Beach erosion caused by increasingly stronger ocean storms, coupled with the natural migration of sand, negatively impacts most all coastlines. Dredging, however, is an essential process to counteract the natural movement of the seabed, disturbing navigable passages, harbors, and waterways.

Backgroundĭredging is the seemingly simple process of moving the ocean's seabed from Point A to Point B. Great Lakes Dredge & Dock offers a unique and essential service, is supported by strong US Corps of Engineers investments in its services, and is valued priced, especially considering its substantial market share.

The jingle also describes an interesting company often overlooked by many investors: Great Lakes Dredge & Dock ( NASDAQ: GLDD ). In the NE Jingle Wars, this phrase dueled with its regional archrival Jorden's Furniture's 'Everyday Underpricing', and interestingly Jorden's was purchased by Berkshire Hathaway ( BRK.B ) in 1999. From 1994 to 2014, 'Quality, Comfort, And Price…That's Nice' was the quintessentially New England commercial jingle, advertising Bernie and Phil's Furniture stores.

Great lakes docks and dredge