Links: Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.Ĭlick on the company or penalty amount for more information on each case. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. Notes: Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred.

Ownership Structure: publicly traded (ticker symbol GLDD) This INDENTURE, dated as of May 25, 2021, is by and among Great Lakes Dredge & Dock Corporation, a Delaware corporation, the Guarantors from time to time. GLDD benefits from the need to keep the natural movements of sand in check.Īs an update to my Aug 2020 commentary titled, Great Lakes Dredge & Dock: The Ry-Cooder of Infrastructure Stocks, below is listed the most recent 9-mo 2020 revenues by project groupings from their recent press release and 3-yr average market share from their most recent investor presentation.Violation Tracker Current Parent Company Summary Current Parent Company Name: Great Lakes Dredge & Dock Corporation Just as certain as the sunrises every morning, the movement of the seabed and erosion of beaches is a perpetual process which requires consistent attention. Usually separated into inland and ocean/coastal projects, GLDD specializes in ocean projects of harbor deepening, shipping channel maintenance, and coastal restoration. While a seemingly simple process of moving the seabed from one place to another, dredging is a complex and critical service. Great Lake Dredge & Dock is the oldest and largest dredging company in the US with substantial market share and limited competition. With extraordinarily few Wall Street followers, GLDD remains an unfound and value-priced stock, ripe to continue its bull run into 2021. Great Lakes Dredge & Dock ( GLDD) is a small-cap infrastructure stock that is much akin to the theme song from the 1960s TV show “Rawhide.” Like the little ‘doggies’ on the cattle drive, Great Lake Dredge & Dock just keep rollin’ along.

Great lakes dredge and dock