Churchill (CUQ), PE of 3! Message Board

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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: Far Side who wrote (233)	3/30/2000 12:46:00 PM
From: speculatingvalue	of 264

Churchill Awarded $60 Million of Construction Work EDMONTON, March 30 /CNW/ - The Churchill Corporation is pleased to announce that its subsidiary Stuart Olson Construction has recently been awarded several new construction contracts with an aggregate value of $60 million. Stuart Olson has been awarded the following noteworthy projects: - $13 million construction management contract for Edmonton 2001 to renovate and expand Commonwealth Stadium and to rebuild and renovate the adjoining Clarke Stadium in preparation for the World Track and Field Championships in 2001. Work will start immediately with completion in the spring of 2001. - $6 million parkade and pedway for Grant MacEwan College in Edmonton. - $3 million construction management contract to renovate and expand a Zellers store in Langley, British Columbia. This is the fourteenth renovation or new store project that Stuart Olson has completed for Zellers over the years. - $23 million in contracts to build an office building and an underground parkade in a high technology office park in Burnaby, British Columbia. - $15 million Canada Asian Centre mixed-use retail, leisure and religious facility in Surrey, British Columbia. ``We are delighted to help the Edmonton 2001 Committee prepare for the World Track and Field Championships next year,' commented Hank Reid, Churchill President and CEO. ``The high level of additional work awarded to Stuart Olson thus far in 2000 will enable us to maintain our positive momentum into 2001.' The Churchill Corporation is a western Canadian commercial and industrial construction corporation with annual revenue in excess of $225 million. Churchill shares are listed on The Toronto Stock Exchange under the trading symbol ``CUQ'.

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