Argan Inc.
Argan, Inc. Announces Relocation of Corporate Headquarters to Arlington, Virginia
Summary
Argan, Inc. (NYSE: AGX) has relocated its corporate headquarters from Rockville, Maryland to Arlington, Virginia, effective March 10, 2025. The new location at Two Liberty Center, 4075 Wilson Boulevard, Suite 440, is designed to accommodate the company's growth, enhance employee recruitment and retention, and provide better access to amenities and transportation. CEO David Watson expressed enthusiasm for the move, highlighting the new location's strategic advantages. A copy of the press release is furnished as Exhibit 99.1.
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Exhibits (1)
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About Argan Inc.
Argan Inc. is a holding company primarily engaged in overseeing operations within the engineering and construction services arena. The company operates through its subsidiaries, with a strong focus on designing and constructing energy-related facilities. Argan Inc. is prominently known for its work in developing natural gas-fired power plants, which contribute significantly to the energy infrastructure sector. In addition, Argan Inc. provides services in renewable energy projects, expanding its impact within the sustainable energy domain. The firm is essential in meeting the increasing demand for efficient and reliable power generation solutions, both domestically and internationally. Through its subsidiaries, Argan Inc. engages in project designing, engineering, procurement, construction, and commissioning tasks, serving a wide range of clients. Argan Inc. plays a crucial role in the infrastructure and utilities sectors by supporting energy transition trends and ensuring the delivery of strategic construction projects. As a market participant, the company significantly contributes to shaping the future of energy production through its commitment to innovation and excellence in engineering practices.
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