past. We look forward to working with the US Army Corps of Engineers Charleston District to create wider beaches which help protect the area’s infrastructure while providing recreational benefits.”
Source: AJOT
