Business
Urban Infrastructure Group Inc. Wins Mandate for 100 Additional New Home Builds in Kitchener, Ontario
Brampton, Ontario--(Newsfile Corp. - October 1, 2025) - Urban Infrastructure Group Inc. (TSX...
About this update from Urban Infrastructure Group Inc.
[{"type":"text","content":"Urban Infrastructure Group Inc. Wins Mandate for 100 Additional New Home Builds in Kitchener, OntarioBrampton, Ontario--(Newsfile Corp. - October 1, 2025) - Urban Infrastructure Group Inc. (TSXV: UIG) (\"UIG\" or the \"Corporation\"), a concrete and drainage infrastructure construction company focused on new residential housing projects, has been awarded a contract for concrete and drainage work for a large-scale residential development by one of its largest developer customers in Kitchner, Ontario. Against the backdrop of a very difficult industry and economic conditions in Ontario, UIG prevailed in what was a very competitive bid process. The contract is for 100 units with a start date set for next month and to be completed in approximately six months.This latest win comes on the heels of the ~200 new home project win announced in late August. That project is in Milton, Ontario and work is underway this week. These projects underscore UIG's expertise in delivering critical infrastructure for large-scale residential communities and its commitment to supporting the growth of dynamic regions like Milton and Kitchener.\"We are pleased to partner on the Kitchner development,\" said Gary Alves, Chief Executive Officer. \"The awarding of this contract further recognizes UIG's commitment to quality and efficient delivery of concrete and drainage solutions essential for sustainable communities. There is a long way to go in order to begin to address the supply-demand imbalance in the residential new build industry and UIG is committed to being part of the long term solution.\"About Urban Infrastructure GroupUIG is a leading concrete and drainage infrastructure construction group engaged in the earliest stage of the construction process - known as Stage One. Urban Infrastructure Group specializes in large-scale, master-planned residential communities, with partners and customers behind some of Ontario's most significant residential development projects. Connect with UIG: https://urbaninfrastructuregroup.com/Contact:Krisztina AlvesInvestor RelationsT: 905-866-2483E: [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking InformationThis pres...