Short Introduction
Argan Incorporated (AGX) has been around since 1961 and is headquartered in Rockville, Maryland. The company first hit the public markets in 1995 as Puroflow Incorporated and now acts as a holding company with four subsidiaries:
Gemma Power Systems, headquartered in Glastonbury Connecticut, is an engineering, procurement and construction business that builds large-scale power projects. In the nine months ending October 21, 2017, this company contributed 89% of the total revenue to Argan. Gemma Power Systems is far and away the most important aspect of this company.
The Roberts Company,