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News Release

Aecon awarded contract for $31 Million Veterinary Diagnosis complex in Quebec

Jun 22, 2009
Aecon Group Inc. announced today its Buildings Division has been awarded a $31 million contract to build a veterinary diagnosis complex in St-Hyacinthe, Quebec for the Ministère de l’Agriculture, des Pêcheries et de l’Alimentation du Québec (MAPAQ).

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IST awarded two contracts totaling more than $14 million

Jun 3, 2009
Aecon Group Inc. announced today that its wholly-owned subsidiary Innovative Steam Technologies (IST), has been awarded two contracts valued at over $14 million to supply Once-Through Steam Generator (OTSG) units to Altek Alarko Elektrik in Turkey and STC Spa in Italy.

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Aecon selected as Construction Manager for interior of Corus Entertainment headquarters

May 20, 2009
Aecon Group Inc. announced today its Buildings Division has secured a Construction Management contract to complete the interior of Corus Entertainment’s new office building and broadcast centre located on Toronto’s waterfront.

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Aecon reports solid first quarter

May 5, 2009
Aecon Group Inc. today reported solid results in the first quarter of 2009.

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Aecon announces senior management change

Apr 21, 2009
Aecon Group Inc. today announced that its President, Scott Balfour, would resume the position of President and CFO following the resignation of Gordon Panas as CFO.

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Aecon joint venture awarded $181 million contract for water filtration tunnels in Vancouver

Apr 7, 2009
Aecon Group Inc. today announced that a joint venture in which its Infrastructure division is participating has been awarded a project with Metro Vancouver for completion of the twin tunnels component of the Seymour Capilano Filtration Project.

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Aecon and Lockerbie announce completion of Aecon’s acquisition of Lockerbie

Apr 1, 2009
Aecon Group Inc. and Lockerbie & Hole Inc. ("Lockerbie") (TSX:LH) today announced that the previously announced plan of arrangement under the Business Corporations Act (Alberta) involving...

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Aecon and Lockerbie Announce Shareholder and Court Approval for Aecon's Acquisition of Lockerbie

Mar 31, 2009
Aecon Group Inc. and Lockerbie & Hole Inc. ("Lockerbie") (TSX:LH) today announced that both Lockerbie's shareholders and the Court of Queen's Bench of Alberta have approved the arrangement under the Business Corporations Act (Alberta) pursuant to which Aecon will acquire all of the outstanding shares of Lockerbie.

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Aecon and Lockerbie Announce Exchange Ratio and Remind Lockerbie Shareholders of Deadlines

Mar 27, 2009
Aecon Group Inc. and Lockerbie & Hole Inc. ("Lockerbie") (TSX:LH) today announced that the exchange ratio for Aecon's acquisition of Lockerbie, being the fraction of an Aecon share to be issued under the arrangement for each Lockerbie share, is 0.8672.

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Lockerbie Mails Meeting Materials to its Shareholders with Closing of Aecon's Acquisition of Lockerbie Scheduled for April 1

Mar 12, 2009
Aecon Group Inc. and Lockerbie & Hole Inc. ("Lockerbie") (TSX:LH) today announced that Lockerbie has mailed to its shareholders the meeting materials for the special meeting of Lockerbie's shareholders to be held on March 31, 2009...

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Tony Franceschini joins Aecon’s Board of Directors

Mar 3, 2009
Aecon Group Inc. today announced the appointment of Tony Franceschini, President and CEO of Stantec Inc., to Aecon’s Board of Directors.

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Aecon reaches Financial Close on $91.5 million Lakeridge Health Corporation redevelopment project

Feb 11, 2009
Aecon Group Inc. announced today that its Buildings and Concessions Divisions have reached Commercial and Financial Close on the redevelopment of the Lakeridge Health Oshawa hospital project.

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Aecon to acquire Lockerbie & Hole

Feb 2, 2009
Aecon Group Inc. and Lockerbie & Hole Inc. today announced that they have entered into an agreement which contemplates that Aecon will acquire, by plan of arrangement, all of the issued and outstanding common shares of Lockerbie for total consideration, on a fully diluted basis, of approximately $220 million.

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IST awarded two contracts totaling $20 million with Nova Scotia Power Incorporated and Peninsular Cogeneration.

Jan 20, 2009
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded two contracts valued at over $20 million to supply its Once-Through Steam Generator units to Nova Scotia Power Incorporated and Holmen Paper’s Peninsular Cogeneration in Spain.

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Aecon Completes South Rock Ltd. Acquisition

Jan 15, 2009
Aecon Group Inc. today announced that it has completed the previously disclosed acquisition of South Rock Ltd., an established infrastructure construction business in Alberta focusing primarily on the Southern Alberta roadbuilding market.

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Aecon awarded contract for conversion of Nova Scotia Power facility

Jan 12, 2009
Aecon Group Inc. announced today that its Atlantic Buildings Division has been awarded the Construction Management contract for the adaptive reuse of an existing power generating plant into corporate offices for Nova Scotia Power Corporation.

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Aecon named one of Canada’s 10 Best Employers

Jan 5, 2009
Aecon Group Inc. announced today that it has been named one of the 10 Best Employers in Canada for 2009 in an annual study managed by Hewitt Associates, and published in the Globe and Mail’s Report on Business Magazine.

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Aecon acquires Alberta’s South Rock Ltd.

Dec 18, 2008
Aecon Group Inc. today announced that it has signed a share purchase agreement with South Rock Ltd., an established infrastructure construction business in Alberta focusing primarily on the Southern Alberta roadbuilding market.

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Aecon awarded mine contract

Nov 3, 2008
Aecon Group Inc. today announced that its wholly-owned subsidiary, Leo Alarie and Sons Construction Ltd. has formed a joint venture with the Wahgoshig First Nation.

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Aecon reports best quarter in its history

Oct 28, 2008
Aecon Group Inc. today reported record third quarter results as revenues, margins and net income all increased over those reported a year earlier.

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Aecon awarded four-year utility distribution construction contract from Enbridge Gas Distribution Inc.

Oct 23, 2008
Aecon Group Inc. today announced that its Infrastructure Division has entered into a four-year alliance contract from Enbridge Gas Distribution Inc. (“Enbridge”) that could total approximately $180 million over the term of the agreement.

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Aecon Recognized as one of the Top Employers in Canada

Oct 6, 2008
Aecon Group Inc. announced today that it has been named one of the Top 100 Employers in Canada for 2009. The annual Top 100 Employers list is organized by Mediacorp Canada Inc., and published in Maclean’s magazine.

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IST awarded two contracts totaling $8 million

Oct 1, 2008
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded two contracts totaling $8 million to supply its Once-Through Steam Generator (OTSG) units to clients in Turkey.

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Aecon awarded $19 million MTO contract to reconstruct Highway 11 near Huntsville

Sep 24, 2008
Aecon Group Inc. announced today that it has been awarded a $19.1 million contract by the Ontario Ministry of Transportation (MTO) to reconstruct a 5 km stretch of Highway 11 near Huntsville, Ontario.