Stuart Olson announces two contracts worth $100M total
December 17, 2014 by STAFF REPORT
Stuart Olson’s Industrial Group has been awarded about $100 million in new contracts.
The projects include provision of complete mechanical, electrical and instrumentation services to a major mining company operating in the Northwest Territories.
The company also secured a large electrical contract with an established client for work at an oil sands site in Northern Alberta.
“These two awards further strengthen our backlog and represent significant wins for our Industrial Group,” said David LeMay, Stuart Olson’s president and CEO. “The mining contract will help to expand our mechanical initiatives, while the electrical contract expands our longstanding relationship with one of our large energy company customers.”
Work on both contracts is expected to begin in 2015 with completion dates extending into 2016. The contracts will be added to the company’s backlog in the fourth quarter of 2014.