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ADF GROUP ANNOUNCES THE SIGNING OF A SERIES OF NEW CONTRACTS IN QUEBEC AND IN THE UNITED STATES TOTALLING $55.0 MILLION

ADF GROUP ANNOUNCES THE SIGNING OF A SERIES OF NEW CONTRACTS IN QUEBEC AND IN THE UNITED STATES T...

articleAdf Group Inc.September 24, 20245/company/adf-group-inc/news/adf-group-announces-the-signing-of-a-series-of-new-contracts-in-quebec-and-in-the-united-states-totalling-dollar550-million
ADF GROUP ANNOUNCES THE SIGNING OF A SERIES OF NEW CONTRACTS IN QUEBEC AND IN THE UNITED STATES TOTALLING $55.0 MILLION

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[{"type":"text","content":"\n\n\n\n ADF GROUP ANNOUNCES THE SIGNING OF A SERIES OF NEW CONTRACTS IN QUEBEC AND IN THE UNITED STATES TOTALLING $55.0 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\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 Sept. 24, 2024\n \n\n /CNW/ -\n \n ADF GROUP INC\n \n . (\"ADF\" or the \"Corporation\") (TSX: DRX), a North American leader in the fabrication of steel superstructures, announces the signing of a series of new orders in\n \n Quebec\n \n and the U.S. Midwest totaling\n \n\n $55.0 million\n \n\n .\n \n\n\n\n\n\n\n\n\n ADF Group announced in\n \n April 2023\n \n and in\n \n December 2023\n \n the award of the first and second phases of a major contract in the pharmaceutical sector in the Midwest region. As part of this contract, ADF's management announced today that it has reached another commercial agreement with its client for additional work, similar to the other contracts mentioned above announced in 2023, and which concerns the construction of the steel structure of an industrial-type building that is also part of the second phase. Fabrication work will begin in the coming months. This additional work will be carried out over a period of approximately eight months.\n \n\n This series of new orders also included structural steel fabrication contracts in various regions of\n \n Quebec\n \n , all in the industrial sector.\n \n\n The Corporation's order backlog stood at\n \n $ 402.3 million\n \n as at\n \n July 31, 2024\n \n , including some of the new orders announced today.\n \n\n\n About ADF Group Inc.\n \n | ADF Group Inc. is a North American leader in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. ADF Group Inc. is one of the few players in the industry capable of handling highly technically complex mega projects on fast-track sche...

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