TULSA, Okla., May 21, 2014 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX ) today announced that it has been ranked number 56 in the United States by Engineering News-Record (ENR) magazine in its annual "Top 400 General Contractors" edition.
ENR also recognized Matrix as the number 16 contractor in the petroleum sector and as a top 50 contractor working abroad, for its work in Canada.
Matrix Service Company's work in both the power and industrial sectors also continues to grow.
"Our ranking on this year's ENR Top 400 list is especially significant as we celebrate our 30 th year in business. Long known as the leader in storage solutions, Matrix now provides end-to-end engineering and construction services across the energy and industrial markets," said John Hewitt, President and CEO of Matrix Service Company. "This recognition reflects our growth, the trust placed in us by our customers, and our employees' unwavering commitment to safety and quality."
This is the seventh consecutive year Matrix has been ranked among the Top 100 contractors by ENR.
Matrix received its ranking based on more than $1 billion in new contracts in calendar year 2013.
About Matrix Service Company
Matrix Service Company provides engineering, fabrication, construction and repair and maintenance services to the Electrical Infrastructure, Oil Gas & Chemical, Storage Solutions and Industrial markets.
The Company is headquartered in Tulsa, Oklahoma, with regional operating facilities throughout the United States and Canada.
This release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are generally accompanied by words such as "anticipate," "continues," "expect," "forecast," "outlook," "believe," "estimate," "should" and "will" and words of similar effect that convey future meaning, concerning the Company's operations, economic performance and management's best judgment as to what may occur in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, including those factors discussed in the "Risk Factors" and "Forward Looking Statements" sections and elsewhere in the Company's reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the control of the Company, and any one of which, or a combination of which, could materially and adversely affect the results of the Company's operations and its financial condition. We undertake no obligation to update information contained in this release.
Matrix Service Company Kevin S. Cavanah Vice President and CFO T: 918-838-8822 Email:
