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November 29, 2006

Canam buys bridge sector firms

BOUCHERVILLE, QC

Canam Group Inc. has acquired the majority assets of Goodco of Laval and Z-Tech of Boisbriand, manufacturers of structural bearings and expansion joints for bridge and highway infrastructure.

Canam Group will merge the two businesses to create Goodco Z-Tech, and 40 employees will relocate to Canam’s plant in Laval.

The new manufacturing operation will be managed by Structal-Bridges.

“Structural bearings and expansion joints are custom designed, metal-based products that can be used for steel or concrete highway bridges, overpasses and railway bridges,” said Robert Dutil, vice president and general manager of Structal-Bridges. “These acquisitions will strengthen our presence in existing bridge markets, increase customer confidence and make us a leading manufacturer in this field across Canada.”

Canam Group Inc. operates 11 plants specializing in the design and fabrication of construction products.

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