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

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

Cardinal Infrastructure Group has acquired Piedmont Pipe Construction, a leading wet utilities provider in North and South Carolina, to expand its wet utility capabilities in the growing Charlotte market. Piedmont will operate under Cardinal's Civil Contracting brand, enhancing Cardinal's labor force and service scale in the region. This acquisition aligns with Cardinal's strategy to grow in high-demand areas through vertical integration and increased operational density. The move positions Cardinal to better serve infrastructure needs in the Charlotte metro area as it continues to expand its market presence in the Southeast.

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