The Goldfield Corporation, a provider of electrical construction services in the southeastern United States, today commented further on its involvement in storm restoration activities.
Goldfield announced that Southeast Power, Goldfield's electrical construction subsidiary, has been selected to assist in the identification and removal of electrical hazards to permit clearing operations to be performed safely, primarily in Orleans Parish, Louisiana, in the wake of hurricanes Katrina and Rita. Southeast Power expects to divert a portion of its field workforce from Florida to Louisiana to service this project.
John Sottile, president of Goldfield, said, "Goldfield is proud to help on this very important assignment" and that "as a matter of civic responsibility, certain of its existing Florida customers had agreed to temporarily free up some of the Southeast Power's workforce as the Gulf Coast struggles to recover from one of the worst natural disasters in U.S. history."
Goldfield reiterated its previous announcement that it is impossible to gauge how long this special demand for services will continue or its effect on financial results.
The company specializes in installing and maintaining electrical transmission lines for a wide range of electric utilities.