ADF Group Inc T.DRX

Alternate Symbol(s): ADFJF

Steel Steel

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.

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ADF Group Inc

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Post by microcaphobbyon Sep 12, 2024 11:17pm

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Post# 36221628

update on Construction in the US published today

Dive Brief:

The Dodge Momentum Index, a benchmark that measures nonresidential construction planning, increased 2.9% in August due to broad-based growth in both commercial and institutional sectors, according to Dodge Construction Network.
Commercial planning, such as office, industrial and hotel projects, jumped 1.9% in August, while institutional planning, which includes education, life sciences and healthcare projects, surged 5.7% over the month.
“With the Fed’s September rate cut all but finalized, the influence of selective lending standards and inflation should moderate next year, alongside a modest upgrade to consumer demand,” said Sarah Martin, associate director of forecasting at Dodge Construction Network. “As a result, stronger planning activity was widespread in Augus