{"success":true,"data":{"pressRelease":{"id":"133635","rtpr_id":"nPn81y2xma","ticker":"CDNL","exchange":"NASDAQ","all_tickers":["CDNL"],"title":"Cardinal Infrastructure Group Company, ALGC, Announces Contract Win on Walmart Sorting Facility","author":"PR Newswire","published_at":"2026-09-02T11:00:03.933Z","article_body":"Cardinal Infrastructure Group Company, ALGC, Announces Contract Win on Walmart Sorting Facility\n\nPR Newswire\n\nRALEIGH, N.C., Sept. 2, 2026\n\nRALEIGH, N.C., Sept. 2, 2026 /PRNewswire/ -- Cardinal Infrastructure Group,\nInc. (NASDAQ: CDNL) (\"Cardinal\" or the \"Company\"), announced today that A.L.\nGrading Contractors (ALGC) has been awarded an approximately $40 million\ncontract to deliver full-site civil infrastructure services for the\nCarnesville, Georgia, Walmart Sorting Facility.\n\nThe 164-acre project will be self-performed by ALGC and Allied Paving\nContractors, Cardinal's previously announced paving company acquisition\nexpected to close in the fourth quarter. The scope of work includes mass\ngrading of 1.8 million cubic yards; 54,000 linear feet of storm, sewer and\nwater utility work; a 1.5 million-square-foot building pad; fine grading for\nasphalt and concrete paving; and 83,000 yards of asphalt paving.\n\n\"This project reflects the scale and complexity of work ALGC and Allied Paving\nare built to deliver together, and it's a great example of how we're\ndiversifying our end markets into commercial and industrial projects by\nbringing our full range of civil infrastructure capabilities to a major\nlogistics client like Walmart,\" said Lee Wood, President of Georgia Operations\nfor Cardinal Infrastructure Group.\n\nThe Allied Paving acquisition continues Cardinal's vertical integration\nthrough disciplined M&A and expands turnkey operations in this\nfast-growing market.\n\n\"Allied Paving has already proven itself as a strong partner on projects like\nthis one and bringing that paving capability fully into the Cardinal platform\nis a natural next step for our business,\" said Benji Wood, Chief Operating\nOfficer of Cardinal Infrastructure Group. \"We're proud to be part of this\nsignificant investment in Georgia that will bring more than 1,000 jobs to the\narea.\"\n\nLearn more about the project here:\nhttps://gov.georgia.gov/press-releases/2026-08-27/gov-kemp-walmart-bring-1000-jobs-next-gen-fulfillment-center-carnesville\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4765570-1&h=50039100&u=https%3A%2F%2Fnam04.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fgov.georgia.gov%252Fpress-releases%252F2026-08-27%252Fgov-kemp-walmart-bring-1000-jobs-next-gen-fulfillment-center-carnesville%26data%3D05%257C02%257CELear%2540cardinalcivil.com%257C140183f2f8734a7cfede08df0474c55f%257Cf9da158202e04b72843535b97a8cdd21%257C0%257C0%257C639234571704990171%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DkNpP239ZmL07ZufOThSX0bpjXDv%252FJmB3TR0vbZcITb0%253D%26reserved%3D0&a=https%3A%2F%2Fgov.georgia.gov%2Fpress-releases%2F2026-08-27%2Fgov-kemp-walmart-bring-1000-jobs-next-gen-fulfillment-center-carnesville)\n\nForward-Looking Statements\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995, including statements\nabout the Company's future performance. Statements that are predictive in\nnature, that depend upon or refer to future events or conditions or that\ninclude the words \"may,\" \"could,\" \"plan,\" \"project,\" \"budget,\" \"predict,\"\n\"pursue,\" \"target,\" \"seek,\" \"objective,\" \"believe,\" \"expect,\" \"anticipate,\"\n\"intend,\" \"estimate,\" and other expressions that are predictions of or\nindicate future events and trends and that do not relate to historical matters\nidentify forward-looking statements. These statements involve risks and\nuncertainties and Cardinal's actual results could differ materially from the\nresults expressed or implied by such forward-looking statements. The potential\nrisks, uncertainties and other factors that could cause actual results to\ndiffer from those expressed by the forward-looking statements in this press\nrelease include, but are not limited to, difficulty in sustaining rapid\nrevenue growth, which may place significant demands on Cardinal's\nadministrative, operational and financial resources, fluctuations in\nCardinal's revenue and the concentration of Cardinal's business in the\nSoutheastern United States. Cardinal has based these forward-looking\nstatements largely on its current expectations and projections regarding\nfuture events and trends that it believes may affect its business, financial\ncondition and results of operations. The outcome of the events described in\nthese forward-looking statements is subject to risks, uncertainties and other\nfactors described in the section entitled \"Risk Factors\" in Cardinal's most\nrecent SEC filings. Accordingly, you should not rely upon forward-looking\nstatements as predictions of future events. Cardinal cannot assure you that\nthe results, events and circumstances reflected in the forward-looking\nstatements will be achieved or occur, and actual results, events or\ncircumstances could differ materially from those projected in the\nforward-looking statements. Although forward-looking statements reflect the\ngood faith beliefs of Cardinal's management at the time they are made,\nforward-looking statements involve known and unknown risks, uncertainties and\nother factors which may cause actual results, performance or achievements to\ndiffer materially from anticipated future results, performance or achievements\nexpressed or implied by such forward-looking statements. Cardinal undertakes\nno obligation to publicly update or revise any forward-looking statement,\nwhether as a result of new information, future events, changed circumstances\nor otherwise, unless required by law. These cautionary statements qualify all\nforward-looking statements attributable to Cardinal or persons acting on its\nbehalf.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/cardinal-infrastructure-group-company-algc-announces-contract-win-on-walmart-sorting-facility-302867005.html\n(https://www.prnewswire.com/news-releases/cardinal-infrastructure-group-company-algc-announces-contract-win-on-walmart-sorting-facility-302867005.html)\n\nSOURCE Cardinal Infrastructure Group Inc.\n\n\n\nLiz Hester - Director of Marketing and Public Relations, LHester@CardinalCivil.com, (984)202-4236\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1768408/Cardinal-Infrastructure-Group-v1-Logo.jpg?id=OA2924932\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn81y2xma","title":"Cardinal Infrastructure Group Company, ALGC, Announces Contract Win on Walmart Sorting Facility","author":"PR Newswire","ticker":"CDNL","created":"2026-09-02T11:00:03.933Z","tickers":["CDNL"],"exchange":"NASDAQ","article_body":"Cardinal Infrastructure Group Company, ALGC, Announces Contract Win on Walmart Sorting Facility\n\nPR Newswire\n\nRALEIGH, N.C., Sept. 2, 2026\n\nRALEIGH, N.C., Sept. 2, 2026 /PRNewswire/ -- Cardinal Infrastructure Group,\nInc. (NASDAQ: CDNL) (\"Cardinal\" or the \"Company\"), announced today that A.L.\nGrading Contractors (ALGC) has been awarded an approximately $40 million\ncontract to deliver full-site civil infrastructure services for the\nCarnesville, Georgia, Walmart Sorting Facility.\n\nThe 164-acre project will be self-performed by ALGC and Allied Paving\nContractors, Cardinal's previously announced paving company acquisition\nexpected to close in the fourth quarter. The scope of work includes mass\ngrading of 1.8 million cubic yards; 54,000 linear feet of storm, sewer and\nwater utility work; a 1.5 million-square-foot building pad; fine grading for\nasphalt and concrete paving; and 83,000 yards of asphalt paving.\n\n\"This project reflects the scale and complexity of work ALGC and Allied Paving\nare built to deliver together, and it's a great example of how we're\ndiversifying our end markets into commercial and industrial projects by\nbringing our full range of civil infrastructure capabilities to a major\nlogistics client like Walmart,\" said Lee Wood, President of Georgia Operations\nfor Cardinal Infrastructure Group.\n\nThe Allied Paving acquisition continues Cardinal's vertical integration\nthrough disciplined M&A and expands turnkey operations in this\nfast-growing market.\n\n\"Allied Paving has already proven itself as a strong partner on projects like\nthis one and bringing that paving capability fully into the Cardinal platform\nis a natural next step for our business,\" said Benji Wood, Chief Operating\nOfficer of Cardinal Infrastructure Group. \"We're proud to be part of this\nsignificant investment in Georgia that will bring more than 1,000 jobs to the\narea.\"\n\nLearn more about the project here:\nhttps://gov.georgia.gov/press-releases/2026-08-27/gov-kemp-walmart-bring-1000-jobs-next-gen-fulfillment-center-carnesville\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4765570-1&h=50039100&u=https%3A%2F%2Fnam04.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fgov.georgia.gov%252Fpress-releases%252F2026-08-27%252Fgov-kemp-walmart-bring-1000-jobs-next-gen-fulfillment-center-carnesville%26data%3D05%257C02%257CELear%2540cardinalcivil.com%257C140183f2f8734a7cfede08df0474c55f%257Cf9da158202e04b72843535b97a8cdd21%257C0%257C0%257C639234571704990171%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DkNpP239ZmL07ZufOThSX0bpjXDv%252FJmB3TR0vbZcITb0%253D%26reserved%3D0&a=https%3A%2F%2Fgov.georgia.gov%2Fpress-releases%2F2026-08-27%2Fgov-kemp-walmart-bring-1000-jobs-next-gen-fulfillment-center-carnesville)\n\nForward-Looking Statements\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995, including statements\nabout the Company's future performance. Statements that are predictive in\nnature, that depend upon or refer to future events or conditions or that\ninclude the words \"may,\" \"could,\" \"plan,\" \"project,\" \"budget,\" \"predict,\"\n\"pursue,\" \"target,\" \"seek,\" \"objective,\" \"believe,\" \"expect,\" \"anticipate,\"\n\"intend,\" \"estimate,\" and other expressions that are predictions of or\nindicate future events and trends and that do not relate to historical matters\nidentify forward-looking statements. These statements involve risks and\nuncertainties and Cardinal's actual results could differ materially from the\nresults expressed or implied by such forward-looking statements. The potential\nrisks, uncertainties and other factors that could cause actual results to\ndiffer from those expressed by the forward-looking statements in this press\nrelease include, but are not limited to, difficulty in sustaining rapid\nrevenue growth, which may place significant demands on Cardinal's\nadministrative, operational and financial resources, fluctuations in\nCardinal's revenue and the concentration of Cardinal's business in the\nSoutheastern United States. Cardinal has based these forward-looking\nstatements largely on its current expectations and projections regarding\nfuture events and trends that it believes may affect its business, financial\ncondition and results of operations. The outcome of the events described in\nthese forward-looking statements is subject to risks, uncertainties and other\nfactors described in the section entitled \"Risk Factors\" in Cardinal's most\nrecent SEC filings. Accordingly, you should not rely upon forward-looking\nstatements as predictions of future events. Cardinal cannot assure you that\nthe results, events and circumstances reflected in the forward-looking\nstatements will be achieved or occur, and actual results, events or\ncircumstances could differ materially from those projected in the\nforward-looking statements. Although forward-looking statements reflect the\ngood faith beliefs of Cardinal's management at the time they are made,\nforward-looking statements involve known and unknown risks, uncertainties and\nother factors which may cause actual results, performance or achievements to\ndiffer materially from anticipated future results, performance or achievements\nexpressed or implied by such forward-looking statements. Cardinal undertakes\nno obligation to publicly update or revise any forward-looking statement,\nwhether as a result of new information, future events, changed circumstances\nor otherwise, unless required by law. These cautionary statements qualify all\nforward-looking statements attributable to Cardinal or persons acting on its\nbehalf.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/cardinal-infrastructure-group-company-algc-announces-contract-win-on-walmart-sorting-facility-302867005.html\n(https://www.prnewswire.com/news-releases/cardinal-infrastructure-group-company-algc-announces-contract-win-on-walmart-sorting-facility-302867005.html)\n\nSOURCE Cardinal Infrastructure Group Inc.\n\n\n\nLiz Hester - Director of Marketing and Public Relations, LHester@CardinalCivil.com, (984)202-4236\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1768408/Cardinal-Infrastructure-Group-v1-Logo.jpg?id=OA2924932\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-02T11:00:04.019251308Z","server_sent_at_ms":1788346804019},"received_at":"2026-09-02T11:00:04.106Z","source_url":"https://www.prnewswire.com/news-releases/cardinal-infrastructure-group-company-algc-announces-contract-win-on-walmart-sorting-facility-302867005.html"},"analysis":{"id":"122561","press_release_id":"133635","analysis_json":{"industry":{"label":"Construction & Engineering","sector":"Industrials"},"redFlags":["Contract execution relies on the Allied Paving acquisition, which is only expected to close in Q4 and has not yet closed","Forward-looking statements flag rapid-growth strain and revenue concentration in the Southeastern United States"],"eventType":"operations_update","narrative":"Cardinal Infrastructure Group's subsidiary A.L. Grading Contractors (ALGC) won an approximately $40 million contract to deliver full-site civil infrastructure services for the Walmart Sorting Facility in Carnesville, Georgia.\n\nThe 164-acre scope includes 1.8 million cubic yards of mass grading, 54,000 linear feet of storm, sewer and water utility work, a 1.5 million-square-foot building pad, and 83,000 yards of asphalt paving, self-performed by ALGC and Allied Paving Contractors.\n\nThe win supports Cardinal's push to diversify into commercial and industrial end markets, and execution depends in part on its previously announced Allied Paving acquisition, expected to close in the fourth quarter.\n\nPer Georgia's governor's office, the broader Walmart project represents a significant investment that will bring more than 1,000 jobs to the Carnesville area.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Small-cap civil contractor lands a ~$40M Walmart logistics-site contract, evidence its commercial/industrial diversification and pending Allied Paving deal are converting into backlog."},"keyFigures":{"customDimensions":{"jobs_created":"more than 1,000","project_acres":164,"building_pad_sq_ft":1500000,"contract_value_usd":40000000,"mass_grading_cubic_yards":1800000,"utility_work_linear_feet":54000,"asphalt_paving_cubic_yards":83000}},"quotedText":"This project reflects the scale and complexity of work ALGC and Allied Paving","namedEntities":{"people":[{"name":"Lee Wood","role":"President of Georgia Operations, Cardinal Infrastructure Group"},{"name":"Benji Wood","role":"Chief Operating Officer, Cardinal Infrastructure Group"}],"products":["Walmart Sorting Facility (Carnesville, GA)"],"companies":[{"name":"Cardinal Infrastructure Group, Inc.","ticker":"CDNL","relationship":"filer"},{"name":"A.L. Grading Contractors (ALGC)","relationship":"subsidiary awarded the contract"},{"name":"Allied Paving Contractors","relationship":"pending acquisition target, expected to close in Q4"},{"name":"Walmart","relationship":"customer / project owner"}],"dollarAmounts":[{"amount":"$40 million","context":"approximately, contract awarded to ALGC for civil infrastructure services at the Walmart Sorting Facility"}]},"materialImpact":{"score":3,"reasoning":"An approximately $40 million contract win is meaningful revenue for a small-cap civil infrastructure contractor and validates its diversification into commercial/industrial work, but it is a single project award and part of the scope depends on the Allied Paving acquisition that has not yet closed."},"tickerRelevance":{"others":[{"ticker":"WMT","relevance":"customer (Walmart is the project owner/logistics client; ticker inferred, not stated in the release)"}],"primary":"CDNL"},"globalImportance":28,"audienceRelevance":24,"eventTypeSecondary":["m_and_a"],"importanceComponents":{"tickerTier":"small-cap","customerTier":"mega-cap consumer brand (Walmart)","eventGravity":"contract-win","contractValue":"$40M","retailFavoriteBoost":"mild, via Walmart name association","pendingAcquisitionDependency":true}},"event_type":"operations_update","event_type_secondary":["m_and_a"],"sentiment":"bullish","material_impact_score":3,"narrative":"Cardinal Infrastructure Group's subsidiary A.L. Grading Contractors (ALGC) won an approximately $40 million contract to deliver full-site civil infrastructure services for the Walmart Sorting Facility in Carnesville, Georgia.\n\nThe 164-acre scope includes 1.8 million cubic yards of mass grading, 54,000 linear feet of storm, sewer and water utility work, a 1.5 million-square-foot building pad, and 83,000 yards of asphalt paving, self-performed by ALGC and Allied Paving Contractors.\n\nThe win supports Cardinal's push to diversify into commercial and industrial end markets, and execution depends in part on its previously announced Allied Paving acquisition, expected to close in the fourth quarter.\n\nPer Georgia's governor's office, the broader Walmart project represents a significant investment that will bring more than 1,000 jobs to the Carnesville area.","key_figures":{"customDimensions":{"jobs_created":"more than 1,000","project_acres":164,"building_pad_sq_ft":1500000,"contract_value_usd":40000000,"mass_grading_cubic_yards":1800000,"utility_work_linear_feet":54000,"asphalt_paving_cubic_yards":83000}},"named_entities":{"people":[{"name":"Lee Wood","role":"President of Georgia Operations, Cardinal Infrastructure Group"},{"name":"Benji Wood","role":"Chief Operating Officer, Cardinal Infrastructure Group"}],"products":["Walmart Sorting Facility (Carnesville, GA)"],"companies":[{"name":"Cardinal Infrastructure Group, Inc.","ticker":"CDNL","relationship":"filer"},{"name":"A.L. Grading Contractors (ALGC)","relationship":"subsidiary awarded the contract"},{"name":"Allied Paving Contractors","relationship":"pending acquisition target, expected to close in Q4"},{"name":"Walmart","relationship":"customer / project owner"}],"dollarAmounts":[{"amount":"$40 million","context":"approximately, contract awarded to ALGC for civil infrastructure services at the Walmart Sorting Facility"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-02T11:32:05.080Z","global_importance":28,"audience_relevance":24,"importance_components":{"tickerTier":"small-cap","customerTier":"mega-cap consumer brand (Walmart)","eventGravity":"contract-win","contractValue":"$40M","retailFavoriteBoost":"mild, via Walmart name association","pendingAcquisitionDependency":true}},"durationMs":163540,"modelName":"glm-4.7"}}