ADF Group wins $228 million in new contracts

ADF Group, a North American fabricator of steel superstructures, has signed new major contracts in the industrial, transportation, and public infrastructure sectors worth a total of $228 million.

All these new orders consist in the design and engineering of connections, the fabrication, which encompasses the supply of raw materials (steel) and industrial coating, and the delivery of the various steel structures and heavy steel components, as part of new construction projects in the United States and in the greater Montreal area.

The fabrication work of these new contracts, all characterized by a very high tonnage and tight schedules, is planned to begin in the coming weeks and should extend until the end of the 2023 calendar year. Both of ADF's fabrication plants and paint shops in Terrebonne, Quebec and in Great Falls, Montana will be called upon to carry out these major contracts.

In addition, management announces that it is removing from its order backlog a major project valued at $131 million in the southeastern United States concluded in June 2019. The company's order backlog stood at $344 million as at October 31, 2022, excluding today's announcements.