other material
confidence high
sentiment positive
materiality 0.65
Southland awarded $102M Louisiana bridge project and $50M Dallas maintenance contract
Southland Holdings, Inc.
- Southland subsidiary Johnson Bros. wins $102M contract for Nelson Road Extension and Bridge in Lake Charles, LA.
- Second contract: $50M annual street maintenance deal with City of Dallas Public Works, 5th contract in 5 years.
- Both projects expected to start in 2023; scope includes bridge, roadway, and concrete/asphalt street work.
- Southland is merging with SPAC Legato Merger Corp. II (LGTO); management to remain post-close.