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BANISTER AWARDED LONDON, ONTARIO PIPELINE CONTRACT

 TORONTO, March 31 /PRNewswire/ -- Banister Inc. (AMEX: BAN) announced today that a pipeline subsidiary, Banister Pipelines, has been awarded a contract by Union Gas Limited for the construction of 35 kilometers (22 miles) of 1219 mm (48 inch) natural gas pipeline east of London, Ontario. The approximately $25 million project is scheduled to start in late May, subject to Ontario Energy Board approval, with completion expected in early August 1993.
 Banister Inc. is a Canadian based building, civil, industrial, pipeline and utility construction company with operations worldwide.
 -0- 3/31/93
 /CONTACT: R.F.C. Marriott, president of Banister Pipelines, 403-462-9430/
 (BAN)


CO: Banister Inc. ST: Ontario IN: CST SU: CON

WB -- NY042 -- 1485 03/31/93 12:06 EST
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Publication:PR Newswire
Date:Mar 31, 1993
Words:120
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