GLDD
Great Lakes Dredge & DockยทNASDAQ
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GLDD Profile
Great Lakes Dredge & Dock Corporation
The largest provider of dredging services in the United States
9811 Katy Freeway, Suite 1200, Houston, TX 77024
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Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States. The company was founded in 1890 as the Lydon & Drews Partnership and completed its first project in Chicago, Illinois. In 1905, the company changed its name to Great Lakes Dredge & Dock, and at that time also participated in a number of hydraulic structures and landfill projects along the Chicago Lakeside and surrounding Great Lakes. Great Lakes now provides dredging services in the Eastern United States, the Western United States, the Gulf Coast and around the world. The company also owns NASDI, a demolition service provider based in Boston, Manchester. The company has a 50% stake in Amboy Aggregates, a New Jersey-based sand and gravel dredging company, and TerraSea Environmental Solutions, an environmental remediation services company. The main business of the company and its affiliated enterprises is hydraulic structure construction, dredging construction and commercial and industrial demolition. The company's main dredging customers are domestic and foreign government agencies and private entities; its main demolition customers are general contractors, companies that appoint projects to other agencies, non-profit institutions like universities and hospitals, and local government and municipal agencies.
