Bird Construction Expands Horizons with Major Project Wins
Bird Construction Secures Over $650 Million in New Awards
Bird Construction Inc. (TSX: BDT) is excited to announce the recent acquisition of five significant projects, amounting to more than $650 million. This milestone highlights Bird's commitment to its expanding infrastructure, industrial, and building divisions, showcasing its resilience in today's economy.
Major Project Highlights
Among the newly awarded projects, Bird has been granted a modified design-build contract by Defence Construction Canada. This contract entails the design and construction of 200 residential housing units specifically tailored for Canadian Armed Forces (CAF) members and their families. As part of a larger $1.4 billion initiative over two decades, this endeavor aims to tackle housing shortages while enhancing living conditions for service members.
Partnership with Dow for Sustainable Development
In an exciting venture, Bird has been chosen to contribute to Dow’s Path2Zero Program in Fort Saskatchewan. The project involves constructing a groundbreaking net-zero integrated ethylene cracker and derivatives site. This initiative is pivotal in reducing scope 1 and 2 emissions and demonstrates Bird's dedication to sustainable practices, integrating a variety of engineering disciplines such as civil, mechanical, and electrical works.
Enhancements in Healthcare Facilities
Bird's impact on healthcare is evident in its recent contract for the multi-phase expansion of the Cottonwoods Long-Term Care facility located in Kelowna. The first phase will construct a four-storey facility accommodating 234 beds, coupled with support services essential for quality care. Following this, the project will modernize existing structures and amenities, significantly benefiting the local community.
Collaboration on Nuclear Projects
In a notable partnership, Bird has been awarded additional contracts through Makhos Bird Joint Venture (MBJV) to augment Ontario Power Generation’s initiatives. This collaboration focuses on enhancing ongoing nuclear operations and refurbishment activities, reinforcing Bird's role in vital energy sectors.
Innovative Developments in Clean Energy
Moreover, Bird's continued participation in clean energy has led to a significant contract extension for early site development works at the Woodfibre LNG project, marking a milestone in LNG production. This facility aims to become the world’s first net-zero LNG export facility, set to produce 2.1 million tonnes of LNG annually. Such undertakings are essential for providing cleaner energy alternatives on a global scale.
Management Insights
“These new project awards underscore the consistent demand within our sectors and demonstrate our strong client relationships, a testament to our collaborative spirit and excellent performance,” stated Teri McKibbon, President and CEO of Bird Construction. “We strive to align with large capital investment projects, enhancing our project backlog and setting a strong foundation for future endeavors.”
About Bird Construction
Bird Construction (TSX: BDT) has been a leader in the Canadian construction and maintenance industry for over a century. Operating from coast-to-coast, Bird emphasizes a collaborative and safety-oriented approach, providing comprehensive services across industrial, building, and infrastructure markets. The company remains committed to delivering long-term value while prioritizing safety and quality in all projects.
Frequently Asked Questions
What recent projects has Bird Construction been awarded?
Bird Construction has secured five major projects worth over $650 million, including housing for the military and a net-zero ethylene cracker facility.
How does Bird contribute to clean energy initiatives?
Bird is involved in constructing the world’s first net-zero LNG facility and is actively working on Dow’s Path2Zero Program.
What is the significance of Bird's new housing project?
The housing project for the Canadian Armed Forces addresses local housing shortages and is part of a broader long-term investment in military housing.
Who is the CEO of Bird Construction?
Teri McKibbon is the President and CEO of Bird Construction, leading the company through significant project awards and expansions.
How long has Bird Construction been in operation?
Bird Construction has over 100 years of experience in the construction industry, serving a variety of sectors across Canada.
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