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Cardinal Infrastructure Says A.L. Grading Contractors Awarded ~$40M Contract To Deliver Full-Site Civil Infrastructure Services For Carnesville, Georgia, Walmart Sorting Facility
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Cardinal Infrastructure Group, Inc. (NASDAQ:CDNL) ("Cardinal" or the "Company"), announced today that A.L. Grading Contractors (ALGC) has been awarded an approximately $40 million contract to deliver full-site civil infrastructure services for the Carnesville, Georgia, Walmart Sorting Facility.

The 164-acre project will be self-performed by ALGC and Allied Paving Contractors, Cardinal's previously announced paving company acquisition expected to close in the fourth quarter. The scope of work includes mass grading of 1.8 million cubic yards; 54,000 linear feet of storm, sewer and water utility work; a 1.5 million-square-foot building pad; fine grading for asphalt and concrete paving; and 83,000 yards of asphalt paving.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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