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Monday, May 29, 2023
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Willdan Gets $17M Schools Projects

Willdan Group Inc. (Nasdaq: WLDN) got $17 million in contracts with Colorado school districts.

The Anaheim-based engineering firm said in a press release projects will “improve energy efficiency, upgrade aging infrastructure, and modernize the educational facilities.”

The deals are worth $17 million and the projects are to be done by next summer, in time for the 2019-2020 school year. Willdan reported revenue of $273 million and net income of $12 million in 2017.

Willdan shares are up 12% over the last two days on the deal.

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