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ADF GROUP ANNOUNCES THE AWARD OF MAJOR NEW CONTRACTS IN CANADA AND IN THE UNITED STATES WITH A TOTAL VALUE OF 234 MILLION DOLLARS

ADF GROUP ANNOUNCES THE AWARD OF MAJOR NEW CONTRACTS IN CANADA AND IN THE UNITED STATES WITH A TO...

articleAdf Group Inc.December 11, 20235/company/adf-group-inc/news/adf-group-announces-the-award-of-major-new-contracts-in-canada-and-in-the-united-states-with-a-total-value-of-234-million-dollars
ADF GROUP ANNOUNCES THE AWARD OF MAJOR NEW CONTRACTS IN CANADA AND IN THE UNITED STATES WITH A TOTAL VALUE OF 234 MILLION DOLLARS

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[{"type":"text","content":"\n \n \n \n ADF GROUP ANNOUNCES THE AWARD OF MAJOR NEW CONTRACTS IN CANADA AND IN THE UNITED STATES WITH A TOTAL VALUE OF 234 MILLION DOLLARS\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 \n \n \n (All amounts are in Canadian dollars unless otherwise noted.)\n \n \n \n \n \n TERREBONNE, QC\n \n \n ,\n \n \n Dec. 11, 2023\n \n \n \n /CNW/ -\n \n The management of\n \n ADF GROUP INC\n \n . (\"ADF\" or the \"Corporation\") (TSX: DRX),\n \n North America's\n \n leader in the fabrication of steel superstructures, announces the signing of a series of new orders in the U.S. totaling\n \n \n $234,0 million\n \n \n .\n \n \n Firstly, last May, ADF Group announced the award of a large-scale contract for the first phase of a major construction project in the pharmaceutical sector in the Midwest region. This contract was amended to include additional work that will be included in the original contract and will be completed within the first phase's original execution schedule. In this regard, fabrication work will begin in\n \n December 2023\n \n .\n \n \n The Corporation's management also announces that it has reached an agreement with the same client for the second phase of the above-mentioned construction project. This major new contract is the largest in this series of new orders in terms of value. The nature and scope of work in this second phase of the project is similar as the first phase and consists of the design and engineering of the connections, the fabrication work, including the supply of the steel and industrial coating, as well as the erecting of the steel structure and heavy steel components of a large-surface industrial-type building. Fabrication will begin in\n \n February 2024\n \n and will extend over a period of approximately15 months.\n \n \n This series of new orders also includes the award of a new contract in the Southeastern region of\n \n the United States\n \n , which consists of, among other things, fabrication, including industrial coating, and the delivery of the steel structure of a new industrial building for a g...

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