Aecon awarded $16 million contract for redevelopment of Peterborough Airport
2010年8月24日 - 7:30PM
PR Newswire (Canada)
PETERBOROUGH, ON, Aug. 24 /CNW/ -- PETERBOROUGH, ON, Aug. 24 /CNW/
- Aecon Group Inc. (TSX: ARE) announced today that its Construction
and Materials Division has been awarded a $15.6 million
design-build contract by the City of Peterborough for the
redevelopment of the Peterborough Municipal Airport. Under the
contract, Aecon will extend and strengthen existing runways,
taxiways and aprons, as well as upgrade the runway lighting.
Expansion of groundside development lots, roadways and associated
infrastructure will also be completed. This redevelopment will
enable the Peterborough Airport to improve its ability for
continued growth by expanding the airport's capacity. Construction
begins this month on the project and is scheduled for completion in
March 2011. Aecon Construction and Materials Limited (ACML) is
managing the design build contract and is performing the grading
drainage and asphalt paving scope of work. A number of Aecon
Infrastructure business units will perform work on the project: AME
is responsible for quality control and testing of the works, Miwel
will perform some of the sanitary sewer and water main
construction, and AGI Traffic Technology alongside Tristar will
perform all of the electrical upgrades and specialized airport
lighting work. "This project will draw on the proven airport
development strengths of a number of our business units and
demonstrate the diversity of Aecon's civil construction
capabilities," said Teri McKibbon, CEO of Aecon's Infrastructure
Group. "We look forward to being able to utilize our diverse
expertise on such a pinnacle project for the City of Peterborough."
Aecon Group Inc. is Canada's largest, publicly traded construction
and infrastructure development company. Aecon and its subsidiaries
provide services to private and public sector clients throughout
Canada and on a selected basis internationally. Aecon is pleased to
be recognized as one of the 50 Best Employers in Canada. The
information in this presentation includes certain forward-looking
statements. These "forward-looking" statements are based on
currently available competitive, financial and economic data and
operating plans but are subject to risks and uncertainties. Recent
events in global financial and credit markets have resulted in
abnormally high market volatility and a level of uncertainty not
seen in decades. The high level of uncertainty arising from this
crisis may continue to impact the global, North American and
Canadian economies in unpredictable ways and may impact the results
of Aecon in a manner which is currently impossible to ascertain. In
addition, factors could cause Aecon's actual results, performance
or achievements to vary from those expressed or inferred herein.
Risk factors are discussed in greater detail in the section on
"Risk Factors" in the Annual Information Form filed on March 31,
2010 and available at www.sedar.com. Forward-looking statements
include information concerning possible or assumed future results
of operations or financial position of Aecon, as well as statements
preceded by, followed by, or that include the words "believes,"
"expects," "anticipates," "estimates," "projects," "intends,"
"should" or similar expressions. Important factors, in addition to
those discussed in this document, could affect the future results
of Aecon and could cause those results to differ materially from
those expressed in any forward-looking statements. %SEDAR:
00004778EF Mitch Patten, Senior Vice President, Corporate Affairs,
Aecon Group Inc., 416-297-2615, aecon@aecon.com, www.aecon.com
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