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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Aecon Group Inc | TSX:ARE | Toronto | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 16.87 | 16.80 | 16.93 | 17.07 | 16.78 | 16.96 | 310,576 | 21:12:08 |
From May 2021 to May 2024
By Adriano Marchese
Aecon Group Inc. on Tuesday said it has been awarded an infrastructure contract by the Washington State Department of Transportation worth $126 million.
The Canadian construction company said the contract is for the design of a four-lane diverging diamond interchange, the widening of SR-18 to four lanes from the interchange to Deep Creek.
Additionally, the company would deliver the design and construction of a four-lane bridge over Deep Creek, as well as a two-lane bridge over Raging River.
Aecon expects to begin construction in the third quarter of this year and to complete it by the fourth quarter of 2024.
"Building on our strong presence in Western Canada, expanding our business in the Northwestern US is a natural progression and we are encouraged by the robust infrastructure opportunities in this market," President and Chief Executive Officer Jean-Louis Servranckx said.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
January 18, 2022 07:56 ET (12:56 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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