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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 Jun 25, 2024 9:26am
205 Views
Post# 36104754

More work...

More work...Most of you know that AtkinsRealis(The old SNC) as given a lot of steel structure work to
Canam.Will Canam get the steel component work of this project(see below)?.Your guess is as good as mine.

My point is that the more work Canam gets, the less capacity they will have to compete with DRX.

I told you that i went to the AGM with 12 questions (on a one on one basis).

One of them was who are your biggest competitors.I surely thought that Canam would
be at the top of the list.They said that while Canam is a competitor, they do work with them
and get and give them work.

They told me that Canam was very strong in bridge, joist and steel deck(two products that DRX does not make.Recently, Canam won the Olympic stadium refection.That will keep them busy.

I also ask if they would consider another Zebau line addition.they said not at the moment
because with the right mix, they could bring the sales to 1 billion with the existing facility.
Having 2 very modern plants, capex needs will be very for the next ffew years witch will add 
to cash flow.

Their teck guy told me that he was looking at another piece of equipment that would
keep them ahead of the competition.He did not want to elaborate on the nature of that
new piece of equipment but said that they were in the evaluation phase of it and that 
they were going to visit the manufacturer of it next month.



MONTREALJune 25, 2024 /CNW/ - AtkinsRalis Group Inc. (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, announces today that the Company will be working for Design-Builder ECCO III Enterprises Inc, who was awarded a 44-month contract to design and build upgrades to the New York Metropolitan Transportation Authority's (MTA) Broadway Junction Complex to improve efficiency, enhance user experience and ensure it is optimized in accordance with the Americans with Disabilities Act (ADA). This is AtkinsRalis' first design-build project in New York (NY) City.

Design service include adding seven new elevators to the three subway stations, a first for the complex, replacement of three escalators, adding new ADA compliant staircases, walkways, improved lighting, wayfinding signage, a passenger transfer bridge between a subway station and bus station and a pedestrian bridge enabling transitions between two subway stations above surface street traffic. 


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