MONTREAL, March 28, 2017 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC) is pleased to announce its wholly-owned subsidiary Candu
Energy Inc., has recently reached five-year collective agreements
with the Society of Professional Engineers & Associates (SPEA).
SPEA's two bargaining units represent engineers, scientists,
technicians and technologists.
These agreements, ratified by SPEA members on March 23, 2017 provide long-term stability for
Candu Energy's workforce.
"With an order book that includes life extension projects for
Ontario Power Generation, Bruce Power and Nucleoeléctrica Argentina
Sociedad Anónima (NA-SA), we are pleased to reach this mutually
agreeable contract," said Preston
Swafford, President & CEO, Candu Energy Inc. "It sets
the stage for us to continue to grow our share of the nuclear
market in Canada and
abroad."
China is looking closely at
CANDU technology for its ability to reuse spent fuel from other
reactor types, and NA-SA is considering building a new CANDU unit.
Discussions are also underway with utilities in Romania and the United Kingdom.
These agreements are some of the longest SPEA has ratified with
their employer
About Candu Energy Inc
Candu Energy is a wholly-owned subsidiary of SNC-Lavalin Inc.
(TSX: SNC). It is part of the Nuclear business unit, which oversees
new-build nuclear power plants, major refurbishments, and life
extensions, and offers specialized services in safety analysis,
environmental qualification, metrology/spatial analysis,
geotechnical investigations, decommissioning and waste management
services. SNC-Lavalin is the steward of CANDU nuclear
technology.
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is one of the leading
engineering and construction groups in the world and a major player
in the ownership of infrastructure. From offices in over 50
countries, SNC-Lavalin's employees are proud to build what matters.
Our teams provide engineering, procurement, construction,
completions and commissioning services together with a range of
sustaining capital services to clients in four industry sectors:
oil and gas, mining and metallurgy, infrastructure and power.
SNC-Lavalin can also combine these services with its financing and
operations and maintenance capabilities to provide complete
end-to-end project solutions. www.snclavalin.com
SOURCE SNC-Lavalin