It was spun off a publicly traded company on NASDAQ in 2006 after the Madison's special-purpose acquisition company Aldabra Acquisition Corp merged with it. From 1985 to 1998, GLI was acquired by several companies to include ITEL Corporation, Blackstone Dredging Partners and Vectura Holding Company until being purchased by Madison Dearborn Partners in 2003 for $340 million. was included as a holding company for GLD&D. After the Second World War, GLD&D participated in extensive oil-related dredging in the Gulf of Mexico.
Between 19, GLD&D undertook major projects such as the Sabin Lock, straightening of the Chicago River west of the Chicago Loop, the Michigan Avenue Bridge, foundation landfill and reclamation of the area where the Adler Planetarium & Astronomy Museum, Soldier Field, Meigs Field and Field Museum of Natural History stand today in Chicago and harbor work for the Naval Station Great Lakes.During the Second World War, GLD&D constructed the MacArthur Lock. It was renamed the Great Lakes Dredge and Dock Company in 1905. The company soon had satellite operations throughout the Great Lakes. Early projects included the shoreline structures for the Chicago's Columbian Exposition. Drews and was named Lydon & Drews dredging company. The company was founded in 1890 as the partnership of William A. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. It operates a fleet of 18 dredges, 17 material transportation barges, 1 drillboat, and various other support vessels. The company serves federal, state, and local governments foreign governments and domestic and foreign private concerns, such as utilities, oil, and other energy companies.
It is also involved in coastal protection projects that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments land reclamations, channel deepening, and port infrastructure development and lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company engages in capital dredging that consists of port expansion projects coastal restoration and land reclamations trench digging for pipelines, tunnels, and cables and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. Great Lakes Dredge & Dock Corporation provides dredging services in the United States.
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