TERREBONNE, QC, Jan. 22 /CNW Telbec/ - ADF GROUP INC. ("ADF" or the
"Company") (TSX: DRX) announced today the award of two new contracts in the
industrial sector in the United States. These new contracts worth a total of
17.4 million dollars bring the Company's backlog to 176.1 million dollars on
January 22, 2008.
The Company was awarded another contract for supply of materials, the
design and engineering of connections, the fabrication and delivery to the
site of structural steel components for other additional industrial buildings
for Holcim's new cement plant in the State of Missouri. The other contract
consists in the fabrication of various steel structures for the Duck Creek
power plant located in Canton, Illinois.
Mr. Jean Paschini, chairman of the board and chief executive officer,
adds "we are pleased to have been awarded this additional contract for
Holcim's new cement plant. It attests once again to the client's confidence in
ADF Group's capabilities in carrying out fast-track projects of that scale".
ADF Group Inc. is a North American leader in the design, engineering,
fabrication and selective installation in the non-residential construction
industry of complex steel superstructures, as well as in architectural metal
work. ADF is one of the few players in the industry capable of handling highly
technically complex mega projects on fast-track schedules in the commercial,
institutional, industrial and public sectors.
This press release contains forward-looking statements reflecting ADF
objectives and expectations. These statements are identified by the use of
verbs such as "expect" as well as by the use of future or conditional tenses.
By their very nature these types of statements involve risks and uncertainty.
Consequently, reality may differ from ADF's expectations.
All amounts are expressed in Canadian dollars.
For further information:
For further information: Jean Paschini, Chairman of the Board and Chief
Executive Officer; Louis Potvin, Chief Financial Officer, (450) 965-1911,
1-800-263-7560; www.adfgroup.com; Source: ADF Group Inc.