MISSISSAUGA, Ontario, Dec. 19, 2023 (GLOBE NEWSWIRE) — Bird Construction Inc. (TSX: BDT) introduced at present that it has signed 5 new contracts. The mixed worth of the 5 contracts is over $530 million.
The awarded contracts embrace a big manufacturing facility, the Kakabeka Falls Generating Station Life Extension Project, two contracts for giant vitality purchasers, and a 13-storey modular tower for BC Housing’s Permanent Supportive Housing Initiative.
Bird’s wholly owned subsidiary, Stuart Olson Industrial Constructors, has been contracted for the Kakabeka Falls Generating Station Life Extension Project by Ontario Power Generation (“OPG”) in a 50/50 three way partnership. This mission goals to boost the longevity and effectivity of the Kakabeka Falls Generating Station, located on the Kaministiquia River close to Thunder Bay. The station, comprising 4 hydroelectric producing models, will endure upgrades to extend energy output and lengthen its operational life, making certain sustainable and dependable electrical energy technology for one more 90 years. Bird’s position encompasses the design and set up of two new hydro technology models to exchange the 4 present mills, the development of a brand new surge building and penstocks, and the rehabilitation of the present powerhouse. Bird will execute the initiatives with a concentrate on collaboration, using Lean building strategies and leveraging our self-perform experience in concrete, earthworks, and course of mechanical and electrical providers.
Bird was awarded a brand new mission and a separate important change order inside an present mission with two long-term purchasers within the Wood Buffalo area of Alberta. The work is for website infrastructure and different mission providers, together with concrete foundations, instrumentation and controls, in addition to telecommunications, fibre optic, mechanical, and excessive and low voltage electrical providers.
Bird was additionally awarded an extra building administration contract for a 13-storey modular tower for BC Housing’s Permanent Supportive Housing Initiative, positioned on West eighth Avenue in Vancouver, BC. Awarded Canada’s tallest modular build earlier this 12 months, that is Bird’s second multi-storey modular building mission design that might be delivered by its Stack Modular business. The 13-storey modular mission is a part of the everlasting supportive housing initiative between BC Housing, the City of Vancouver, and the Canada Mortgage and Housing Corporation (“CMHC”) to ship a minimal of 300 everlasting supportive houses on 5 city-owned websites to satisfy the rising want for supportive housing in the neighborhood. The volumetric modular building design resolution permits for replicability and standardization throughout all residential flooring, cost-effectiveness, logistical ease, and in the end, a sooner turnaround for the everlasting supportive housing initiative program.
“These awards replicate the success we’re reaching within the diversification of our work program throughout Canada with our important self-perform capabilities, robust mission administration, and forward-leaning accelerated building options,” stated Teri McKibbon, President and CEO of Bird. “Our continued ability to deliver critical projects across a range of sectors has solidified our reputation as a trusted partner. We look forward to further strengthening relationships with our clients, partners, and community stakeholders through our innovative and collaborative approach.”
This press launch accommodates forward-looking data (as outlined in relevant Canadian securities laws) that entails recognized and unknown dangers, uncertainties and different elements which can trigger precise outcomes, efficiency, or achievements to materially differ from these expressed or implied by the forward-looking data.
The Toronto Stock Exchange doesn’t settle for duty for the adequacy or accuracy of this launch.
For additional data, contact:
T.L. McKibbon, President & CEO or
W.R. Gingrich, CFO
Bird Construction Inc.
5700 Explorer Drive, Suite 400
Mississauga, ON L4W 0C6
Phone: (905) 602-4122
About Bird Construction
Bird (TSX: BDT) is a number one Canadian building firm working from coast-to-coast and servicing all of Canada’s main markets. Bird offers a complete vary of building providers from new building for industrial, infrastructure and institutional markets, to industrial upkeep, restore and operations providers, heavy civil building, and mine assist providers, in addition to vertical infrastructure, together with electrical, mechanical, and specialty trades. For over 100 years, Bird has been a people-focused firm with an unwavering dedication to security and a excessive stage of service that gives long-term worth for all stakeholders. www.hen.ca
