Dominion Bridge Asia/Pacific subsidiary, McCONNELL DOWELL, announces US $130 million in contract awards.MONTREAL--(BUSINESS WIRE)--Aug. 12, 1996--Dominion Bridge Corp. (DBC See dBA. (language, parallel) DBC - A data-parallel bit-serial C based on MPL. SRC, Bowie MD. E-mail: <maya@super.org>. ), formerly Cedar Group Inc. (NASDAQ/NMS:DBCO; VSE See DOS/VSE. VSE - Virtual Storage Extended :DOM.U) - announced today that its 78% owned Asia/Pacific subsidiary, McCONNELL DOWELL CORPORATION LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (MDC (1) (Mobile Daughter Card) See riser card. (2) See Meta Data Coalition. ), which is traded on the Australian and New Zealand stock exchanges (symbol:MDC), has recently been awarded a total of US $130 million in contracts. The US $130 million in new work includes two contracts. The first, a major natural gas pipeline in Queensland, Australia, which is due to begin in February 1997 and to be completed in October 1997. The second contract will see MDC take part in a consortium for an oil transportation project of Azerbaijan International Operating Company Azerbaijan International Operating Company is a consortium of currently 10 petroleum companies that have signed extraction contracts with Azerbaijan. These companies include:[1]
Dominion Bridge Corp. is pleased to announce that MDC's New Zealand division The New Zealand Division was a World War I division formed in Egypt in January 1916 following the evacuation of Gallipoli. At the outbreak of war the New Zealand Expeditionary Force contained a single infantry brigade which was combined with the unattached Australian 4th Infantry has been awarded the "1996 Contractor of the Year Award," bestowed by the New Zealand Contractors Federation in recognition of MDC's "Apia Road Project," a 23 kilometer design and build contract. Nicholas 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 Corporation commented that "the addition of these contract awards together with the existing backlog and proven operating strengths of management represent a strong start for MDC's 1997 fiscal year which began July 1, 1996 and will guarantee DBC with significant growth and performance in the Asia/Pacific market." The company also announces that Pierre Roy is leaving his position as Chief Financial Officer in order to pursue business and investment opportunities. He will, however, continue as a financial consultant to the company until Dec. 31st. 1996 in order to complete some of his work and facilitate an orderly transition. The company is pleased to announce that Steinar Knai has accepted to act as interim Chief Financial Officer. Knai, a graduate of the European Institute of Business Administration (INSEAD INSEAD Institut Européen d'Administration des Affaires (European Institute for Business Administration; now know simply as INSEAD) INSEAD I Never Stop Eating And Drinking ), brings more than 20 years of experience and results to DBC and will work closely with Roy until the company finds a suitable replacement. Dominion Bridge Corp., a Delaware corporation registered in Conshohocken, PA, is an international engineering infrastructure company, employing advanced materials technology with operations and projects in North America, Europe, Australia and Asia. CONTACT: Dominion Bridge Corp. Eric Boyd, 514/634-3550 or Strategic Growth International Stan Altschuler/Richard Cooper, 516/829-7111 |
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