MISSISSAUGA, ON, Nov. 1, 2022
/CNW/ - Bird Construction Inc. (TSX: BDT) announced
today that it has signed two strategic delivery partnership
agreements with Canadian Nuclear Laboratories (CNL). Bird
Construction Inc. and the Bird-Chandos CDP Joint Venture have
formalized partnership agreements to provide construction
capabilities and capacity to support the delivery of CNL's
corporate strategy.
The majority of the work to be completed is
construction-oriented and includes work under CNL's existing
$1.2 billion 10-year capital program,
construction of at least six major facilities representing over
$2 billion, and a newly commenced
multi-billion-dollar work program which includes infrastructure
upgrades and ongoing environmental remediation and restoration
activities as part of the Port Hope Area Initiative.
As a strategic delivery partner, Bird will also support CNL in
achievement of broader organizational objectives including
sustainability, improved engagement with Indigenous Peoples, and
economic development through local employment opportunities and the
use of local suppliers.
"We are very pleased to be recognized by CNL as a key partner
and proud to support their position as a world leader in the
development of innovative nuclear science and technology products
and services," said Teri McKibbon,
President and CEO of Bird. "The collaborative nature of this
long-term partnership supports high-performance and efficient
project execution. It upholds Bird's strategy of diversification
and delivery of strong results for the long-term."
This press release contains forward-looking information (as
defined in applicable Canadian securities legislation) that
involves known and unknown risks, uncertainties and other factors
which may cause actual results, performance, or achievements to
materially differ from those expressed or implied by the
forward-looking information.
The Toronto Stock Exchange does not accept responsibility for
the adequacy or accuracy of this release.
For further information contact:
T.L. McKibbon, President & CEO or
W.R. Gingrich, CFO
Bird Construction Inc.
5700 Explorer Drive, Suite 400
Mississauga, ON L4W 0C6
Phone: (905) 602-4122
About Bird Construction
Bird (TSX: BDT) is a
leading Canadian construction company operating from coast-to-coast
and servicing all of Canada's
major markets. Bird provides a comprehensive range of construction
services from new construction for industrial, commercial,
institutional, and civil infrastructure markets; to industrial
maintenance, repair and operations services, heavy civil
construction, and mine support services; as well as vertical
infrastructure including, electrical, mechanical, and specialty
trades. For over 100 years, Bird has been a people-focused company
with an unwavering commitment to safety and a high level of service
that provides long-term value for all stakeholders. www.bird.ca
SOURCE Bird Construction Inc.