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Aecon joint venture awarded $54 million contract for new alignment of Highway 11 at Burk's Falls

Jun 23, 2006
Aecon Group Inc. announced today that it has secured a $54.0 million contract from the Ontario Ministry of Transportation to construct a portion of Highway 11 at Burk's Falls, in a 50/50 joint venture with Leo Alarie and Sons Ltd.

Aecon reports improved operating results

May 15, 2006
Aecon Group Inc. today reported improved margins and operating results in the first quarter of 2006 compared to the same quarter last year.

Aecon awarded $36 million design-build contract by GO Transit

May 4, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $36.5 million contract by GO Transit to design and build a rail-to-rail grade separation in Markham, Ontario.

Aecon awarded $41 million contract for widening of Hwy 401

Apr 25, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $40.8 million contract to widen an 11 km stretch of Highway 401 and conduct bridge maintenance work on three overpasses near Woodstock, Ontario.

Aecon announces exercise of over-allotment option

Apr 18, 2006
Aecon Group Inc. announced today that the over-allotment option granted to the underwriters in connection with the company's previously announced public offering of common shares was exercised in respect of 180,000 shares.

Aecon awarded $37 million contract to widen 407 ETR

Apr 12, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $37.5 million contract to widen Highway 407 ETR north of Toronto between Highway 427 and Highway 404.

Aecon completes $28.1 million equity financing

Mar 17, 2006
Aecon Group Inc. announced today that it has completed the previously announced issuance of 4,500,000 common shares at a price of $6.25 per common share for aggregate proceeds of $28,125,000.

Hochtief converts remaining convertible debt to equity in Aecon

Mar 16, 2006
Aecon Group Inc. today announced that Hochtief Canada Inc., a wholly owned subsidiary of Hochtief AG of Essen, Germany, has exercised its option to convert approximately $7.7 million of convertible debt to Aecon common shares at a conversion price of $3.60 per share.

Aecon reports improved results for 2005 Q4

Mar 8, 2006
Aecon Group Inc. today reported improved operating results for 2005 as compared to last year.

Aecon Announces Issuance of Common Shares

Feb 27, 2006
Aecon Group Inc. announced today that it has entered into an agreement to issue 4,500,000 common shares on a bought deal basis to a syndicate of underwriters led by...

IST completes sale of two units in New York

Feb 24, 2006
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract by the Riverbay Corporation to supply two Once Through Steam Generators (OTSGs) for a power plant project in Bronx, New York.

Quito Airport concession takes effect

Jan 31, 2006
Aecon Group Inc. today announced that the Quito Airport concession, in which Aecon holds a 45.5% economic interest, is in full effect and the airport is now being run to the financial benefit of the concessionaire.

Agreement signed for US$180 million extension of the Cross Israel Highway

Jan 18, 2006
Aecon Group Inc. today announced that Derech Eretz Highways Ltd. (DEC), the company owning concession rights for the Cross Israel Highway, has signed an agreement with the state of Israel giving DEC the concession rights for a 17 km extension of the highway in northern Israel.

Aecon joint venture awarded $200 million nuclear refurbishment contract

Jan 10, 2006
Aecon Group Inc. announced today that a joint venture in which its Industrial division is a 50% partner has secured a $204 million contract at Bruce Power's 'Bruce A' generating station.

IST completes sale of three units in Puerto Rico

Dec 12, 2005
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract by the Puerto Rico Electric Power Authority totaling $9.75 million.

Aecon reports improved results from continuing operations

Nov 5, 2005
Aecon Group Inc. today reported improved operating results from continuing operations in the third quarter and first nine months of 2005 compared to the same periods last year.

Aecon Buildings awarded projects with a total construction value of $50 million

Nov 3, 2005
Aecon Group Inc. (TSX: ARE) today announced several new projects awarded to its Buildings Division in Ottawa, Montreal, Halifax and Seattle worth approximately $50 million Cdn.

IST to build once-through-steam-generator in South Africa

Nov 1, 2005
Aecon Group Inc. today announced that its wholly-owned subsidiary Innovative Steam Technologies (IST) was awarded a contract in July 2005 to design and fabricate a once-through-steam-generator (OTSG) for South Africa's first combined-cycle cogeneration project.

Aecon Awarded $60 Million Contract for Work on QEW in Ontario

Oct 5, 2005
Aecon Group Inc. today announced that its Aecon Civil and Utilities division has been awarded a $59.8 million contract by the Ministry of Transportation of Ontario ("MTO") for work on the Queen Elizabeth Way ("QEW") in the Hamilton area.

Scott Balfour Appointed President of Aecon

Sep 13, 2005
Aecon Group Inc. today announced that Scott Balfour has been appointed President of the company. Mr. Balfour, who has been Aecon's Executive Vice President and CFO since 1999, will now assume executive leadership of Aecon's operating divisions, reporting to Chairman and CEO, John M. Beck, who continues as Chairman and CEO.

Quito Airport financing documents signed

Aug 25, 2005
Aecon Group Inc. today announced the signing of financing documents among Aecon, its concession partners and the project lenders for the new Quito International Airport project.

Aecon reports improved results from continuing operations

Aug 11, 2005
Aecon Group Inc. today reported improved operating results from continuing operations in the second quarter and first half of 2005 compared to the same periods last year.

Aecon-Cegerco recently awarded two Montreal area contracts worth a combined total of over $20 million

Aug 9, 2005
Aecon Group Inc. announced today that its Quebec-based Buildings division, Aecon-Cegerco, has secured contracts from two different clients in the Montreal area worth over a combined $20 million.

Expertech chooses Aecon as its strategic partner for Ontario construction requirements

Aug 5, 2005
Aecon Group Inc. today announced that its Civil and Utilities division has successfully negotiated a series of contracts with Expertech Network Installation Inc. These new renewable contracts take effect September 2005.