UPDATE 1-Orion Marine Group cuts 2010 rev forecast

* Expects full year rev $345-$355 mln

* Had earlier forecast $360-$370 mln

Dec 21 (BestGrowthStock) – Marine contractor Orion Marine Group
(ORN.N: ) lowered its 2010 revenue forecast to $345-$355 million,
citing production-related issues.

The company, which had backed its earlier forecast of
$360-$370 million in November, cited changes in anticipated
timing as well as production issues at three projects for the
forecast cut.

Shares of the Houston-based company were trading down at
$11.79 on Tuesday on the New York Stock Exchange.
(Reporting by Amruta Sabnis in Bangalore; Editing by Don
Sebastian)

UPDATE 1-Orion Marine Group cuts 2010 rev forecast