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Stock impact report

Sterling Awarded Specialty Services Projects Totaling Approximately $100 Million During the First Quarter of 2020

Sterling Construction Company Inc (STRL) 
Last sterling construction company 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 Plateau, was awarded significant projects and increases to the scope on existing projects totaling approximately $100 million during the first quarter of 2020. The site development projects included distribution centers for the e-commerce platform and retail grocers, a major children’s hospital expansion and an industrial location. The majority of these awards commenced work during the quarter.“Our recently acquired Plateau business exceeded our expectations in bidding and winning new projects during the first quarter,” stated Joe Cutillo, Sterling’s CEO. “These new awards bring Plateau’s backlog to a record level and further broaden our customer base. The diversity of these projects with both new and existing customers in a variety of end markets further demonstrates the strength of the Plateau team and the reputation and trust they have d Show less Read more
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