XNYS
VATE
Market cap138mUSD
Jul 09, Last price
10.16USD
1D
-11.11%
1Q
18.69%
Jan 2017
-82.87%
IPO
-93.38%
Name
Innovate Corp
Chart & Performance
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Profile
HC2 Holdings, Inc. is a diversified enterprise operating across numerous sectors in the United States, United Kingdom, and internationally. Its extensive portfolio includes construction, specialized marine services, energy solutions, telecommunications, insurance, life sciences, and broadcasting. Within the construction industry, HC2 offers comprehensive structural steel services, from initial design and detailing to fabrication and erection. Their projects span a wide array of commercial, industrial, and infrastructure developments, such as office and building complexes, hospitality venues like hotels and casinos, convention centers, sports facilities, retail malls, hospitals, and critical infrastructure including dams, bridges, mines, and power plants. The company also specializes in manufacturing structural components like trusses and girders, along with bespoke industrial products such as water pipes, storage tanks, pollution control scrubbers, tunnel linings, pressure vessels, and various filtration systems. The firm's marine operations focus on critical subsea infrastructure. This involves the installation and upkeep of undersea cables for telecommunications, as well as the deployment and maintenance of fiber optic communication and power systems for offshore oil and gas platforms, and inter-array power cables for offshore wind farms. In the energy sector, HC2 is involved in distributing natural gas motor fuels. They also design, construct, acquire, operate, and maintain compressed natural gas (CNG) fueling stations for transportation vehicles. Their telecommunications offerings encompass voice communication services provided to a diverse client base, including national telecommunication providers, mobile and prepaid service operators, Voice over Internet Protocol (VoIP) providers, wholesale carriers, and Internet service providers. Furthermore, HC2 operates in the insurance market, providing a range of products such as long-term care, life, annuity, and various accident and health coverage. In the life sciences domain, the company is dedicated to developing innovative solutions, specifically targeting treatments for early osteoarthritis of the knee and pioneering skin lightening technologies. Additionally, HC2 is active in broadcasting, managing over-the-air television stations and overseeing Azteca America, a Spanish-language broadcast network. The company, founded in 1994 and headquartered in New York, New York, was previously known as PTGi Holding Inc. before officially changing its name to HC2 Holdings, Inc. in April 2014.
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