The total value of the agreement is expected to reach USD 200 million, and if the contract is extended, both its duration and value could double, reaching up to USD 400 million.
Under the new agreement, ADF Group is projected to generate annual revenue of between USD 35 and 40 million. The company plans to begin production at its Terrebonne facility in Quebec within a short timeframe. This is seen as a demonstration of ADF's confidence in its local production capacity and operations in the region.
The contract deepens ADF's relationship with a long-standing customer while aligning with the company's growth strategies in Canada. According to ADF executives, this partnership not only strengthens the company's position but also increases Quebec's visibility in the global infrastructure sector.
Comments
No comment yet.