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News Release

Tony Franceschini joins Aecon’s Board of Directors

Mar 3, 2009
Aecon Group Inc. today announced the appointment of Tony Franceschini, President and CEO of Stantec Inc., to Aecon’s Board of Directors.

News Release

Aecon reaches Financial Close on $91.5 million Lakeridge Health Corporation redevelopment project

Feb 11, 2009
Aecon Group Inc. announced today that its Buildings and Concessions Divisions have reached Commercial and Financial Close on the redevelopment of the Lakeridge Health Oshawa hospital project.

News Release

Aecon to acquire Lockerbie & Hole

Feb 2, 2009
Aecon Group Inc. and Lockerbie & Hole Inc. today announced that they have entered into an agreement which contemplates that Aecon will acquire, by plan of arrangement, all of the issued and outstanding common shares of Lockerbie for total consideration, on a fully diluted basis, of approximately $220 million.

News Release

IST awarded two contracts totaling $20 million with Nova Scotia Power Incorporated and Peninsular Cogeneration.

Jan 20, 2009
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded two contracts valued at over $20 million to supply its Once-Through Steam Generator units to Nova Scotia Power Incorporated and Holmen Paper’s Peninsular Cogeneration in Spain.

News Release

Aecon Completes South Rock Ltd. Acquisition

Jan 15, 2009
Aecon Group Inc. today announced that it has completed the previously disclosed acquisition of South Rock Ltd., an established infrastructure construction business in Alberta focusing primarily on the Southern Alberta roadbuilding market.

News Release

Aecon awarded contract for conversion of Nova Scotia Power facility

Jan 12, 2009
Aecon Group Inc. announced today that its Atlantic Buildings Division has been awarded the Construction Management contract for the adaptive reuse of an existing power generating plant into corporate offices for Nova Scotia Power Corporation.

News Release

Aecon named one of Canada’s 10 Best Employers

Jan 5, 2009
Aecon Group Inc. announced today that it has been named one of the 10 Best Employers in Canada for 2009 in an annual study managed by Hewitt Associates, and published in the Globe and Mail’s Report on Business Magazine.

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Aecon acquires Alberta’s South Rock Ltd.

Dec 18, 2008
Aecon Group Inc. today announced that it has signed a share purchase agreement with South Rock Ltd., an established infrastructure construction business in Alberta focusing primarily on the Southern Alberta roadbuilding market.

News Release

Aecon awarded mine contract

Nov 3, 2008
Aecon Group Inc. today announced that its wholly-owned subsidiary, Leo Alarie and Sons Construction Ltd. has formed a joint venture with the Wahgoshig First Nation.

News Release

Aecon reports best quarter in its history

Oct 28, 2008
Aecon Group Inc. today reported record third quarter results as revenues, margins and net income all increased over those reported a year earlier.

News Release

Aecon awarded four-year utility distribution construction contract from Enbridge Gas Distribution Inc.

Oct 23, 2008
Aecon Group Inc. today announced that its Infrastructure Division has entered into a four-year alliance contract from Enbridge Gas Distribution Inc. (“Enbridge”) that could total approximately $180 million over the term of the agreement.

News Release

Aecon Recognized as one of the Top Employers in Canada

Oct 6, 2008
Aecon Group Inc. announced today that it has been named one of the Top 100 Employers in Canada for 2009. The annual Top 100 Employers list is organized by Mediacorp Canada Inc., and published in Maclean’s magazine.

News Release

IST awarded two contracts totaling $8 million

Oct 1, 2008
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded two contracts totaling $8 million to supply its Once-Through Steam Generator (OTSG) units to clients in Turkey.

News Release

Aecon awarded $19 million MTO contract to reconstruct Highway 11 near Huntsville

Sep 24, 2008
Aecon Group Inc. announced today that it has been awarded a $19.1 million contract by the Ontario Ministry of Transportation (MTO) to reconstruct a 5 km stretch of Highway 11 near Huntsville, Ontario.

News Release

Aecon awarded contract for new $27 million Academic Building at Dalhousie University

Aug 28, 2008
Aecon Group Inc. announced today that its Atlantic Buildings Division has been awarded a Construction Management contract for the new $27 million Academic Building at Dalhousie University in Halifax.

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Aecon awarded $31 million contract for reconstruction of Smiths Falls District Hospital

Aug 26, 2008
Aecon Group Inc. announced today that its Buildings Division has been awarded a contract totaling approximately $31.5 million for the re-development of the Perth and Smiths Falls District Hospital in Smiths Falls, Ontar

News Release

Aecon reaches Financial Close on $112 million hospital expansion and renovation project

Aug 19, 2008
Aecon Group Inc. announced today that its Buildings Division has reached Financial Close on the expansion and renovation of the Toronto Rehabilitation Institute’s (Toronto Rehab) University Centre located on University Avenue in Toronto.

News Release

Aecon announces closing of new senior credit facility - - New facility increases credit availability and flexibility - -

Aug 14, 2008
Aecon Group Inc. announced today that it has signed new three-year $100 million senior credit facility that will increase Aecon’s total credit availability by approximately $35 million and improve its flexibility with respect to debt management.

News Release

IST awarded First Enhanced Oil Recovery contract in Alberta oilsands

Aug 13, 2008
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract to supply its Enhanced Oil Recovery (EOR) /Steam Assisted Gravity Drainage (SAGD) system to Serrano Energy in Alberta.

News Release

Aecon awarded $105 million contract for reconstruction and widening of Hwy 401 in southwestern Ontario

Aug 11, 2008
Aecon Group Inc. announced today that it has been awarded a $105 million contract by the Ontario Ministry of Transportation (MTO) to reconstruct and widen a 15 km stretch of Highway 401 near Woodstock, Ontario. It is the third largest contract MTO has ever awarded, and the largest MTO contract Aecon has received.

News Release

Aecon reports another record quarter

Aug 5, 2008
Aecon Group Inc. today reported record second quarter results as revenues, margins, and net income all increased over those reported a year earlier.

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Aecon reaches commercial close on hospital expansion and renovation project

Jul 28, 2008
Aecon Group Inc. announced today that its Buildings Division has reached commercial close on the previously announced renovation and expansion of the Toronto Rehabilitation Institute’s (Toronto Rehab) University Centre on University Avenue in Toronto.

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Aecon awarded $81 million highway contract in Alberta

Jul 17, 2008
Aecon Group Inc. announced today that it has been awarded a contract by Alberta Transportation to twin a 13-kilometre section of Highway 21 near Edmonton. The $81-million contract is the largest civil construction project Aecon has received since opening its civil construction office in 2006.

News Release

Aecon Industrial signs alliance agreement with Union Gas

Jul 17, 2008
Aecon Group Inc. announced today that its Industrial Division has entered into a multi-year alliance agreement with Union Gas Limited to perform all of Union Gas’ compressor station construction and upgrading work across Ontario.