Stantec Adds a Contract

Article Excerpt

STANTEC INC. $25.25 (Toronto symbol STN; SI Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares outstanding: 45.4 million; Market cap: $1.1 billion) has signed a letter of intent to design the new terminal expansion at Edmonton International Airport. The project will increase capacity by about 50%.The expansion will add 13 new gates, additional retail, food and beverage space, while enhancing passenger flow. Airports are one of Stantec’s areas of specialization. Stantec will provide full design services, including the architectural, mechanical, electrical, structural and Leadership in Energy and Environmental Design (LEED) consulting services for the 40,000 square meters of new floor space. Stantec offers clients a broad range of consulting, project delivery, design/build and technology services. Stantec is still a hold. hold…