Primoris Services Corporation
Primoris Services Corporation is a leading specialty contractor and infrastructure services provider based in Dallas, Texas. The company's core business revolves around delivering comprehensive construction, maintenance, and engineering solutions for critical infrastructure across North America. Established in 1960, Primoris aims to build sustainable infrastructure that supports the growing needs of the utility, energy, and renewables markets.
The company operates through two primary segments: Utilities and Energy. The Utilities segment focuses on the installation, maintenance, and replacement of natural gas, electric power distribution, and communications systems. The Energy segment provides engineering, procurement, construction (EPC), and maintenance services for projects in the oil and gas, petrochemical, renewable energy, and power generation industries, as well as heavy civil engineering for transportation infrastructure.
Koti Vadlamudi serves as the President and Chief Executive Officer, appointed in November 2025. In recent news, Primoris has reported challenges and cost overruns within its Renewables business, leading to a revised financial outlook for 2026 and a notable impact on its stock performance. Despite these headwinds, the company continues to secure significant new projects, particularly in natural gas generation, industrial, and electric construction services, driven by power load growth and data center demands.
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