Legacy of Excellence
Although Gulf Island was founded in 1985, our history dates back to 1947 when Alden J. “Doc” Laborde worked on the first offshore oil and gas well in the Gulf of Mexico. In 1953, Mr. Laborde revolutionized the oil and gas industry by designing the world’s first offshore mobile drilling rig.
During the downturn in the oil and gas industry in 1985, Mr. Laborde purchased a fabrication facility in Louisiana and co-founded Gulf Island to build offshore oil-drilling platforms.
After years of sustained growth, Gulf Island went public in 1997 (NASDAQ: GIFI) and we quickly established ourselves as a leader in the fabrication of offshore and onshore structures for the oil and gas and alternative energy industries. We further expanded our capabilities to include project management, hookup, commissioning, repair, maintenance and civil construction services.
On Friday, January 16th, 2026, Gulf Island officially became part of IES Holdings, Inc. (NASDAQ: IESC) following the successful close of the acquisition. Gulf Island became part of the IES Infrastructure Solutions segment, where it continues to support its existing customers and added capacity for IES’s custom engineered solutions, including generator enclosures and related power products.