Orion Group Holdings, Inc. ORN

Company Overview

Orion Group Holdings, Inc. is a U.S.-based specialty construction company that provides heavy civil marine and concrete construction services. The company operates primarily within the infrastructure and industrial construction industries, serving public and private sector customers involved in transportation, marine, energy, defense, and industrial markets. Its core activities support ports, waterways, bridges, industrial facilities, and environmental infrastructure.

The company’s primary revenue is generated through two operating segments: Marine Construction and Concrete Construction. Orion is recognized for its specialized marine capabilities, including dredging, marine transportation, and shoreline protection, which create barriers to entry for competitors. Orion Group Holdings traces its origins to the mid-1990s with the formation of Orion Marine Group, later expanding into concrete construction and becoming a publicly traded company in 2006 through an initial public offering.