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Stock impact report

Sterling and W.W. Clyde & Co. Joint Venture Awarded $141 Million Progressive Design-Build Project in Utah

Sterling Infrastructure, Inc. (STRL) 
Last sterling infrastructure, inc. earnings: 3/2 04:24 pm Check Earnings Report
US:NASDAQ Investor Relations: strlco.com/investor-relations
Company Research Source: Business Wire
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that a joint venture between Sterling’s subsidiary, Ralph L. Wadsworth Construction Company, LLC (“RLW”/49% interest) and W.W. Clyde & Co. (“Clyde”/51% interest), have been selected by the Utah Department of Transportation (“UDOT”) to design and perform the reconstruction work on Bangerter Highway in Salt Lake County, Utah. The design finalization and execution of the project is estimated to approximate $141 million.This project consists of converting the intersections of 6200 South, 104000 South, and 12600 South into grade separated interchanges from traffic signals. Each of the three interchanges will include a bridge, retaining walls, earthwork, concrete paving, drainage, signals, and utility work.Joe Cutillo, Sterling’s CEO commented, “The selection of our joint venture with Clyde by UDOT for this major alternative delivery highway project i Show less Read more
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