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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company engaged in the design and engineering of connections, fabrication, including industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential construction industry. The Company’s products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States.


TSX:DRX - Post by User

Post by lifeisgood1010on Jun 22, 2023 10:06am
136 Views
Post# 35508950

Huge new contracts

Huge new contractsWith the last $142m addition DRX will have a order book above $500m.

Now, they will eventually announced the phase 2 of the Eli Lilly expansion.

Here are just a few other major potential additions that could come in the next 12 to 36 months.

The new arena to be built for the calgary flames, the new arena to be built in Ottawa for the 
Sens., the new baseball field to be build when the Oakland franchise gets moved to Vegas.

There will be many opportunity for DRX to bid on major contracts.

The unique automated line is a game changer.

I think they are building there working capital befor announcing a new smaller line for
their Montana facility.M.Paschini said that an announcement could come in Q3.

will they get help (subsidy from the Montana?Maybe but probably not in the same maners
as they got for their interest free loan from the Quebec gov.

Let not forget that DRX as a big tax loss advantage in Montana.They will not be paying
tax for the next few years in the US
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