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Aecon’s Lockerbie & Hole Mechanical Unit awarded $25 million contract to expand Fort McMurray water treatment plant

Dec 6, 2010
Aecon Group Inc. announced today that its Lockerbie & Hole Mechanical Unit has been awarded a $25 million contract from Bird Construction Company to complete upgrades on the existing water treatment plant in Fort McMurray, Alberta.

Aecon awarded $16 million MTO contract for Hwy 11 upgrade in Northeastern Ontario

Dec 2, 2010
Aecon Group Inc. announced today that its Infrastructure division has been awarded a $16.2 million contract by the Ontario Ministry of Transportation (MTO) to upgrade Highway 11, north of New Liskeard, Ontario.

Aecon sells its investment in Churchill Corporation

Nov 22, 2010
Aecon Group Inc. announced today that it has sold all of the common shares it acquired earlier this year in Churchill Corporation (“Churchill”), resulting in net proceeds, after costs, of $60.8 million and a pre-tax gain of approximately $2 million.

Aecon awarded $279 million contract to extend TTC subway

Nov 19, 2010
Aecon Group Inc. announced today that a group led by Aecon has been awarded a $279 million contract by the Toronto Transit Commission (TTC) to complete the first leg of the Toronto-York Spadina Subway Extension.

On Track - Aecon Fabco’s Marine Railway

Nov 10, 2010
Aecon Fabco marked the opening of its Pictou marine railway with a ribbon cutting ceremony.

Aecon awarded contract as part of Civil Construction Team for design build of the Waneta Dam power plant expansion

Nov 8, 2010
Aecon Group Inc. (“Aecon”) announced today that a joint venture of Aecon and SNC-Lavalin Constructors (Pacific) Inc. has been awarded a contract by SNC-Lavalin for the civil works design and construction portion of the Waneta Expansion Project.

Aecon reports third quarter results

Nov 2, 2010
Aecon Group Inc. today reported its financial results for the third quarter of 2010.

IST awarded four contracts totalling $40 million

Nov 1, 2010
Aecon Group Inc. announced today that its wholly-owned subsidiary Innovative Steam Technologies (IST), has been awarded four contracts totalling $40 million to supply its Once-Through Steam Generators (OTSG), its Enhanced Oil Recovery (EOR) technology, and silencing exhaust systems internationally.

Aecon named one of Canada’s Best Employers for fourth year

Oct 28, 2010
Aecon Group Inc. announced today that it has been named one of the Best Employers in Canada for 2011 in an annual study managed by Hewitt Associates, and published in Maclean’s magazine.

Aecon announces completion of previously disclosed public offering of convertible debentures

Oct 8, 2010
Aecon Group Inc. today announced that it has completed the previously announced issuance of convertible unsecured subordinated debentures on a bought deal basis to a syndicate...

Aecon restructures its Buildings Division

Sep 27, 2010
Aecon Group Inc. today announced the addition of two experienced construction executives to its Greater Toronto Area (GTA) Buildings business, the realignment of its management reporting structure and the adjustment of its market focus.

Aecon announces $80 million public offering of convertible debentures

Sep 20, 2010
Aecon Group Inc. today announced that it has entered into an agreement with a syndicate of underwriters co-led by GMP Securities L.P. and TD Securities Inc., and including Raymond James Ltd., CIBC World Markets Inc., Macquarie Capital Markets Canada Ltd., BMO Capital Markets, Canaccord Genuity Corp., National Bank Financial Inc., Paradigm Capital Inc., and Scotia Capital Inc. pursuant to which the underwriters will purchase $80 million principal amount of convertible unsecured subordinated debentures at a price of $1,000 per debenture.

Aecon awarded $33 million MTO contract to expand Highway 11

Sep 2, 2010
Aecon Group Inc. announced today that its Infrastructure division has been awarded a $32.9 million contract by the Ontario Ministry of Transportation (MTO) to expand Highway 11, near North Bay, Ontario.

Aecon announces closing of Cow Harbour asset purchase and launch of new Aecon Mining business

Aug 27, 2010
Aecon Group Inc. (“Aecon”) today announced that it has completed the previously disclosed asset purchase of Fort McMurray based Cow Harbour Construction Ltd. (“Cow Harbour”), and that it will be retaining virtually all of Cow Harbour’s 300 employees in a new division to be called Aecon Mining.

Aecon awarded $16 million contract for redevelopment of Peterborough Airport

Aug 24, 2010
Aecon Group Inc. announced today that its Construction and Materials Division has been awarded a $15.6 million design-build contract by the City of Peterborough for the redevelopment of the Peterborough Municipal Airport.

Aecon awarded two contracts in Alberta totalling $75 million

Aug 19, 2010
Aecon Group Inc. announced today that its Infrastructure Division has been awarded two contracts totalling $75.4 million; a contract by Parks Canada for $46.7 million for the twinning of the Trans Canada Highway in Banff National Park, and a contract from the City of Calgary for the extension of 96 Avenue Northeast in Calgary.

Aecon makes offer to acquire assets of Cow Harbour Construction Ltd.

Aug 9, 2010
Aecon Group Inc. (“Aecon”) today announced that it has entered into a Letter of Intent to acquire the assets of Cow Harbour Construction Ltd. (“Cow Harbour”), one of the top three oil sands mining, land reclamation and contracting services business, based in Fort McMurray, Alberta.

Aecon reports second quarter results

Aug 3, 2010
Aecon Group Inc. today reported its financial results for the second quarter of 2010.

Aecon to Sell Interest in Cross Israel Highway Concession for $77.8 million While Retaining Interest in Operating Company

Jul 15, 2010
Aecon Group Inc. announced today that it has signed an agreement with a consortium headed by Israel Infrastructure Management (the IIM consortium) to sell its 25% interest in the Cross Israel Highway concessionaire, Derech Eretz Highways (1997) Ltd (DEC) for $77,781,720, subject to certain adjustments on closing. The transaction is expected to close in the fourth quarter of 2010.

Aecon/Black & Veatch joint venture awarded $60 million contract for peaking plant

Jun 30, 2010
Aecon Group Inc. announced today a joint venture, in which its Industrial Division is a partner, has been awarded an approximately $60 million engineering, procurement, and construction contract by Northland Power for an 86 MW gas-fired peaking plant in Spy Hill Saskatchewan.

Aecon Purchases Subscription Receipts Offered by Churchill Corporation

Jun 15, 2010
Aecon Group Inc. announced today that it has purchased 3,056,000 subscription receipts offered by Churchill Corporation (Churchill) under the terms of that company’s recently filed short form prospectus dated June 8, 2010.

Kiewit / Aecon joint venture awarded $1.7 billion contract for Lower Mattagami Hydroelectric Complex

Jun 7, 2010
Aecon Group Inc. announced today that its Infrastructure Division has partnered with Peter Kiewit Sons Co. for a $1.7 billion design build contract awarded by Ontario Power Generation for the construction of the Lower Mattagami Hydroelectric Complex, about 70 km northeast of Kapuskasing

Aecon selected as CM for building Canada’s largest IKEA in Ottawa

May 21, 2010
Aecon Group Inc. announced today that its Buildings Division has secured a Construction Management contract to complete the construction of Canada’s largest IKEA, to be built in Ottawa.

Aecon awarded $19 million contract to widen 407 ETR

May 19, 2010
Aecon Group Inc. announced today that its Construction and Materials division has been awarded a $19 million contract to widen nine kilometres of the median of Highway 407 in Markham, Ontario from Highway 404 to Markham Road.