Market Overview

KSW Awarded Private Sector Projects Totaling 36 Million Dollars

Share:

KSW, Inc. (NASDAQ: KSW) today announced that it has recently been awarded new private sector contracts totaling approximately 36 Million Dollars. These projects include three residential buildings at Gotham West in Manhattan, a 41 story apartment building in Long Island City, N.Y. and a boutique hotel in midtown Manhattan. With these new projects, the Company's backlog is now approximately 100 Million Dollars. Chairman of the Board, Floyd Warkol, commented that: "These new jobs are indications of the recent resurgence in the private sector, where our value engineering skills have given us a competitive advantage. The local unions have also been very helpful in working to reduce the cost of new construction, making these projects viable. We continue to actively pursue other new projects in both the public and private sectors."

 

Related Articles (KSW)

View Comments and Join the Discussion!

Posted-In: News Contracts