{ "schemaVersion": 1, "organisationId": "O-2ff835e55cd04029aadfec59e49569cb", "slug": "argan-inc", "name": "ARGAN INC", "updatedAt": "2026-10-03T21:52:41.87308Z", "sections": [ { "type": "OVERVIEW", "text": "Argan, Inc. is an energy and infrastructure contractor. Its businesses provide engineering, procurement, construction, commissioning, maintenance and consulting for power-generation projects, alongside industrial construction and services and telecommunications, data and power-distribution network work. Its power projects include gas-fired, biofuel, biomass, solar and wind facilities. [P70430344][P114128167]\n\nArgan operates in the United States, Ireland and the United Kingdom, with Industrial work primarily in the southeastern U.S. and Teledata serving mainly the Mid-Atlantic. The company describes its mission as “to safely build the energy and industrial base of tomorrow” and reports more than 1,000 employees. [P70430344][https://www.arganinc.com/about/] For the fiscal year ended January 31, 2026, revenue was $944.6 million. [P22770906]\n[P70430344][P114128167][P22770906][https://www.arganinc.com/about/]", "updatedAt": "2026-10-03T21:52:41.87308Z" }, { "type": "PRODUCTS", "text": "Argan’s offerings are primarily project-based engineering, construction, and technical services rather than branded end products. Through Gemma Power Systems and Atlantic Projects Company, it provides engineering, procurement, and construction (EPC) services for power facilities, including design and engineering, equipment procurement, site development, construction, electrical interconnection, commissioning, performance testing, maintenance, project development, and technical consulting. Projects include natural-gas combined-cycle and peaking plants, biofuel and biomass facilities, solar fields with or without battery storage, and wind farms. International work also includes engineering, procurement, installation, commissioning, and outage services for turbines, boilers, and other large rotating equipment. [P114128167][P70430344][P118142920][P56549269]\n\nThrough The Roberts Company, Argan provides industrial construction and field services, including plant construction and expansions, fabrication and installation of metal components such as piping systems and pressure vessels, maintenance turnarounds, shutdowns, and emergency mobilizations. Its fabrication facility and warehouse near Greenville, North Carolina, total more than 90,000 square feet. Through SMC Infrastructure Solutions, it provides utility construction and technology-wiring services, including project management, installation, maintenance, repair, and emergency response for power-distribution and information, communications, and data networks; its capabilities cover outside- and inside-plant infrastructure, IT, operational technology, and IoT connectivity. In FY2026, Power generated $756.5 million, or 80.1% of consolidated revenue, while Industrial generated $167.6 million, or approximately 17.7%. [P81994718][P17296536][P104747505][P46375328][P40361435][P76543199][P87266110]\n[P114128167][P70430344][P118142920][P56549269][P81994718][P17296536][P104747505][P46375328][P40361435][P76543199][P87266110]", "updatedAt": "2026-10-03T21:52:41.87308Z" }, { "type": "GEOGRAPHY", "text": "Argan Inc. is headquartered in Arlington, Virginia. Its Power segment undertakes projects in the United States, Ireland, and the United Kingdom; the company says U.S. activity has historically made up the predominant portion of power-related revenue, but does not provide a country-level revenue breakdown. [P66120194][P70430344][P116237411] The Industrial segment works primarily in the U.S. Southeast while executing projects across the country, and Teledata is concentrated in the Mid-Atlantic, with additional activity in New England and the Southeast. [P70430344][P121633807][P46375328]\n\nArgan’s operating-company locations include Glastonbury, Connecticut; Limerick, Ireland; Winterville, North Carolina; and Tracys Landing, Maryland. [https://www.arganinc.com/subsidiaries/] The company reports supporting more than 1,000 employees across the United States, Ireland, and the United Kingdom, without disclosing their distribution by location. [https://www.arganinc.com/about/] Its FY2026 reporting describes geographic operations but does not provide revenue by country or region, or regional revenue percentages. [P70430344][P76543199]\n[P66120194][P70430344][P116237411][P121633807][P46375328][P76543199][https://www.arganinc.com/subsidiaries/][https://www.arganinc.com/about/]", "updatedAt": "2026-10-03T21:52:41.87308Z" }, { "type": "SEGMENTS", "text": "For fiscal 2026, Argan reported three business segments. Power provides engineering, procurement, construction, commissioning, maintenance, project development and technical consulting for power-generation projects; it contributed approximately 80.1% of reported segment revenue. [P70430344][T13964761] Industrial supports new industrial-plant construction and additions, fabricates, delivers and installs metal components, and provides plant maintenance, shutdown and emergency services; it contributed approximately 17.7% of segment revenue. [P70430344][T13964761] Teledata manages, constructs, installs, maintains and repairs power-distribution and information, communications and data networks, including emergency response; it contributed approximately 2.2% of segment revenue. [P70430344][T13964761]\n\nRevenue shares are calculated from the fiscal year ended January 31, 2026 segment revenues of $756.499 million for Power, $167.553 million for Industrial and $20.554 million for Teledata, out of $944.606 million in total. [T13964761]\n[P70430344][T13964761][P103799229]", "updatedAt": "2026-10-03T21:52:41.87308Z" }, { "type": "HISTORY", "text": "Argan’s corporate origins date to May 1961, when it was organized as a Delaware corporation, although that predates its current power-construction focus. In 2003, the company changed its name from Puroflow Inc. to Argan after acquiring Southern Maryland Cable, marking an important step in its evolution under the Argan name. [P9250744][https://www.sec.gov/Archives/edgar/data/100591/000110465926035216/agx-20260131x10k.htm][https://www.sec.gov/Archives/edgar/data/100591/000100329703000454/argan8k.htm]\n\nA major change in the business came in December 2006, when Argan acquired Gemma Power Systems and expanded into power-plant engineering, procurement and construction. In 2015, it broadened its operations through acquisitions of Ireland-based Atlantic Projects Company and The Roberts Company. [https://www.sec.gov/Archives/edgar/data/100591/000114420406052612/v060322_8k.htm][P184200925][https://www.arganinc.com/news/argan-inc-completes-acquisition-of-the-roberts-company/]\n\nIn August 2022, founder, chairman and CEO Rainer H. Bosselmann retired; David H. Watson succeeded him as president and CEO. 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