The Company began operations in 1984 as an Oklahoma corporation under the
name of Matrix Service. In 1989, we incorporated in the State of Delaware under
the name of Matrix Service Company. We provide engineering, fabrication, infrastructure,
construction, and maintenance services primarily to the oil, gas, power, petrochemical,
industrial, mining and minerals markets. We maintain regional offices throughout
the United States and Canada, and operate through separate union and merit subsidiaries.
We operate our business through four reportable segments: Electrical Infrastructure,
Oil Gas & Chemical, Storage Solutions, and Industrial.
The Electrical Infrastructure segment primarily encompasses construction and
maintenance services to a variety of power generation facilities, such as combined
cycle plants, natural gas fired power stations, and renewable energy installations.
We also provide high voltage services to investor owned utilities, including
construction of new substations, upgrades of existing substations, short-run
transmission line installations, distribution upgrades and maintenance, and
storm restoration services.
The Oil Gas & Chemical segment includes our traditional turnaround activities,
plant maintenance services and construction in the downstream petroleum industry.
Another key offering is industrial cleaning services, which include hydroblasting,
hydroexcavating, chemical cleaning and vacuum services. We also perform work
in the petrochemical, natural gas, gas processing and compression, and upstream
petroleum markets.
The Storage Solutions segment includes new construction of crude and refined
products aboveground storage tanks (“ASTs”), as well as planned
and emergency maintenance services. The Storage Solutions segment also includes
balance of plant work in storage terminals and tank farms. Also included in
the Storage Solutions segment is work related to specialty storage tanks, including
liquefied natural gas (“LNG”), liquid nitrogen/liquid oxygen (“LIN/LOX”),
liquid petroleum (“LPG”) tanks and other specialty vessels, including
spheres. Finally, we offer AST products including floating roof seals.
The Industrial segment includes construction and maintenance work in the iron
and steel and mining and minerals industries, bulk material handling and fertilizer
production facilities, as well as work for clients in other industrial markets.
6.84% 
338.66 %