News

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.

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).

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.

Aecon Group Inc. announced today that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract to supply two Once-Through Steam Generator (OTSG) units in Kailua-Kona, Hawaii. The contract is valued at approximately $15 million CAD.

Aecon Group Inc. announced today that it has been awarded a heavy civil contract on the ring road being constructed in Calgary.

Aecon Group Inc. announced today that its Industrial Western Canada division has secured a large module contract for an oilsands project in Alberta.

Aecon Group Inc. announced today that it has completed the due diligence process and obtained all required approvals for a new three-year credit facility that will replace a number of existing credit facilities.

Aecon Group Inc. announced today that its Industrial Western Canada Division and its Civil and Utilities Division have secured two contracts totaling $60 million in the Alberta oilsands for key clients BA Energy and Kinder Morgan Canada Terminals.

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

Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $49.1 million contract to widen the median of Highway 407 northwest of Toronto between Highway 427 and Highway 401.

A partnership between Aecon, Flatiron Constructors Canada Limited, Dragados Canada, Inc., and EBC Inc. (AFDE Partnership) has signed the contract with BC Hydro for the Site C Generating Station and Spillways (GSS) Civil Works.

Aecon Group Inc. today reported significantly improved operating results for 2006 as margins, operating profit and net income all improved over those reported the previous year.

Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded two contracts totalling $35 million to supply its Once-Through Steam Generator (OTSG) units to two clients in Spain.

Aecon Group Inc. is pleased to announce that The Karson Group is a winner of Canada's 50 Best Managed Companies.

Aecon Group Inc. today announced that it has acquired The Karson Group, one of the largest aggregate, asphalt and civil construction companies in Eastern Ontario.

Aecon Group Inc. announced today that it has been recognized as one of the 50 Best Employers in Canada.

Aecon Group Inc. today announced completion of the previously disclosed transaction whereby Hochtief AG sold all of its shares in Aecon to a syndicate of underwriters.

Aecon Group Inc. announced today that it has filed a preliminary short form prospectus in respect of a proposed secondary public offering of common shares.

Aecon Group Inc. announced today that Mike Archambault, Aecon's Vice President of Safety and Insurance has been chosen by the Ontario government to join the Workplace Safety and Insurance Board (WSIB) Board of Directors.

Aecon Group Inc. announced today that it has entered into an agreement with Hochtief AG and certain of its subsidiaries that hold common shares of Aecon...

Aecon Group Inc. today reported improved results for the third quarter and first nine months of 2006 as margins, operating profit and net income all improved compared to the same periods last year.

Aecon Group Inc. announced today that its Construction and Materials division has been awarded a $41 million contract from the Ministry of Transportation to construct the realignment of a portion of Highway 69 at Sudbury, in a 50/50 joint venture with Leo Alarie and Sons Ltd.

Aecon Group Inc. announced today that its Buildings Division has been awarded a design-build project by Forum Leasehold Partners Inc. for the $37 million Orléans Arts Centre Facility in Ottawa.

Aecon Group Inc. announced today that its Buildings Division has been awarded a construction management contract for an $8 million casino project in the U.S. Pacific Northwest.