Canam-Bridges Confirms its Participation in the New Champlain Bridge Corridor Project

SAINT-GEORGES, QC, Aug. 24, 2015 /CNW Telbec/ - Canam-Bridges, a division of Canam Group Inc. (TSX: CAM), today announced that it has signed a $225M contract with Signature on the St. Laurence Construction G.P. to supply the steel superstructure for the approaches of the new Champlain Bridge. The contract also includes the fabrication of steel components for the new Île-des-Sœurs Bridge but excludes the cable-stayed section of the new Champlain Bridge. In monetary terms, this is the largest contract ever obtained by Canam Group.

This announcement follows the signature of a commitment letter last May. Fabrication will begin in autumn 2015 and deliveries will continue until spring 2018. Fabrication will be carried out primarily at Canam Group's Quebec City and Laval plants in Quebec and the Claremont plant in New Hampshire.

The new bridge will span the St. Lawrence River from Île-des-Sœurs to Brossard, immediately downstream from the existing Champlain Bridge. It features a three-corridor design, including two three-lane corridors for vehicular traffic and a two-lane public transport corridor capable of accommodating a light rail transit system. The new bridge will also include a multi-use path for pedestrians and cyclists.

About Canam Group Inc. and Canam-Bridges
Canam Group is the largest fabricator of steel components in North America. Specialized in designing construction solutions and fabricating customized products since 1961, Canam Group takes part in an average of 10,000 building, structural steel and bridge projects each year. The Corporation operates 22 plants across North America and employs over 3,920 people in Canada, the United States, Romania, India and Hong Kong.

Canam-Bridges is the business unit that oversees the design and sale of steel bridges, structural bearings and expansion joints in the highway and railway bridge sectors in Canada and numerous states in the U.S.

An architectural rendering of the project is available upon request.

SOURCE Canam Group Inc.

For further information: François Bégin, Vice President, Communications, Canam Group Inc., Email: [email protected], Telephone: [phone]; Manon Moisan, Senior Communications Advisor, Canam Group Inc., Email: [email protected], Telephone: [phone]