Aecon Group Inc.
TSX : ARE

Aecon Group Inc.

September 01, 2009 06:30 ET

Aecon Awarded $52 Million Redevelopment Project for Queenston-Lewiston Border Crossing Plaza

TORONTO, ONTARIO--(Marketwire - Sept. 1, 2009) - Aecon Group Inc. (TSX:ARE) announced today that its Buildings Division has been awarded the $52 million construction contract for redevelopment of the Queenston-Lewiston Border Crossing Plaza in Niagara Falls by the Niagara Falls Bridge Commission (NFBC).

The project includes the construction of Phase II of a multi-phase project to replace the existing plaza buildings and infrastructure in order to service the demands of increasing traffic and security needs.

Work on the project has begun and is scheduled for completion in fall 2010. The scope of the project includes:

- A new commercial passenger and bus inspection facility for the Canada Border Services Agency (CBSA), including 60,000 square feet of inspection and office space, a 10,000 square foot commercial inspection warehouse;

- Facilities for the Canadian Food Inspection Agency with 8,000 square feet of warehouse and office space, and;

- Dedicated pedestrian bridges and 10 CBSA passenger vehicle inspection lanes with a below grade service tunnel to the inspection booths. Overhead canopy areas of approximately 40,000 square feet are also included in the project.

"The Queenston-Lewiston Bridge is a major cross border corridor between Canada and the United States," said Frank Ross, President of Aecon Buildings. "Aecon is pleased to be working with the NFBC to re-develop the Plaza to support the needs of the thousands of people who regularly use this crossing point."

Aecon Group Inc. is Canada's largest, publicly traded construction and infrastructure development company. Aecon and its subsidiaries provide services to private and public sector clients throughout Canada and on a selected basis internationally. Aecon is pleased to be recognized as one of the 10 Best Employers in Canada as published by Report on Business Magazine, as well as one of the Top 100 Employers in Canada as published in Maclean's Magazine.

The information in this news release includes certain forward-looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties which are generally described in Section 3.2 "Risk Factors" in Aecon's Annual Information Form dated March 30, 2009 available on SEDAR at www.sedar.com. Although Aecon believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations f any forward-looking statements will prove to be correct.

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