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Great Lakes Dredge Plans HQ Move to Houston
Great Lakes Dredge & Dock Co. plans to move its corporate headquarters to Houston from Oak Brook, IL. The relocation stems in part from changing industry dynamics as the dredging market has shifted from Northern Illinois and the Great Lakes to work along the Gulf Coast and in the Northeast and Southeast coastal regions.
“The move to Houston is a testament to the region’s extraordinary diversity of talent and competitive landscape and supports our important connections and outreach in geographies that will better serve our customer base,” CEO Lasse Petterson said.
The Houston headquarters, scheduled to open in early 2021 with its executive leadership team, will be staffed gradually over the next 12 months. Great Lakes Dredge initially is searching for 20,000 square feet of office space in the Energy Corridor, between the Galleria and Beltway 8. The company will maintain a business and operations support center in Oak Brook.
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- ◦Economy
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