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BANISTER AWARDED PIPELINE CONTRACTS IN SASKATCHEWAN AND MANITOBA

 SCARBOROUGH, Ont., May 3 /PRNewswire/ -- Banister Inc. (AMEX: BAN) announced today that its pipeline unit, Majestic Pipeliners, has been awarded a contract by TransCanada PipeLines Limited for the installation of approximately 211 km (130 miles) of 1219 mm (48-inch) natural gas pipeline in the Province of Saskatchewan and Manitoba at an estimated value of approximately $64 million. Construction will start in May 1993 and completion is scheduled for September 1993.
 Banister Inc. is a Canadian based building, civil, industrial, pipeline and utility construction company with operations worldwide.
 -0- 5/3/93
 /CONTACT: N. A. Harrison, executive vice president of Banister, 416-754-8735/
 (BAN)


CO: Banister Inc.; TransCanada PipeLines Limited ST: Ontario IN: CST SU: CON

GK -- NY095 -- 3961 05/03/93 16:26 EDT
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Publication:PR Newswire
Date:May 3, 1993
Words:123
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