Goldfield to Assist with Irma Restoration Efforts in Florida

The Goldfield Corporation has mobilized all of its power line construction personnel and related equipment from its Florida and Texas operations are committed to storm restoration work in Florida as a result of Hurricane Irma.

Although the company is providing restoration services to most of the major utilities in Florida affected by the hurricane, officials say it is too early to determine the duration of its participation in the restoration efforts or to assess the financial impact on its operations. At this time, the utilities for which Goldfield is providing these services are still assessing their storm damage. Additionally, these utility customers can discontinue the company’s involvement in the recovery work at any time. As soon as they are released from such restoration service, Goldfield’s crews will return to previously awarded projects.

“We are pleased to have the people and the resources available to assist our customers in restoring electricity in the aftermath of Hurricane Irma,” Goldfield President and Chief Executive Officer John H. Sottile said. “We were able to deploy our crews to storm-damaged areas quickly. Our crews are seasoned veterans, having worked in numerous storm restoration efforts.”

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