KNRLF - Kontrol Technologies receives $9.7M in HVAC and Automation project
Kontrol Technologies (OTCQB:KNRLF), through its wholly owned subsidiary Global HVAC and Automation, nabbed a $9.7M HVAC and Automation project, for a new high rise building in the Greater Toronto Area. A binding LOI has been signed and a contract is in process of being drafted, with completion of that contract expected to take place in 2Q22. The project is expected to commence in 3Q22, with estimated completion in Q4 of 2023. The customer for the project is a leading Canadian developer in the multi-family high rise sector with a significant number of projects in various stages of development.
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Kontrol Technologies receives $9.7M in HVAC and Automation project