Aecon awarded $130 million contract to build new Quantum Nanotechnology Centre at University of Waterloo



    TORONTO, June 9 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that
its Buildings Division has been awarded a lump sum contract totaling
approximately $130 million by the University of Waterloo to construct the Mike
and Ophelia Lazaridis Quantum-Nano Centre on the University's main campus in
Waterloo, Ontario.
    The 280,000 square foot complex, designed by KPMB Architects of Toronto,
will be visually and architecturally unique, as much of the building's support
structure will be visible on the outside of the building. It has been
described by the University as "the most complex scientific building ever
constructed for the university".
    The Centre will be a combination of concrete and steel structure with
masonry, metal panel and curtain wall cladding systems. When complete, it will
house two atria, a number of wet and dry research labs, teaching spaces and
offices as well as a specialized low vibration metrology suite and a 10,000
square foot cleanroom facility. The new building will be connected to existing
buildings and campus infrastructure by means of above ground bridge links and
a below grade service tunnel.
    A groundbreaking ceremony was held on Monday, June 9, 2008 at the
University of Waterloo, and construction is scheduled to be completed in late
2010.
    "This important project award demonstrates once again Aecon's ability to
undertake large and highly engineered projects in the University sector," said
Robert McDonald President, Aecon Buildings. "Aecon is proud to have built the
Centre for Environmental and Information Technology at the University of
Waterloo, and we are pleased to renew our working relationship with the
University."

    Aecon Group Inc. is Canada's largest publicly traded construction and
infrastructure development company. Aecon and its subsidiaries provide
services to private and public sector clients throughout Canada and
internationally. Aecon is pleased to be recognized as one of the 50 Best
Employers in Canada as published by Report on Business Magazine.

    The information in this news release includes certain forward-looking
statements. These statements are based upon assumptions that are subject to
significant risks and uncertainties which are discussed in greater detail in
the section entitled "Risk Factors and Uncertainties" in Management's
Discussion and Analysis of operating results and Financial Condition for the
year ended December 31, 2007 filed on SEDAR at www.sedar.com. Although Aecon
believes that the expectations reflected in forward-looking statements are
reasonable, it can give no assurance that the expectations of any
forward-looking statements will prove to be correct.

    %SEDAR: 00004778EF




For further information:

For further information: Mitch Patten, Vice President, Corporate
Affairs, Aecon Group Inc., (416) 297-2615, aecon@aecon.com, www.aecon.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890