Company News Round-Up: Delcan, Stantec, AMEC, Cohos Evamy, AECOM
Delcan Corporation's Ottawa office has been chosen to provide construction services for the Strandherd-Armstro...
Delcan Corporation’s Ottawa office has been chosen to provide construction services for the Strandherd-Armstrong Bridge. The firm also completed the design of this new signature multi-arch structure over the Rideau River, which is a UNESCO World Heritage site. The project is scheduled to be completed in the spring of 2012.
Stantec announced “solid, consistent” financial results for the second quarter of 2010. The company’s gross revenue was $371.1 million. Net revenue was down 4.5% to $308.8 million for the same period. Bob Gomes, Stantec president and CEO, noted that the company is “on track with our expectations,” and said that increased activity in some markets had enabled them to increase staff levels to approximately 9,700. “We continue to see opportunities for both organic and acquisition growth in the second half of the year,” said Gomes. Among major new commissions Stantec won during the quarter were two P3 projects in Canada: a new Forensic Services and Coroner’s Complex in Toronto and the Stoney Trail Southeast Highway (Highway 22X portion) in Calgary. Stantec trades on the Toronto and New York stock exchanges.
AMEC’s mining and metals group has been awarded an engineering, procurement and construction management contract for a gold processing facility located in Matachewan, Ontario. When fully operational in 2012, the Young-Davidson Gold plant will process 6,000 tonnes per day producing an annual average of 180,000 ounces of gold. Northgate Minerals Corporation owns the mine located at the end of Highway 66 in remote northeastern Ontario. The mine is expected to have a life of 15 years.
Cohos Evamy is joining forces with Office for Urbanism in Toronto, an urban planning firm that has worked in cities across Canada, including Regina, Lethbridge, Moncton, Iqualuit and Halifax. The merger is intended to build on a merger earlier this year between Cohos Evamy and Hotson Bakker Boniface Haden of Vancouver.
SNC-Lavalin of Montreal has announced several new large contracts. One is to design and build the Southcentral Power Project for Chugach Electric Association in Anchorage, Alaska. The project involves a 183-MW natural gas-fired combined cycle thermal power plant.
SNC-Lavalin has also been awarded the contract to design, build and operate a district cooling system for the King Abdullah Financial District in Riyadh, Saudi Arabia. As part of the contract SNC-Lavalin Construction will be designing and constructing two district cooling plants, each with a capacity of 176 MW.
AECOM has acquired McNeil Technologies, a company that specializes in national security and intelligence services based in Springfield, Virginia. McNeil has 1,500 employees. AECOM has also acquired Davis Langdon, a global company specializing in project and construction management and costing. The company has 2,800 employees and works throughout the world.