Price Gregory (PGI) is the leading provider of energy transmission services with focus on pipeline and facility construction.
PGI was formed during 2008 by merging H.C. Price Co. and Gregory & Cook Construction, Inc. During 2009, PGI was purchased by Quanta Services (PWR), a NYSE publicly traded company. PGI’s corporate offices are located in Houston, Texas with a division office located in Anchorage, Alaska. PGI’s sister company, OJ Pipeline is based in Nisku, Alberta, Canada.
HC Price Company (Price)
Price’s history began when Harold (Hal) Charles Price, Sr. founded an electric welding business in Bartlesville, Oklahoma during the late 1920’s. The company specialized in field welding of oil storage tanks. In conjunction with this operation, Hal Price was responsible for many innovations in electric welding including the first practical application of electric welding in pipeline construction. Over the years, Price grew from a welding subcontracting business into a major cross-country pipeline construction contractor.
During the 1960's, Price entered the international pipeline construction market. Price completed many major projects in Mexico, the Middle East, Africa, and Iran. Price also built large cross country-pipeline projects in Canada.
Price’s pipe coating business grew out of the pipeline construction operation. This business developed from a small domestic operation that began in the United States and evolved into a massive pipe coating operation with plants located throughout the world. Until 1980, the pipeline construction and coating operations were run by Harold C. Price, Jr. the son of the founder, and owned in large part by members of his family.
During 1980, the pipe-coating segment of the business was sold. H. C. (Charles) Price, III, and partners purchased the domestic pipeline construction business. Construction of the Northern Border 42” Pipeline system and the numerous large expansions of the Alaska North Slope oil fields also began during this period, in the early 1980’s.
Price built Segment 3 of the Trans Alaskan Pipeline Project during the 1970’s. During 1986, Charles Price, III and J. T. (Tom) White purchased controlling interests of the company. They soon thereafter completed many successful projects in Alaska and continued to prosper with the expansion of the gas pipeline industry throughout the United States.
During 1998, HC Price Co. purchased a major Canadian pipeline construction firm, OJ Pipelines, based in Nisku, Alberta. A mechanized welding process for pipeline construction, used and marketed by OJ Pipelines as RMS Welding Systems, was included in the purchase of the company. Price utilized RMS Welding Systems (RMS) to weld 165 miles of 36”, X-70 pipe in North Dakota for Alliance in 1999/2000, for the 2002 Guardian Pipeline Project, a 143-mile 36”-inch diameter pipeline project running from near Chicago, IL north into southern Wisconsin, and several spreads of Keystone and Rockies Express.
Gregory & Cook
During July, 1976 Bob Gregory and Kelly Cook, both former executives of Houston Contracting, formed Gregory & Cook, Inc. (GnC), a pipeline construction contracting company based in Houston, Texas. Bob Gregory was a second generation pipeliner who had been connected to pipelining most of his life as his father, Phil Gregory, was president of Houston Contracting Company. Kelly Cook had been in the pipeline business since 1955 and knew the business well. During the 1970’s through the 1990’s, domestic projects completed were primarily located in the southern United States. GnC also executed several international projects in Nigeria, Libya, Thailand, and Pakistan.
During January of 1998, Gregory & Cook Construction, Inc. (GCC) was started by several long term Gregory & Cook management. GCC was managed by Paul Gregory, son of Bob Gregory, Ronnie Wise, Tommy Jones and Jim Stover, while Bob Gregory remained as advisor.
GCC completed pipeline construction, rehabilitation, replacement, station and hydrostatic testing projects in various climates and terrains throughout the U.S. Since inception, the company participated in the construction of most domestic pipeline expansion projects and has performed work ranging from 8” to 42” diameter pipe. GCC operated under this management team until the purchase by Quanta in 2009.