L.B. Foster Awarded $7 Million USACE Soo Locks Construction Project
Foster Company (the Company) (NASDAQ: FSTR) has been awarded a $7 million subcontract to supply infrastructure materials for the rehabilitation of existing upstream approach walls for a new lock at the U.S. Army Corps of Engineers (USACE) Soo Locks Complex in Sault Ste.
- Foster Company (the Company) (NASDAQ: FSTR) has been awarded a $7 million subcontract to supply infrastructure materials for the rehabilitation of existing upstream approach walls for a new lock at the U.S. Army Corps of Engineers (USACE) Soo Locks Complex in Sault Ste.
- Foster and major supply partner, Gerdau, managed the delivery of the piling beginning in spring 2021, with installation estimated to be completed in 2023.
- Approximately 80 million tons of commercial commodities pass through the Soo Locks annually.
- Foster Company and its subsidiaries provide products and services for the rail industry, and solutions to support critical infrastructure projects.