LOS ANGELES, Apr 21, 2011 (BUSINESS WIRE) -- AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it was awarded an engineering, procurement and construction management contract by Tata Steel Minerals Canada Limited.
The company will provide a variety of services in Quebec, Newfoundland and Labrador, for the client's Direct Shipping Ore (DSO) project from iron ore mines near Schefferville to the port of Sept-Iles.
"We are excited to have the opportunity to support Tata Steel's DSO project," said AECOM President and Chief Executive Officer John M. Dionisio.
Work will begin immediately with construction expected to start later this year. Completion and start-up of the DSO system is anticipated for mid-2012.
The contract's value was not disclosed. The project's total construction value is more than US$300 million.
Tata Steel Minerals Canada is a joint venture between Tata Steel and New Millennium Capital Corp.
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in approximately 125 countries and had revenue of $7.0 billion during the 12 months ended Dec. 31, 2010. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections of earnings, statements of plans for future operations or expected revenue.Actual results could differ materially from those projected or assumed in any of our forward-looking statements.Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended Dec. 31, 2010, and our other reports filed with the U.S. Securities and Exchange Commission.AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.
SOURCE: AECOM Technology Corporation
Paul Gennaro, 212-973-3167
SVP & Chief Communications Officer