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BANISTER AWARDED NORTH BAY PIPELINE CONTRACT

 BANISTER AWARDED NORTH BAY PIPELINE CONTRACT
 SCARBOROUGH, Ontario, May 7 /PRNewswire/ -- Banister Inc.


(AMEX: BAN; Toronto, Montreal) announced today that its pipeline subsidiary, Banister Pipelines, is part of a Joint Venture that has been awarded a contract by TransCanada PipeLines for 140 kilometers (87 miles) of 1,067mm (42 inch) pipeline in the Province of Ontario.
 The project is to be constructed in three loops southeast of North Bay near Deux Rivieres, Pembrooke and Stittsville. The project will commence in June and be completed by November 1992. This is the second project awarded by TransCanada PipeLines to this joint venture, totalling 252 kilometers (157 miles), for construction this year.
 Banister Pipelines is an operating subsidiary of Banister Inc., a Canadian based construction firm specializing in building, civil, industrial, pipeline and utility construction.
 -0- 5/7/92
 /CONTACT: R.F.C. Marriott, president of Banister Pipelines, 403-462-9430/
 (BAC) CO: Banister Inc.; TransCanada PipeLines ST: Ontario IN: CST SU: CON


TS -- NY055 -- 7583 05/07/92 11:26 EDT
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Publication:PR Newswire
Date:May 7, 1992
Words:167
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