Great Lakes Dredge & Dock Corp (NASDAQ:GLDD)

Great Lakes Dredge & Dock Corp. provides dredging and dock contracting services. The company operates through two reportable segments: Dredging and Demolition. The Dredging segment involves in the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. The Demolition segment owns and operates specialized demolition equipment, including a fleet of excavators equipped with shears, pulverizes processors, grapples, and hydraulic hammers that provide high-capacity processing of construction and demolition debris for recycling, reclamation and disposal. It creates, maintains and restores a wide variety of port and coastal assets such as harbors, waterways, rivers wetlands, beaches, and storm-eroded shores, which uses its sizeable fleet of specialized dredging equipment to excavate and transport the full range of underwater soils, including silts, sands, clays, and rock. Great Lakes Dredge & Dock was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Oak Brook, IL.