BE&K Building Group Returns Following Acquisition of KBR Building Group by Pernix Group, Inc.
July 7, 2015

Company Well-Positioned for Growth Domestically and Internationally — Leadership, Locations, Operations to Remain Intact.

July 7, 2015, Greenville, South Carolina — KBR Building Group, a subsidiary of KBR, Inc. for the past seven years, has been acquired by global construction firm Pernix Group, Inc., of Lombard, Illinois. The acquisition completed financial close on June 30, 2015. Moving forward, the company will once again operate under its original name, BE&K Building Group. Known for its outstanding safety record, BE&K Building Group offers a wide variety of construction management services and project delivery methods nationally to clients in the advanced manufacturing, commercial/mixed-use, healthcare and institutional sectors. BE&K Building Group’s headquarters will remain in Greenville, South Carolina. In addition to Greenville, the company has full-service regional operations in Charleston, South Carolina; Research Triangle Park, North Carolina; Washington, D.C.; Chicago, Illinois; and Houston, Texas. Consistently ranked as one of the Southeast’s leading contractors for the past four decades, BE&K Building Group has received dozens of national and regional awards for design and construction excellence.

BE&K Building Group’s national leadership position in key market sectors, together with its outstanding safety record, technical innovation, preconstruction services and design-build delivery expertise, will expand Pernix Group’s commercial domestic operations and strengthen their portfolio for international business opportunities. Pernix Group is consistently listed as one of Engineering News-Record’s Top 50 American Contractors Working Abroad.

“Our team is honored and excited to join the Pernix Group family of companies and return to our BE&K Building Group roots,” said Mac Carpenter, President of BE&K Building Group. “This extraordinary opportunity allows us to continue providing world-class construction services to our clients, leveraging Pernix’s agility, commitment to safety, quality control, and worldwide presence. The biggest difference is that our new family gives us the ability to expand our reach and follow our clients throughout the world. Customer satisfaction is a core value for us, and our affiliation with Pernix enables us to better serve our clients. These are exciting times for our company and BE&K Building Group is proud to now be a part of Pernix Group.”

In the past decade alone, BE&K Building Group has executed an impressive list of building programs for well-known companies like American Honda Motor Company, BASF, Boeing, Duke Medicine, DuPont, General Mills, Ferguson Enterprises, Gulfstream Aerospace, Novartis Vaccines & Diagnostics, Sysco Foods and Triumph Group.

For additional details on the acquisition, read Pernix Group, Inc. Closes KBR Building Group Acquisition (7/7/2015).

About BE&K Building Group, a Pernix Group Company — Known for its outstanding safety record, BE&K Building Group offers a wide variety of construction management services and project delivery methods nationally to clients in the advanced manufacturing, commercial/mixed-use, healthcare and institutional sectors. BE&K Building Group’s headquarters will remain in Greenville, South Carolina. In addition to Greenville, the company has full-service regional operations in Charleston, South Carolina; Research Triangle Park, North Carolina; Washington, D.C.; and Houston, Texas. Consistently ranked as one of the Southeast’s leading contractors for the past four decades, BE&K Building Group has received dozens of national and regional awards for design and construction excellence.

About Pernix Group, Inc. — Pernix Group, Inc. (OTCQB: PRXG) is a global company headquartered in Lombard, Illinois. The Company is engaged in three primary markets: Federal Government, Commercial & Industrial, and Power. Pernix Group delivers full-scale construction and management capabilities, with operations in the United States, Africa, the Middle East, and the South Pacific. Additional information is available at http://www.pernixgroup.com/.