AECOM selected as delivery partner for Eglinton Crosstown West Extension in Toronto
2023年12月22日 - 8:55PM
ビジネスワイヤ(英語)
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting
firm, today announced it has been selected by Metrolinx to serve as
its delivery partner for the Eglinton Crosstown West Extension
project, a 9.2-kilometer extension of the upcoming Eglinton
Crosstown Light Rail Transit (LRT) from the future Mount Dennis
Station to Renforth Drive. When complete, the project will create a
continuous rapid transit line that stretches from Scarborough,
through midtown Toronto, and into Mississauga.
“We’re honored to partner with Metrolinx to realize this key
part of Ontario’s historic transportation vision,” said Richard
Barrett, chief executive of AECOM’s Canada region. “By connecting
our industry-leading transportation expertise with our unique
program management capabilities through a global and collaborative
culture, we’re prepared to support this transformative program that
is expected to expand transit access to neighborhoods throughout
Toronto, bringing lasting benefits to the region.”
As delivery partner, AECOM will be an integral part of the
Metrolinx delivery team across the full breadth of infrastructure
for the project. This includes a global and multi-disciplinary
service offering, integrating the Company’s program management,
advisory, commercial management, procurement and supply chain
management, and project supervision services, among others.
“Fast, convenient public transportation is a crucial alternative
to automobiles that are a major source of urban air pollution,”
said Drew Jeter, chief executive of AECOM’s Program Management
global business line. “We are excited to bring the full strength of
our firm to this project, which will not only improve the quality
of life for residents and commuters but also the environmental
outcomes for communities. This is a great example of AECOM’s
ongoing commitment to leaving a positive, lasting impact on people
and our planet through our Sustainable Legacies strategy.”
The project will connect with other local and regional transit
including UP Express and GO Transit rail services, as well as TTC,
MiWay and GO Transit bus services. Most of the extension will be
underground with a portion of the line running on an elevated
guideway between Scarlett Road and Jane Street. Plans are also
being explored with the Greater Toronto Airports Authority to
extend the line to Toronto Pearson International Airport.
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure
consulting firm, delivering professional services throughout the
project lifecycle – from advisory, planning, design and engineering
to program and construction management. On projects spanning
transportation, buildings, water, new energy and the environment,
our public- and private-sector clients trust us to solve their most
complex challenges. Our teams are driven by a common purpose to
deliver a better world through our unrivaled technical and digital
expertise, a culture of equity, diversity and inclusion, and a
commitment to environmental, social and governance priorities.
AECOM is a Fortune 500 firm and its Professional Services business
had revenue of US$14.4 billion in fiscal year 2023. See how we are
delivering sustainable legacies for generations to come at
aecom.com and @AECOM.
Forward-Looking Statements
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historical fact are “forward-looking statements” for purposes of
federal and state securities laws, including any statements of the
plans, strategies and objectives for future operations,
profitability, strategic value creation, risk profile and
investment strategies, and any statements regarding future economic
conditions or performance, and the expected financial and
operational results of AECOM. Although we believe that the
expectations reflected in our forward-looking statements are
reasonable, actual results could differ materially from those
projected or assumed in any of our forward-looking statements.
Important factors that could cause our actual results, performance
and achievements, or industry results to differ materially from
estimates or projections contained in our forward-looking
statements include, but are not limited to, the following: our
business is cyclical and vulnerable to economic downturns and
client spending reductions; limited control over operations that
run through our joint venture entities; liability for misconduct by
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regulations applicable to our business; maintaining adequate surety
and financial capacity; potential high leverage and inability to
service our debt and guarantees; ability to continue payment of
dividends; exposure to political and economic risks in different
countries, including tariffs; currency exchange rate and interest
fluctuations; retaining and recruiting key technical and management
personnel; legal claims; inadequate insurance coverage;
environmental law compliance and adequate nuclear indemnification;
unexpected adjustments and cancellations related to our backlog;
partners and third parties who may fail to satisfy their legal
obligations; AECOM Capital real estate development projects;
managing pension cost; cybersecurity issues, IT outages and data
privacy; risks associated with the expected benefits and costs of
the sale of our Management Services and self-perform at-risk civil
infrastructure, power construction and oil and gas construction
businesses, including the risk that any contingent purchase price
adjustments from those transactions could be unfavorable and result
in lower aggregate cash proceeds and any future proceeds owed to us
under those transactions could be lower than we expect; as well as
other additional risks and factors that could cause actual results
to differ materially from our forward-looking statements set forth
in our reports filed with the Securities and Exchange Commission.
Any forward-looking statements are made as of the date hereof. We
do not intend, and undertake no obligation, to update any
forward-looking statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20231222507414/en/
Media: Brendan Ranson-Walsh Senior Vice President, Global
Communications 1.213.996.2367 Brendan.Ranson-Walsh@aecom.com
Investor: Will Gabrielski Senior Vice President, Finance,
Treasurer 1.213.593.8208 William.Gabrielski@aecom.com
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