ROCKVILLE, Md. -- (Business Wire)
Argan, Inc. (NYSE: AGX) has completed its purchase of Atlantic Projects
Company Limited (“APC”). This transaction, which was announced on May 12th
, will expand Argan’s operations internationally. APC will
continue to operate under its own name and under the direction of its
own management team.
About Argan, Inc. (http://www.arganinc.com):
Argan is a publicly traded holding company that focuses on products and
services in the power generation and construction industries. Wholly
owned subsidiaries include Gemma Power Systems, LLC and affiliates and
Southern Maryland Cable, Inc.
About Atlantic Projects Company Limited (http://www.atlanticprojects.com):
APC is a leading provider of construction and technical services for
power generation, oil & gas, industrial and process industry customers.
The company provides turbine, boiler and large rotating equipment
installation, commissioning and outage services to original equipment
manufacturers, EPC contractors and plant owners worldwide. APC has
successfully completed projects in more than thirty countries on six
continents.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150529005792/en/
Contacts:
Argan, Inc.
Company Contact:
Rainer Bosselmann, 301-315-9467
or
Investor
Relations Contact:
Cynthia Flanders, 301-315-0027
Source: Argan, Inc.
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