13:05:31 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Bird Construction Inc
Symbol BDT
Shares Issued 53,774,639
Close 2023-07-11 C$ 8.33
Market Cap C$ 447,942,743
Recent Sedar Documents

Bird wins $180M of industrial, civil work contracts

2023-07-11 18:21 ET - News Release

Mr. T.L. McKibbon reports

BIRD AWARDED ENERGY & MINING SECTOR CONTRACTS WITH A COMBINED VALUE OF OVER $180M

Bird Construction Inc. has been awarded multiple contracts for industrial and civil work in the energy and mining sectors valued at approximately $180-million.

Bird has been awarded a contract by Sedgman Canada Ltd. for civil and concrete scopes to support processing infrastructure development at the Blackwater mine project in Central British Columbia. The work will be completed through Bird's well-developed self-perform capabilities. Through early contractor involvement over the past 12 months, Bird collaborated with Sedgman to support the commencement of the development works. Sedgman was contracted by BW Gold Ltd., a wholly owned subsidiary of Artemis Gold Inc., in 2022 to undertake the engineering, procurement and construction of the processing plant and associated infrastructure at the Blackwater mine project. The Blackwater mine project is one of the most significant capital investments in the Bulkley-Nechako, Fraser-Fort George and Cariboo regions of British Columbia in the last decade.

Bird's wholly owned subsidiary, Stuart Olson Industrial Constructors, was also awarded two contracts for rehabilitation work on hydroelectric-power-related structures in Northeastern Ontario. Leveraging the team's self-perform capabilities, the work to be completed includes civil scope such as the rehabilitation of concrete structures and access tunnels, and electrical scope including upgrades to electrical and lighting. The two facilities were originally constructed in the 1930s, and the work will ensure that the structures continue to operate with the highest integrity and ensure continued production of clean, reliable power to help meet the province of Ontario's growing electricity needs and climate change goals.

Additionally, at an existing project site in Northwestern British Columbia, Bird has been awarded a contract for final site earthworks, grading and asphalt paving. The work will be completed through Bird's significant self-perform capabilities and supported by Bird's strong familiarity with the site.

"These project awards are a testament to our extensive industrial and civil experience, and our unwavering commitment to operational excellence on major projects throughout Canada. I am pleased to see Bird's valuable contributions recognized through the recent awards and look forward to collaborating closely with our clients to consistently deliver exceptional results," said Teri McKibbon, president and chief executive officer of Bird. "Given Bird's significant experience, comprehensive full life-cycle offering for major projects and strong reputation, Bird remains very well positioned for opportunities in the national energy and mining sectors."

About Bird Construction Inc.

Bird is a leading Canadian construction company operating from coast to coast and servicing all of Canada's major markets. Bird provides a comprehensive range of construction services from new construction for industrial, commercial, institutional and civil infrastructure markets to industrial maintenance, repair and operations services, heavy civil construction, and mine support services, as well as vertical infrastructure, including electrical, mechanical and specialty trades. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.