ADF GROUP INC. ANNOUNCES NEW ORDERS OF $23 MILLION AT THE WORLD TRADE CENTER,IN NEW YORK
TERREBONNE, QC, March 9 /CNW Telbec/ – ADF GROUP INC. (“ADF” or the “Corporation”) (TSX: DRX) announces that the Corporation was awarded additional work in the scope of the contracts it is currently carrying out at the World Trade Center in New York, U.S.A. The total value of the combined orders is estimated at US$23 million.
These new mandates include the design and engineering of connections, fabrication and delivery to site of additional heavy steel built-up components, for the different projects being carried out by ADF in New York.
Jean Paschini, Chairman of the Board and Chief Executive Officer, adds “These new orders are another indication of our clients’ confidence in ADF’s expertise in the fabrication of highly engineered steel structures and components, and acknowledges the long-standing relationship we have developped with them”.
Results for the Fiscal Year Ended January 31, 2011
The Corporation will publish the results for the fiscal year ended January 31, 2011 in the week ending April 15, 2011.
About ADF Group Inc.
ADF Group Inc. is a North American leader in the design, engineering, fabrication and selective installation in the non-residential construction industry of complex steel structures, heavy built-ups, as well as in miscellaneous and architectural metals. ADF is one of the few players in the industry capable of handling highly technically complex mega projects on fast-track schedules in the commercial, institutional, industrial and public sectors.
This press release contains forward-looking statements reflecting ADF objectives and expectations. These statements are identified by the use of verbs such as “expect” as well as by the use of future or conditional tenses. By their very nature these types of statements involve risks and uncertainty. Consequently, reality may differ from ADF’s expectations.
All amounts are in U.S. dollars.
|Source:||ADF Group Inc.|
|Contact:||Jean-François Boursier, CA, Chief Financial Officer|
|(450) 965-1911 / 1 (800) 263-7560
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