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American Eco Joint Projects With Dominion Bridge Proceeding On Schedule.


HOUSTON--(BUSINESS WIRE)--August 12, 1998--AMERICAN ECO E·co   , Umberto Born 1932.

Italian writer best known for his novels, including The Name of the Rose (1981). He has also written extensively on semiotics and British and American popular culture.
 CORPORATION (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ECGOF, TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:ECX ECX European Climate Exchange
ECX E-Commerce Exchange
ECX eCatalog XML
ECX Extended Count Register
ECX Electronically Controlled Telephone Exchange
ECX Extrusion-Cast Explosive (fine-grain)
ECX Experimental Concentration - Percent
) announced that it plans to continue its subcontracting of fabrication fabrication (fab´rikā´shn),
n the construction or making of a restoration.
 orders it currently has under construction with Davie Industries Inc., and joint venture with Steen Contractors Ltd., both wholly owned subsidiaries Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Dominion Bridge Corporation, which filed a notice of its intent to restructure under Canadian law.

The projects, which American Eco has with Trans Canada Pipelines Inc., and Petrodrill Offshore Incorporated, are proceeding on schedule and are bonded.

American Eco has entered into a management agreement with Dominion Bridge for both Steen Pipeline and Davie Industries, which will provide American Eco with greater control over these projects. American Eco believes the action taken by the Dominion Bridge Board of Directors to restructure is in the best interests of the employees, suppliers, creditors and the shareholders of their company.

American Eco is a leading North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 provider of single-source industrial support and specialty fabrication services in the energy, pulp & paper, and power generating industries.

Except for the historical information in this press release, the press release includes forward looking statements that involve risks and uncertainties including, but not limited to quarterly fluctuations in results, the management of growth, competition and other risks detailed in the Company's Securities and Exchange Commission filings. Actual results may differ materially from such information set forth herein.

    CONTACT: J.C. Pennie
              Vice-Chairman
              Toronto, Ontario
              (416) 340-2727
                   or
              Cindy Jackson
              Director of Investor Relations
              Houston, Texas
              (888) 774-3246
              cindy@americaneco.com
                   or
              Sylvia Dresner
              Senior Vice President, VMW Inc.
              New York, New York
              (212) 605-3140

              VMWeiner@aol.com


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1CANA
Date:Aug 12, 1998
Words:264
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