• Most Popular
  • Most Shared

UPDATE 1-Canada's Aecon gets C$125 mln refinery contract

Fri Nov 6, 2009 7:21am EST

Stocks

   

Nov 6 (Reuters) - Canada's biggest publicly traded construction company Aecon Group Inc (ARE.TO) said one of its units received two contracts worth C$125 million ($117.5 million) from Consumers' Co-operative Refineries Ltd to modify existing process units at their Regina refinery.

Stocks  |  Industrials

Aecon Field Services, a division of Aecon Lockerbie Industrial, will undertake the project, which includes mechanical work, fabrication and installation of pipe and other equipment at the refinery.

Work is scheduled to begin in the fourth quarter of 2009 and is expected to be completed in the summer of 2011, Aecon said.

Shares of the Toronto-based company closed at C$12.09 Thursday on the Toronto Stock Exchange.

($1=1.064 Canadian Dollar) (Reporting by Koustav Samanta in Bangalore; Editing by Anil D'Silva)

Stocks
Industrials


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets