Core Insights - Bird Construction Inc. has been awarded multiple projects and agreements totaling approximately $1.2 billion, which includes major industrial capital investment projects and significant new and renewed multi-year master service agreements (MSA) with both new and existing clients [1][2]. Group 1: Project Awards and Agreements - The new MSA in partnership with Infinity Métis Corporation exemplifies Bird's tuck-in M&A strategy, enhancing self-perform capabilities and supporting revenue growth and margin accretion in line with the company's 2027 Strategic Plan [2]. - Bird's Industrial Maintenance team secured a new five-year recurring revenue MSA for complex mechanical services with a major Oil and Gas client, highlighting the strategic impact of the 2024 acquisition of NorCan Electric [4]. - Additional MSA extensions and new awards include a two-year extension for electrical services, a three-year renewal with scope expansion for an existing customer, and a new three-year mechanical services MSA in the mid-stream sector [4]. Group 2: Strategic Partnerships and Projects - Bird's partnership through 2Nations Bird has been selected for additional work at BHP's Jansen potash project, which includes the construction and commissioning of five non-process infrastructure buildings [4]. - The company has also been awarded a new contract for critical process work at Dow's Path2Zero Program in Fort Saskatchewan, Alberta, focusing on mechanical, structural, piping, and insulation works [4].
Bird Awarded $1.2B Across Industrial and Industrial Maintenance Teams
Globenewswire·2025-12-16 22:00