OTCPK:CUUHF - Post by User
Comment by
theorlandoon Feb 08, 2018 10:06am
165 Views
Post# 27525915
RE:Stuart Olson wins about $120M in new Ontario contracts
RE:Stuart Olson wins about $120M in new Ontario contracts 2018-02-08 08:44 ET - News Release
Mr. Daryl Sands reports
STUART OLSON AWARDED $120 MILLION IN NEW ONTARIO CONTRACTS
Stuart Olson Inc. has been awarded approximately $120-million in new contracts in Ontario.
Stuart Olson's Buildings Group has secured two construction management contracts in Southern Ontario. The first project is to construct a thirty-storey student residence for a large post-secondary institution. The second project is to construct an eight-storey seniors retirement residence.
"These new Ontario contract awards are important wins for our Buildings Group," said David LeMay, Stuart Olson's President and CEO. "The post-secondary project signals momentum in the approval of planned provincial infrastructure spending, and we are pleased to add another significant post-secondary institution contract to our backlog. The award of the retirement residence project is a reflection of our growing reputation in this field as evidenced by our work with a variety of clients. Our ongoing strategy of growth in this province is focused on pursuing properly sized projects through our collaborative construction management approach".