TERREBONNE, QC, April 23, 2018 /CNW Telbec/ - ADF GROUP
INC. ("ADF" or the "Corporation") Ticker symbol: (TSX: DRX), a
North American leader in the fabrication of steel superstructures,
announces the award of two new major projects in the United States worth a total of
$95 million.
These new orders are part of new construction projects of
commercial buildings and call for the fabrication, which also
encompasses shop drawings, the supply of raw material (steel) and
industrial coating, and the installation of complex steel
structures and heavy steel components.
These new orders will be carried out at both of ADF's
fabrication plants and will extend until the third quarter of the
fiscal year ending January 31,
2020.
Mr. Jean Paschini,
Co-Chairman of the Board and Chief Executive Officer, points out
that "we have always relied on the expertise of our human
resources, the quality of our assets, and our experience to
position the company in our target markets. These new orders
confirm once again the relevance of our strategy. We continue our
efforts to add new contracts to our order book that will allow us
to maintain our objective of profitable growth".
Annual Meeting of Shareholders
ADF Group Inc. Annual Meeting of Shareholders will be held on
Wednesday, June 13, 2018, at
11:00 a.m., at the Imperia Hotel
& Suites, located at 2935 de la Pinière Boulevard, Terrebonne, Quebec.
Results for the First Quarter Ended April 30, 2018
The Corporation will disclose its results for the first quarter
ended April 30, 2018, on Wednesday, June 13, 2018, before markets
open.
About ADF Group Inc.
ADF Group Inc. is a North American leader in the design and
engineering of connections, fabrication, including industrial
coatings, and installation of complex steel structures, heavy steel
built-ups, as well as in miscellaneous and architectural metals for
the non-residential construction industry. ADF Group Inc. is one of
the few players in the industry capable of handling highly
technically complex mega projects on fast-track schedules in the
commercial, institutional, industrial and public sectors. The
Corporation operates two fabrication plants and two paint shops, in
Canada and in the United States.
Forward-Looking Information
This press release contains forward-looking statements
reflecting ADF objectives and expectations. These statements are
identified by the use of verbs such as "expect" as well as by the
use of future or conditional tenses. By their very nature these
types of statements involve risks and uncertainty. Consequently,
reality may differ from ADF's expectations.
All amounts are in Canadian dollars, unless otherwise
indicated.
Website : www.adfgroup.com
SOURCE ADF Group Inc.