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 Nov 25, 2024 2:04pm

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Post# 36329562

some more colour from today's construction Dive

With a trifecta of revenue, profit and backlog all increasing in the third quarter of 2024, Granite Construction said it expects public project spending to remain robust through 2030 and beyond.
The Watsonville, California, contractor reported $79 million in profit, a 37% jump from a year ago, on $1.3 billion in revenue, a 14% increase. Backlog improved to $5.62 billion, a nearly 1% gain.
The builder said with just 40% of Infrastructure Investment and Jobs Act funding slated to be spent by 2026, there are still years of opportunity ahead. “On the public side … we’re going to see a healthy market in ’27 and even beyond that, likely through 2030 and even beyond that,” said Kyle Larkin, Granite’s CEO, on a conference call with investment analysts Oct. 31. “We feel really good about the public market.”