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Cardinal Infrastructure acquires Piedmont Pipe to expand wet utility services in Charlotte market

Company Fundamentals
02 Jun 2026
Prnewswire
View Source
Bullish
pluang ai news

Cardinal Infrastructure Group announced the acquisition of Piedmont Pipe Construction, a leading wet utilities provider in North and South Carolina. This move expands Cardinal's wet utility capabilities in the growing Charlotte, NC market and integrates Piedmont under its Cardinal Civil Contracting brand. The acquisition strengthens Cardinal's labor force and positions the company to better serve infrastructure growth in the region. This fits Cardinal's strategy of expanding in high-growth areas through vertical integration and operational scale.

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