Great Lakes Dredge acquiring Terra Contracting
Wednesday, January 02, 2013 2:42 AM
OAK BROOK — Great Lakes Dredge & Dock Corp. is acquiring the assets of Michigan-based Terra Contracting LLC for about $20 million.
Terra Contracting in Kalamazoo provides of a variety of environmental, maintenance and infrastructure-related services. Terra Contracting employs about 200 engineering, operations and administrative staff and serves customers in more than 30 states.
Great Lakes Dredge says the acquisition will help it expand into the market for environmental remediation and boost its demolition business.
steve Taplin founded Terra Contracting in 2001 and has been named president of Terra Contracting Services LLC, a company formed by the deal.