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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

Comment by lifeisgood1010on May 28, 2024 11:20am
109 Views
Post# 36060362

RE:RE:put in bid of 2k at 17

RE:RE:put in bid of 2k at 17
Hi Daudau11,

No today's announcement is for an addition to phase 2(See below).

If they are getting additional work on phase 2, it's because Lilly is satisfied with DRX
works.

It will take many months before any annoucement on phase 3.On phase 1 it took 12
months before DRX press release VS the initial Lilly annoucement and 8 months lag on phase 2.

Like i wrote previously, if they won pahse 1, phase 2 and now the additional work on phase 2
there is a strong case to be made for DRX to win phase 3.

We will have to wait a few months to find out on this new Lilly contract
but before that, DRX will win other contracts.




 As part of this same contract, management announced today that ADF Group has once again been entrusted by its client with additional work relating to the second phase of the project
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