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Stuart Olson Inc.

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CA8638341070

Stuart Olson Inc. Wins $225 Million in New Contracts

August 12, 2020 at 06:57 am EDT

Stuart Olson Inc. announced that it has been awarded approximately $225 million in new contracts. The Buildings Group has been awarded a large construction management project at a post-secondary institution in Ontario. The Industrial Group has been awarded a four-year maintenance and turnaround contract with a repeat client at a new oil sands site. These two awards have a combined value of approximately $225 million and will be added to backlog in the third quarter of 2020.

Latest news about Stuart Olson Inc.

Bird Construction Inc. completed the acquisition of Stuart Olson Inc..	20-09-24	CI
Transcript : Stuart Olson Inc. - Shareholder/Analyst Call	20-09-17
Transcript : Stuart Olson Inc. - Shareholder/Analyst Call	20-09-17
Stuart Olson Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-12	CI
Stuart Olson Inc. Wins $225 Million in New Contracts	20-08-12	CI
Bird Construction Inc. entered into a definitive agreement to acquire Stuart Olson Inc. for CAD 4.4 million.	20-07-28	CI
Transcript : Stuart Olson Inc., Q1 2020 Earnings Call, May 14, 2020	20-05-14
Stuart Olson Inc. Announces Impairment Loss for the First Quarter 2020	20-05-13	CI
Stuart Olson Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-13	CI
Stuart Olson Inc. Wins Three and a Half Year Contract for Industrial Services Valued At an Estimated $120 Million	20-05-13	CI
Transcript : Stuart Olson Inc., Q4 2019 Earnings Call, Mar 25, 2020	20-03-25
Stuart Olson Inc. Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-23	CI
Stuart Olson Inc. Auditor Raises 'Going Concern' Doubt	20-03-23	CI
Stuart Olson Receives Seven-Year MRO Contract for Bundled Industrial Services Valued At an Estimated $400 Million	20-01-30	CI
Stuart Olson Inc. Announces Management Changes	20-01-24	CI
Stuart Olson Inc. Announces Management Changes	20-01-07	CI
Transcript : Stuart Olson Inc., Q3 2019 Earnings Call, Nov 07, 2019	19-11-07
Stuart Olson Inc. Provides Earnings Guidance for the Fiscal Year 2019	19-11-06	CI
Stuart Olson Announces Resignation of Ian M. Reid from the Board	19-11-06	CI
Stuart Olson Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-11-05	CI
Stuart Olson Inc. announced that it has received CAD 70 million in funding from Canso Investment Counsel Ltd.	19-09-22	CI
Stuart Olson Inc.'s Buildings Group Wins $130 Million in New Contracts	19-09-11	CI
Stuart Olson Inc. Announces Management Changes	19-09-09	CI
Transcript : Stuart Olson Inc., Q2 2019 Earnings Call, Aug 08, 2019	19-08-08
Stuart Olson Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-07	CI

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Company Profile

Stuart Olson Inc. is a Canada-based construction and industrial services company. The Company's segments include General Contracting, Commercial Systems, Industrial Services, and Corporate and Other. The General Contracting segment, through the Buildings Group, provides general contracting services, including integrated project delivery, construction management and design-build services. The Commercial Systems segment includes Canem, which designs, builds, maintains and services critical building systems, including electrical and life safety systems, voice, data and communications networks, and security infrastructure. The Industrial Services segment offers various industrial construction and maintenance services. It provides general contracting and electrical building systems contracting in the institutional and commercial construction markets, as well as electrical, mechanical and specialty trades. It provides services to an array of clients in both the public and private sectors.

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