DCN ARCHIVES

September 21, 2006

Aecon joint venture wins $69M tunnel contract

TORONTO

Aecon Group Inc. announced that a joint venture in which it is a partner has been awarded a $69.2 million contract to construct a trunk sewer tunnel by the Regional Municipality of York.

The project involves construction and commissioning of 4.3 km of trunk sewer tunnel along 19th Avenue starting at Yonge Street. The primary section of tunnel is 4.1 km in length with a minimum diameter of 21 metres.

Construction of the sewer will involve Earth Pressure Balance (EPB) tunnelling technology, which is designed to limit dewatering during construction. Construction will begin immediately and is scheduled to be finished in January of 2008.

The joint venture is 70 per cent owned by McNally International Inc. of Hamilton and 30 per cent by Aecon.

“This contract continues Aecon’s successful partnership with McNally International in serving York Region’s tunnel construction needs,” said Don Brophy, Vice President of Aecon Constructors. “We are pleased to bring our expertise in tunnel construction to this project.”

The project will bring our work with McNally International to nearly 30 km of tunnel construction since Aecon and McNally began building tunnels for the Region in 2001, including the Bathurst Langstaff, 16th Avenue, and 9th Line tunnel projects.

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