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Aecon awarded Construction Management Contract for $17.5 Million Building Project for Saint Mary's University

Apr 15, 2008
Aecon Group Inc. announced that its Atlantic Buildings group has been awarded a construction management contract for a $17.5 million building project by Saint Mary's University in Halifax.

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Aecon and Scott Construction announce projects totaling over $300 million

Apr 2, 2008
Aecon Group Inc. today announced eight new projects, awarded over the past several months, to be delivered by Scott Construction Group of Vancouver, totaling $337 million.

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Aecon announces issuance of common shares

Mar 27, 2008
Aecon Group Inc. announced today that it has entered into an agreement to issue 4.0 million common shares on a bought deal basis to a syndicate of underwriters led by...

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Aecon awarded three-year utilities distribution contract totaling $150 million from Union Gas

Mar 10, 2008
Aecon Group Inc. (TSX: ARE) today announced that its Infrastructure Division has been awarded a three-year alliance contract renewal from Union Gas totaling approximately $150 million.

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Aecon reports record results for 2007

Mar 4, 2008
Aecon Group Inc. today reported record operating results for 2007 as margins, operating profit and net income all increased over those reported the previous year.

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Aecon secures fabrication contract for oilsands

Mar 3, 2008
Aecon Group Inc. announced today that its Industrial Central division has secured a fabrication contract valued at over $25 million for an oilsands project in Alberta.

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Aecon awarded three-year $120 million utilities contract from Bell Canada

Feb 19, 2008
Aecon Group Inc. today announced that its Infrastructure Division has been awarded a three-year contract totalling approximately $120 million by Bell Canada with an option to extend for an additional year.

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Aecon to redeem 8.25% Debentures due March 17, 2010

Feb 15, 2008
Aecon Group Inc. announced today that it intends to redeem, in accordance with their terms, all of its 8.25% subordinated convertible debentures due March 17, 2010 (the “2010 Debentures”).

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IST secures two contracts totaling $17 million

Dec 21, 2007
Aecon Group Inc. announced today that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded two contracts totaling $17 million to design and supply an emissions control system and four Once Through Steam Generator (OTSG) units.

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Aecon Completes Alarie Acquisition

Dec 20, 2007
Aecon Group Inc. today announced that it has completed the previously disclosed purchase of the assets of Leo Alarie and Sons Limited (“LAS”), one of the largest construction companies in northern Ontario.

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IST awarded $16 million contract in Bolivia

Dec 11, 2007
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract valued at $16 million to supply its...

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Aecon Industrial awarded $116 million cogeneration project

Nov 2, 2007
Aecon Group Inc. today announced that its Industrial Group has been awarded two contracts totaling $116 million by East Windsor Cogeneration LP.

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Aecon resumes dividends

Oct 29, 2007
Aecon Group Inc. today announced that its board of directors has approved a policy to commence semi-annual dividend payments in the amount of $0.07 per share ($0.14 annually) to holders of Aecon Common Shares.

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Rouge Valley project reaches $64 million financial close

Oct 4, 2007
Aecon Group Inc. announced today that its Buildings Division has reached financial close of the $63.9 million Phase I Rouge Valley Health System project and is set to start construction immediately.

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Aecon to redeem 8.25% Debentures

Oct 2, 2007
Aecon Group Inc. announced today that it intends to redeem, in accordance with their terms, all of its 8.25% subordinated convertible debentures due November 2, 2009 (the “2009 Debentures”).

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Aecon awarded $100 million contract to build TEDCO’s Corus Entertainment Office Building

Sep 27, 2007
Aecon Group Inc. announced today that its Buildings Division has secured a contract with an estimated value of $100 million from the Toronto Economic Development Corporation (TEDCO) to build TEDCO’s Corus Entertainment office building and broadcast centre located on Toronto’s waterfront.

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Aecon Buildings awarded contract for redevelopment of the Rouge Valley Health System

Sep 4, 2007
Aecon Group Inc. announced today that its Buildings Division has been selected by the Rouge Valley Health System and Infrastructure Ontario as the preferred bidder, and has completed commercial close, for the Phase 1 redevelopment of the Rouge Valley Health System in Ajax.

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Aecon awarded $89 million contract for QEW widening and bridge reconstruction

Aug 14, 2007
Aecon Group Inc. announced today that it has been awarded an $88.7 million contract by the Ontario Ministry of Transportation (MTO) for work on the Queen Elizabeth Way (QEW) in Oakville between Burloak Drive and Third Line. It is the second largest contract MTO has ever awarded, and the largest MTO contract Aecon has received.

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Aecon reports record second quarter and first half earnings

Aug 7, 2007
Aecon Group Inc. today reported improved operating results for the second quarter of 2007 as revenues, margins, operating profit and net income all improved over those reported a year earlier.

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IST signs cooperation agreement with Macchi of Italy

Jul 18, 2007
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has formed a cooperation agreement with Macchi, a division of Sofinter S.p.a., to offer the combined services of both companies to the North American, European and Middle Eastern markets.

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Aecon Recognized in US with Buildings Industry Awards

Jul 11, 2007
Aecon Group Inc. today announced that its Seattle-based US Buildings division has been recognized by the Washington State Chapter of the Associated General Contractors of America (AGC) with a number of awards of excellence.

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Aecon awarded contract from Bell Canada

Jul 3, 2007
Aecon Group Inc. announced today that its Buildings Division has been awarded the construction management contract for a new five-story corporate office building for Bell at its existing Creekbank campus in Mississauga.

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Aecon's Karson Group Awarded $56 Million Contract for Construction on Highway 417

Jun 27, 2007
Aecon Group Inc. announced today that The Karson Group has been awarded a $56 million contract for work on Highway 417 in Ottawa, from the Ontario Ministry of Transportation (MTO).

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$210 million extension of the Cross Israel Highway reaches closing

Jun 26, 2007
Aecon Group Inc. today announced that Derech Eretz Highways Ltd. (DEC), the company owning concession rights for the Cross Israel Highway, has achieved financial close on an 18km northern extension of the highway.