×

Canam Goup Inc. Lands Multiple Contracts Totaling Close to $55M

desc
Canam logo
Canam logo

BOUCHERVILLE, Quebec, Dec. 12, 2012 (GLOBE NEWSWIRE) -- Canam Group Inc. (TSX:CAM) today announced that it recently added close to $55M in contracts to its backlog of orders for various building, structural steel and bridge projects.

Bridges in Wisconsin and Massachusetts





Structal-Bridges concluded agreements totaling more than $26M for the fabrication of two bridges in the United States and the supply of structural bearings in Canada. The first agreement made with the State of Wisconsin is to fabricate components for an overpass that is being built as part of the Memorial Drive Suamico project in Howard. Structal-Bridges will supply 36 box girders for this 2,198-ft (670-m) structure. Fabrication is slated to begin in March 2013 and deliveries will start in January 2014.

The second agreement signed with a joint venture formed by J.F. White and Skanska, is to replace the Fore River Bridge that connects the cities of Quincy and Weymouth in Massachusetts. The contract calls for more than 80 girders to construct the bridge approach in addition to through trusses for the 325-ft (99-m) vertical lift section. Fabrication will take place between spring 2013 and spring 2014.

554 structural bearings for a project in Quebec

Structal-Bridges signed a contract with general contractor Pomerleau to supply Goodco Z-Tech structural bearings for a multi-user dock project in the Port of Sept-Îles. This contract calls for the fabrication of 554 assembled laminated bearings to be delivered between December 2012 and March 2013.

Complex steel components for the STM Stinson Transport Center

In the buildings sector, the Canam division was awarded an $8M project for the design and fabrication of joists, girders, welded wide-flange (WWF) columns and steel deck. Located in Montreal, this project presents a number of technical challenges due to the complex geometry of some of the components for the 390,000-sq ft (36,232-sq m) building that is designed to house 800 workers and 300 vehicles. Deliveries are scheduled to take place from January to May 2013.

Various structural steel projects

Finally, Structal-Heavy Steel Construction's expertise in executing complex, large-scale structural steel projects netted the division a number of design-build mandates in Canada and the United States totaling over $20M.

About Canam Group Inc.

Canam Group is a manufacturing company that operates 20 plants across North America. Specialized in designing construction solutions and fabricating customized products since 1961, Canam Group takes part in an average of 10,000 construction projects each year in three activity sectors: buildings, structural steel and bridges. The Corporation employs close to 3,500 people in Canada, the United States, Romania, India and China.

Source:

François Bégin

Vice President, Communications

Canam Group Inc.

418-228-8031

francois.begin@canamgroup.ws

The Canam logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16240

CONTACT: Francois Begin Vice President, Communications Canam Group Inc. 418-228-8031 francois.begin@canamgroup.ws

Source:Canam