TERREBONNE, QC, Feb. 26,
2025 /CNW/ -
(All amounts are in Canadian dollars unless otherwise
noted.)
ADF GROUP INC. ("ADF" or the "Corporation") (TSX:
DRX), a North American leader in the fabrication of steel
superstructures announces the signing of a series of new contracts
in Quebec and the Western U.S.
totaling $120.0 million.
The largest contract in this series of new orders consists in
the fabrication and installation of the steel structures and heavy
steel components which are part of a major renovation program for a
sports complex in Western
U.S.A.
This series of new orders also includes various structural steel
contracts in the recreational sector, also in Western U.S.A., and in Quebec for a major client for which ADF has
completed various other contracts in recent months and years.
Both of ADF's fabrication plants in Terrebonne, Quebec and in Great Falls, Montana, will be involved in
carrying out these new contracts. The fabrication of the various
steel structures will begin in the coming months and is expected to
extend over a period of approximately 15 months.
The Corporation's order backlog stood at $ 330.3 million as at October 31, 2024, excluding the new orders
announced today.
About ADF Group Inc. | ADF Group Inc. is a North
American leader in the design and engineering of connections,
fabrication, including the application of industrial coatings, and
installation of complex steel structures, heavy steel built-ups, as
well as in miscellaneous and architectural metals for the
non-residential infrastructure sector. ADF Group Inc. 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. The Corporation
operates two fabrication plants and two paint shops, in
Canada and in the United States, and a Construction Division
in the United States, which
specializes in the installation of steel structures and other
related products.
Forward-Looking Information | This press release
contains forward-looking statements reflecting ADF's 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.
SOURCE ADF Group Inc.
