MEXICO CITY, June 12, 2014 (GLOBE NEWSWIRE) -- Empresas ICA, S.A.B. de C.V. (BMV: ICA ) (NYSE: ICA ), the largest infrastructure and construction company in Mexico, announced today that on June 11, 2014 an accident occurred at the construction site of our affiliate Industria del Hierro, for the Ayatsil – C Platform in the facilities located in Matarredonda, Veracruz. Seven workers are confirmed dead and one is injured. We share in the grief of and express our deepest condolences to the victims' families and loved ones.
Based on the information available at this time, the accident occurred when a group of workers was dismantling scaffolding from the marine platform at a height of approximately 40 meters. The workers were in a man basket held by a Manitowoc 600 Ton Crane, which fell with the workers in it. The cause of the accident is unknown. Industria del Hierro is conducting the site investigations in coordination with the government authorities.
The safety and security of our colleagues is of utmost importance for our company. We are currently reaching out to assist the injured and the families of those who lost their lives. We will allocate the necessary resources to determine as soon as possible the cause of the accident and implement any necessary preventive measures in the future.
This press release may contain projections or other forward-looking statements related to ICA that reflect ICA's current expectations or beliefs concerning future events. Such forward-looking statements are subject to various risks and uncertainties and may differ materially from actual results or events due to important factors such as changes in general economic, business or political or other conditions in Mexico, Latin America or elsewhere, changes in capital markets in general that may affect policies or attitudes towards lending to Mexico or Mexican companies, changes in tax and other laws affecting ICA's businesses, increased costs, unanticipated increases in financing and other costs or the inability to obtain additional debt or equity financing on attractive terms and other factors set forth in ICA's most recent filing on Form 20-F and in any filing or submission ICA has made with the SEC subsequent to its most recent filing on Form 20-F. All forward-looking statements are based on information available to ICA on the date hereof, and ICA assumes no obligation to update such statements.
Empresas ICA, S.A.B. de C.V. is Mexico's largest infrastructure company. ICA carries out large-scale civil and industrial construction projects and operates a portfolio of long-term assets, including airports, toll roads, water systems, and real estate. Founded in 1947, ICA is listed on the Mexican and New York Stock exchanges. For more information, visit http://ri.ica.mx/
Ana Paulina Rubio Elena Garcia (5255) 5272 9991 ext.3608 Gabriel de la Concha, CIO Victor Bravo, CFO In the United States: Daniel Wilson, Zemi Communications (1212) 689 9560
