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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company. The Company is engaged 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. Its 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, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.


TSX:DRX - Post by User

Post by lifeisgood1010on May 14, 2024 9:04am
169 Views
Post# 36038375

Another huge contract

Another huge contractDid i say that there is huge infrastructure building announcement almost on a daily basis.
Today there will be anothe rone in Ontario.See below.

Looking foreward to June 11th to see the order book.

The Globe and Mail reports in its Tuesday, May 14, edition that Honda Motor's $15-billion investment in Ontario's electric-vehicle supply chain will extend into the Niagara region through a partnership with Japan's Asahi Kasei. The Globe's Laura Stone and Adam Rdwanski write that two unnamed sources say the two companies will build components at a new $1.6-billion plant in Port Colborne. Asahi Kasei will make the announcement on Tuesday, alongside government officials, including Prime Minister Justin Trudeau and Ontario Premier Doug Ford. An unnamed source says the company will be eligible for federal tax credits worth in the low hundreds of millions of dollars, which will be part of the approximately $2.5-billion in federal subsidies announced for Honda's EV-making plans in Ontario.
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