Company news – Morrison Hershfield, BBA, Genivar, Stantec, Delcan
Prime Minister Stephen Harper recently visited a project to reconstruct and widen Highway 8 in Kitchener and C...
Prime Minister Stephen Harper recently visited a project to reconstruct and widen Highway 8 in Kitchener and Cambridge in southern Ontario. Morrison Hershfield is doing the detailed design and contract administration for the project, which involves widening the highway from four lanes to eight, building a new four lane bridge over the Grand River, and rehabilitating the existing bridge and other overpasses. Due to be completed by 2012, the project is estimated to cost $70 million.
BBA, a consulting engineering firm of 400 employees that is based in Mont Saint-Hilaire, Quebec has opened a new office in downtown Vancouver. The company is already active in western Canada in the energy sector and wants to extend its presence across Canada.
Genivar Income Fund announced $100 million in equity financing on September 25. It issued 3,809,500 trust units to a syndicate of underwriters led by BMO Nesbitt Burns and CIBC World Markets. The units were offered at $26.25 per units producing approximately $100 million, closing October 16. The units will be used by Genivar for debt repayment and general purposes.
Stantec has appointed Paul Cellucci as a director of the companies. Mr. Cellucci is a former Governor of Massacchussetts and was U.S. Ambassador to Canada between 2001-2005.
NORR/AECOM is one of the partners in the Integrated Team Solutions consortium shortlisted by the Ontario government to submit proposals for a new courthouse in Thunder Bay, Ontario. Stantec Architecture is on another shortlisted team, one known as Forum Social Infrastructure. Three consortia are shortlisted to do design, build, finance and maintain the facility which will be located downtown. The winning team will be announced in late summer 2010.