2023-05-30 07:48:56 ET
- ADF ( OTCPK:ADFJF ) has signed a series of new orders worth a total of C$142 million in the United States, including a major contract for the first phase of a construction project in the pharmaceutical industry in the Midwestern region.
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The major new contract consists in the design and engineering of connections, fabrication, including the supply of steel and industrial coating, as well as the installation of the steel structure of a new large industrial building.
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The project requires a high-volume production.
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Work will begin in the coming weeks at ADF's Terrebonne plant and will extend over a period of 12 months.
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Mr. Paschini, Chairman of the board and Chief Executive Officer, added that the Corporation has already begun negotiations with its client for the second phase of this construction project.
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The Corporation's order backlog reached C$376.5M as at January 31, 2023.
For further details see:
ADF bags series of new orders worth C$142 million in the United States