Argan Inc. AGX

What this company does

Argan, Inc. is primarily an engineering and construction firm that conducts its operations through its wholly-owned subsidiaries across three reportable business segments: Power, Industrial, and Teledata. As of January 31, 2026, it had 1,409 employees, including craft and non-craft labor, substantially all of whom were full-time. Through the Power segment, it provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market, with customer projects located in the United States, the Republic of Ireland and the United Kingdom. For Fiscal 2026, its most significant customer relationships included three Power segment customers, which accounted for approximately 23%, 16% and 11% of consolidated revenues. The Industrial segment provides industrial construction and field services and also operates a pipe and vessel fabrication facility serving industrial customers primarily in the Southeastern United States, with its fabrication facility and warehouse, totaling over 90,000 square feet, located near Greenville, North Carolina. The Teledata segment provides utility construction services and comprehensive technology wiring solutions to customers primarily in the Mid-Atlantic region of the U.S., with additional operations in markets across New England and the Southeast. Argan was organized as a Delaware corporation in May 1961.

Written from the business description in ARGAN INC's annual report to the U.S. Securities and Exchange Commission, filed 26 March 2026. Every sentence was checked against that document before publication.