Structal Lands $100 M Contract for the Structure of the New York Giants' and Jets' Stadium



    BOUCHERVILLE, QC, March 7 /CNW Telbec/ - Structal-Heavy Steel
Construction ("Structal"), a business unit of Canam Group Inc. (TSX: CAM),
located in Point of Rocks, MD, has landed a contract to fabricate the steel
structure that will be used to build the new football stadium owned jointly by
the New York Giants and New York Jets. The contract awarded to Structal by
Skanska Koch is valued at just over CAN$100 million, while the cost of
building the stadium is estimated at nearly US$1.4 billion (CAN$1.7 billion).
Skanska USA Civil has a prime design-build contract valued at US$998 million
(CAN$1.2 billion).
    This is the first time in football history that two professional teams
have formed a partnership to build a new stadium. The 82,000-seat stadium is
expected to open in 2010. It will be built between the Giants' current stadium
and the recreational Meadowlands Xanadu complex in East Rutherford, NJ. This
complex, which is currently under construction, is another Structal project.
    "Over the years, we've participated in the construction of 14 stadiums or
sports facilities for professional teams," says Structal president Luc
Pelland. "Our reputation in the construction of complex projects and our
commitment to customer satisfaction are Structal's major trademarks."
    "The fact that we were awarded this contract is largely due to our
tremendous production capacity and the expertise of our team," adds Charlie
Watson, president of Structal's U.S. division.
    Fabrication of the structural steel components will begin in the summer
of 2007 at Canam Group's St. Gédéon, QC and Point of Rocks, MD plants and will
be completed around the end of 2008.
    Skanska Koch, a division of Skanska, is a world-class company recognized
for its complete range of services in the construction industry. Skanska
Koch's main office is located in Carteret, New Jersey.
    Structal-Heavy Steel Construction is specialized in major and complex
construction projects, complete with engineering support and design-build
services as well as project management.
    In recent years, Structal and Canam Group have been associated with many
other complex and prestigious construction projects in North America, most
recently two baseball stadiums in New York City. Other eminent Structal
projects include the Patriots' Stadium in New England; the Eagles' Stadium in
Philadelphia; the Newseum in Washington, DC; the Boston Convention &
Exhibition Center; the Niagara Falls Casino; the Lester B. Pearson
International Airport in Toronto; the Montréal-Trudeau International Airport;
as well as a number of aluminum smelters for Alcan and Péchiney.

    Canam Group Inc. is an industrial company operating 11 plants specialized
in the fabrication and design of construction products and solutions. The
company employs close to 3,000 people in Canada, the United States, Romania
and India, and has partnerships with companies in Mexico, France, Saudi
Arabia, the United Arab Emirates and Russia.




For further information:

For further information: Linda Norris, Communications Manager, (301)
874-5141 (Point of Rocks), linda.norris@canamgroup.ws; www.canam.ws; Source:
Jasmin Gosselin, Vice President, Communications, (450) 641-4000
(Boucherville), jasmin.gosselin@canamgroup.ws; www.canamgroup.ws;
www.structalstructure.ws


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