Sterling Construction Co Inc

Stock Symbols
NASDAQ
:
STRL
company headquarters
USA
ISSUES

A US construction company. Designed and built one of the prototypes for the 2017 proposed US-Mexico border wall.

Sterling Construction Company, Inc., headquartered in Houston, TX, is a heavy civil infrastructure company. Its subsidiary, Texas Sterling Construction, built a prototype for the proposed U.S.-Mexico border wall (“The Trump Wall”) in 2017. The company received $470,000 for the prototype from U.S. Customs and Border Patrol (CBP).

In January 2017, President Trump signed an executive order to build a wall along the entire length of the U.S.-Mexico border. Estimated costs of this proposed wall range from $15 billion to $40 billion. In September 2017, Texas Sterling Construction was one of six companies chosen to design and construct prototypes for the new wall in San Diego, CA. In January 2018, CBP conducted testing the prototypes. In July 2018, the Government Accountability Office (GAO) released a report exposing extensive construction challenges with the prototypes.

A report titled “Wall Street's Border Wall,” published by Partnership for Working Families and the Center for Popular Democracy, tracks investors in Sterling Construction and how its stocks rose by 65% after the prototype contract was announced.

Economic Activism Highlights
  • On March 1, 2019 the city of Tucson announced that it would refuse to invest in and sever ties with companies that "become involved in the designing, building or financing of the border wall". It released a list of seven companies that it would invest in including Sterling Construction Co Inc and its subsidiary Texas Sterling Construction Co.
This profile was last updated on
4 October 2018