MISSISSAUGA, Ontario, Nov. 01, 2023 (GLOBE NEWSWIRE) — Bird Construction Inc. (TSX: BDT) introduced at present that as a part of a 50/50 common partnership (“GP”), it has entered into an settlement for early works at a brand new LNG venture in Western Canada. The three restricted notice-to-proceed contracts within the settlement facilitate the mobilization of the venture staff to start early works. Bird’s portion of the contracts exceeds $150 million.
“I’m happy that Bird, in collaboration with our GP associate, has been chosen to offer the early works for this vital new venture. This settlement attests to Bird’s sturdy status as a full venture life-cycle contractor, emphasizing our staff’s status for the secure supply of our rising self-perform capabilities. Together in our GP, we’re dedicated to building sturdy relationships with our shopper and different stakeholders, positioning our staff as a long-term associate on this main industrial website,” mentioned Teri McKibbon, President and CEO of Bird. “The Company continues to see a growing, diverse backlog of projects, highlighting our commitment to our strategic priorities and upholding our positive growth and performance expectations into 2024.”
This press launch incorporates 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 development firm working from coast-to-coast and servicing all of Canada’s main markets. Bird gives a complete vary of development providers from new development for industrial, infrastructure and institutional markets to industrial upkeep, restore and operations providers, heavy civil development, and mine help 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 degree of service that gives long-term worth for all stakeholders. www.fowl.ca