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GLDD - Great Lakes Dredge and Dock Corp.


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GLDD Profile

Great Lakes Dredge and Dock Corp. logo

Great Lakes Dredge & Dock Corporation, headquartered in Houston, Texas, specializes in providing comprehensive dredging services across the United States. Established in 1890 and formerly known as Lydon & Drews Partnership, the company rebranded as Great Lakes Dredge & Dock Corporation in 1905, solidifying its longstanding presence and expertise in marine construction.

The company's core activities encompass a wide spectrum of dredging projects, including capital dredging for port expansions, coastal restoration, and land reclamations. Great Lakes Dredge & Dock is instrumental in trenching for pipelines, tunnels, and cables, as well as constructing breakwaters, jetties, canals, and various marine structures critical to infrastructure development.

Moreover, the company undertakes vital coastal protection initiatives by relocating sand from ocean floors to shorelines threatened by erosion. Its services also extend to maintenance dredging, aimed at deepening waterways and harbors by removing accumulated sediments. Additionally, Great Lakes Dredge & Dock engages in lake and river dredging, inland levee construction, environmental restoration, habitat improvement, and other specialized marine construction projects.

Operating a fleet comprising 18 dredges, 17 material transportation barges, 1 drillboat, and several support vessels, the company serves a diverse client base. This includes federal, state, and local governments, as well as foreign governments and private entities such as utilities, oil companies, and other energy firms. With a commitment to excellence and innovation in marine engineering, Great Lakes Dredge & Dock continues to play a pivotal role in enhancing coastal resilience and facilitating critical infrastructure developments nationwide.

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Stock Sector: Construction: Heavy Construction

 

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