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Primoris Services has been named to the Fortune 500 for the first time, joining the ranking as U.S. energy demand accelerates and infrastructure companies play a growing role in meeting market needs.
CEO Koti Vadlamudi outlined the company strategy as it positions itself to serve rising demand across the energy and utilities sectors. With the U.S. experiencing an uptick in energy consumption, Primoris Services is focused on delivering broad-based infrastructure solutions to utilities and energy providers. The company’s debut on the high-profile list signals its expanding influence in the sector.
Earlier this year, Primoris was selected as EPC partner for a 570MW natural gas power plant project in Sherman, Texas, a move aimed at boosting grid reliability. The company has credited its employees for driving its Fortune 500 milestone. The latest developments build on a period of continued operational growth for Primoris.