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ADF Group announces new contracts in the U.S. worth a total of $101 million

ADF Group announces new contracts in the U.S. worth a total of $101 million Can...

articleAdf Group Inc.November 25, 20205/company/adf-group-inc/news/adf-group-announces-new-contracts-in-the-us-worth-a-total-of-dollar101-million
ADF Group announces new contracts in the U.S. worth a total of $101 million

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[{"type":"text","content":"\n \n \n \n ADF Group announces new contracts in the U.S. worth a total of $101 million\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n TERREBONNE, QC, Nov. 25, 2020\n \n \n \n \n \n (All amounts are in Canadian dollars, unless otherwise indicated.)\n \n \n \n \n TERREBONNE, QC\n \n ,\n \n Nov. 25, 2020\n \n /CNW Telbec/ -\n \n ADF GROUP INC.\n \n (\"ADF\" or the \"Corporation\") (Ticker symbol: TSX/DRX), a North American leader in the fabrication of steel superstructures, announces the award of two new contracts in the commercial building sector in the\n \n U.S.A.\n \n , worth a total of\n \n $101 million\n \n .\n \n \n The scope of the largest of these contracts, in terms of value and tonnage, relates to the design and engineering of connections, fabrication, which also includes industrial coating and the supply of raw material (steel), and the installation of the steel structure of a new building with a commercial vocation in the\n \n Northwestern U.S.A.\n \n This project is characterized not only by its high tonnage, but also by a fast-track construction schedule. Fabrication is expected to start in the first months of 2021 at ADF's plant located in\n \n Terrebonne, Quebec\n \n , and will run until the third quarter of the year 2021.\n \n \n The other contract won by ADF is located in the\n \n Northeastern U.S.A.\n \n and consists in, among other things, the supply of raw material (steel) and shop drawings, and the fabrication of the steel structure used in the construction of a new government building. This new contract will take off in\n \n January 2021\n \n with the design and engineering of connections and shop drawings. Fabrication is expected to begin later in 2021 and will run until mid-2022.\n \n \n \n Mr. Jean\n \n \n Paschini\n \n , Co-Chair and CEO, noted that \"we are privileged to work again with one of our clients with whom we have completed other major projects in the past. We place great importance on developing long-term relationships with our customers and ensuring that we offered quality products and meet their e...

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