Contract for Voisey's Bay Mine/Mill Awarded to SNC-Lavalin.MONTREAL--(BUSINESS WIRE)--Jan. 6, 1997--SNC-LAVALIN (ME;TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :SNC SNC St Norbert College (De Pere, Wisconsin) SNC Sistema Nervioso Central SNC Société en Nom Collectif (French: Partnership) SNC Système Nerveux Central (French: central nervous system) .A) Voisey's Bay Nickel Company Limited, a subsidiary of Inco Limited, announced today that it has awarded the project management and construction management contract for the mine/mill and associated infrastructure portion of the Voisey's Bay nickel- copper-cobalt project to SNC-Lavalin Inc. SNC-Lavalin will be responsible for managing engineering, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , construction and site management activities in support of the development of facilities for the mine/mill at Voisey's Bay, Labrador. Work will begin immediately. "We are particularly proud of this contract award because it clearly demonstrates our leadership in the mining and metallurgical met·al·lur·gy n. 1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals. 2. industry as well as our world-class expertise in project and construction management," said Roger Nichol, SNC-Lavalin's Project Manager for the Voisey's Bay project. "This contract will provide a major boost to BAE-Newplan Group Limited, the Newfoundland division of SNC-Lavalin, and an opportunity to increase its staff. Positioned as the company's centre of excellence in marine engineering and one of its centres of excellence in infrastructure, BAE-Newplan has the goal of becoming the premier engineering company in the province, by participating in the further development of Newfoundland's vast resources and thereby enhancing its core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
The SNC-Lavalin Group is a Canadian company, listed on the Montreal and Toronto stock exchanges Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. , with operations mainly in engineering- construction. The company has 6,300 employees in offices across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. and in 30 other countries. It is currently working in over 70 countries. -0- NC-Lavalin press releases are available on the Internet at the following address: http://www.cdn-news.com CONTACT: SNC-Lavalin Group Inc. Robert Racine (Investor), 514/393-1000 or SNC-Lavalin Group Inc. Suzanne Lalande (Media), 514/393-1000 |
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