TERREBONNE, QC, March 23, 2020 /CNW Telbec/ - ADF GROUP
INC. ("ADF" or the "Corporation") (TSX: DRX), a North American
leader in the fabrication of steel superstructures, announces the
award of two new contracts in North
America worth a total of $65
million, one as part of the construction of a new industrial
building in the transportation sector in Quebec, and the other consists in the
construction of a new commercial building in California.
In both cases, ADF was entrusted with the design and engineering
of connections, the fabrication, including the procurement of raw
material (steel) and industrial coating, as well as the
installation of these new structures.
These new contracts will be carried out at both of ADF's
fabrication plants, one in Terrebonne,
Quebec and the other in Great
Falls, Montana. Fabrication work on both new projects is
scheduled to start in the month of July
2020 and extend over a 12-month period.
It should be noted that excluding today's announcement of the
award of these new orders, ADF Group's order backlog stood at
$329.2 million on January 31, 2020, the Corporation's year-end.
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.