05:10 PM EDT, 06/17/2024 (MT Newswires) -- Bird Construction ( BIRDF ) after trade Monday said it has been selected for five projects with a total combined value of over $625 million.
According to a statement, these projects include multi-year mine infrastructure work in Eastern Canada and three long term care projects and a multi-building institutional project in Western Canada.
Monday's statement noted the awarded mine infrastructure work in Eastern Canada involves extensive civil work to support mining operations, enhancing the infrastructure necessary for efficient and safe extraction processes.
It said the long term care projects aim to replace and expand bed capacity, supporting the growing demand for long term care services and ensuring modern, safe, and comfortable accommodations for residents.
The multi-building institutional project, it added, involves both the modernization and creation of new administrative and operational spaces. Designed to achieve LEED Silver certification, this project emphasizes sustainability and energy efficiency.
Bird closed Monday down $0.55, or 2.1%, to $25.36 on the Toronto Stock Exchange.