June 2010


Great Lakes Dredge and Dock (GLDD) conducts a majority of their work within the United States and 25% of its operations abroad, particularly in the Middle East. GLD&D dredging operations consist of deepening and maintaining waterways, shipping channels, and ports. They are involved in creating and maintaining (re-nourishing) beaches; excavating new harbors; reclaiming land in the water or improving low lying land areas; restoring aquatic and wetland habitats and excavating pipeline, cable and tunnel trenches.

This could be a good short term investment given the oil spills.

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