LATEST NEWS
January 18, 2012
Aecon plant in Cambridge, Ontario gets nuclear accreditation from American Society of Mechanical Engineers
CAMBRIDGE, Ont.
Aecon Group Inc.’s (TSX:ARE) fabrication facility in Cambridge, Ontario has been awarded nuclear accreditation.
Known as the N-Stamp, from the American Society of Mechanical Engineers (ASME), the accreditation confirms Aecon’s capability to produce nuclear-grade components in accordance with the applicable codes and standards. The N-Stamp is an internationally recognized U.S. industry standard in quality assurance for the construction, inspection and maintenance of nuclear facilities.
“Obtaining the ASME N-Stamp certification is an important strategic milestone for Aecon, demonstrating the high standards of quality that our facilities adhere to. It opens new markets for us, which could further accelerate the significant business volume growth in the nuclear power sector Aecon has experienced in recent years,” said Paul Koenderman, Executive Vice-President of Aecon. “This achievement positions us well in the clean energy industry, of which nuclear power is a key component.”
■ Aecon inks $80 million mining construction contract near Saskatoon
■ Construction associations concerned over Canadian Nuclear Safety Commission densometer proposal
■ Aecon reports revenue increase, drop in second quarter profits
Aecon’s 120,000-square-foot facility in Cambridge performs a broad range of fabrication work including piping, custom steel, and module fabrication. The facility includes a fully automatic welding machine, numerous semi-automatic machines, as well as an on-site post weld heat treatment furnace. Approximately 250 people are employed at the facility.
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