Cedar Group's subsidiary, Dominion Bridge Inc., wins C$10 million contract for Toronto's 'Metro Convention Centre'.MONTREAL--(BUSINESS WIRE)--April 3, 1995--Cedar Group Inc.'s (NASDAQ/NMS:CGMV)(VSE See DOS/VSE. VSE - Virtual Storage Extended :CGM (1) (Computer Graphics Metafile) An ISO/IEC standard format for 2D graphics images introduced in 1987. Primarily a vector graphics format for technical illustrations and geophysical visualizations, CGM also supports raster graphics and text. ) subsidiary, Dominion Bridge Inc., is pleased to announce that it has been awarded the contract (C$10 million) for the expansion of Metro Toronto Convention Centre Metro Toronto Convention Centre, located in Downtown Toronto, Ontario at 255 Front Street West, has 600,000 square feet of space. The convention centre was completed in October 1984 and is home to the 1330 seat John Bassett Theatre, currently used for Canadian Idol. . Work pursuant to the contract will commence this summer. The expansion will make Toronto a world-class host city for conventions, expanding its facility to over 2 million square feet with connections to the subway and central station's transportation arteries. The contract calls for the supply, fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. and erection of structural steel for the main exhibit halls, providing 30 metre clear spans throughout the hall area. Nicolas Matossian, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Dominion Bridge, commented, "These and other complex structures favor Dominion Bridge's capabilities and we are proud to point out that the convention centre is located adjacent to the Skydome, another Dominion Bridge landmark." Cedar Group Inc. registered in Conshohocken, Pa., and headquartered in Montreal, is an international engineering, infrastructure project management, aerospace and industrial metal transformation company. Cedar Group Inc.'s subsidiary, Dominion Bridge Inc., has 115 years of experience and has a long-term successful record in international development projects. -0- This news release is neither approved nor disapproved by the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). . CONTACT: Cedar Group Inc., Montreal Eric Boyd, 514/634-3551 or Strategic Growth International Stan Altschuler or Richard Cooper, 516/829-7111 |
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