Churchill awarded $132 million of construction contracts
EDMONTON, June 27 /CNW/ - The Churchill Corporation today announced that
its subsidiaries Triton Projects and Stuart Olson Construction have recently
been awarded several new construction contracts with an aggregate value of
$132 million.
Triton Projects has been selected by BC Gas Utility Ltd. as the prime
contractor for the construction of the Fraser Valley and Kitchener natural gas
compressor stations in British Columbia. The Kitchener station is part of the
Southern Crossing Pipeline Project. The two projects have an aggregate value
in excess of $10 million. Construction has already commenced on both projects
with completion scheduled for November, 2000.
Stuart Olson has been awarded the following noteworthy projects:
- $80 million construction management contract to redevelop Alberta
Hospital Ponoka for the Alberta Mental Health Board and Alberta
Infrastructure. This three-year redevelopment project entails the
design and construction of a 245 bed rehabilitation, assessment and
treatment facility plus materials management and support facilities,
renovation of existing structures and site servicing and development in
Ponoka, Alberta.
- $17 million design-build contract to construct the Residences at St.
Andrews-Wesley high-rise condominium project in Vancouver's West End.
- $7 million construction management contract to build the University of
Lethbridge Life Sciences Building to accommodate laboratory facilities
and offices for a neuroscience research center in Lethbridge, Alberta.
- $3 million construction management contract to build a food processing
plant for The Original Cakerie in Delta, British Columbia.
- Stuart Olson's role in the renovation and expansion of the Coquitlam
Centre Mall for Morguard Investments has expanded from the $30 million
announced last summer to $45 million as a result of an additional
phase, including renovation of public areas and conversion of the
former Eaton's store space. This project is now under construction
with completion planned for the spring of 2001.
``With these recent projects, Churchill subsidiaries have now obtained in
excess of $200 million of work in 2000,'' said Hank Reid, Churchill President
and Chief Executive Officer. ``We are particularly pleased that Stuart Olson
was selected on the redevelopment of the hospital in Ponoka, which builds on
our extensive experience in the construction of healthcare facilities and
leadership in construction management of public sector projects.''
The Churchill Corporation provides commercial building, industrial
construction and related services throughout western Canada. Annual revenue
is in excess of $225 million. Churchill shares are listed on The Toronto Stock
Exchange under the trading symbol ``CUQ''. |
