Aecon Group Inc, Canada's largest publicly traded construction company, said its Lockerbie and Hole Eastern division had signed a letter of intent with the Potash Corporation of Saskatchewan Inc (PotashCorp) for a project valued at over C$250 million. Aecon will install the interior of a new mill at the PotashCorp mine site near Rocanville, Saskatchewan.The project, which is expected to begin in early 2012, will create about 800 jobs at the construction site, Aecon said in a statement.The project is scheduled for completion in the fall of 2013.
Aecon Group Inc. (Aecon) operates in the construction and infrastructure development industry. Shares of ARE remained unchanged at $10.23. In the past year, the shares have traded as low as $7.01 and as high as $12.79. On average, 105123 shares of ARE.TO exchange hands on a given day and today's volume is recorded at 360492.
Potash Corporation of Saskatchewan Inc. (PCS) is an integrated fertilizer and related industrial and feed products company. Shares of POT remained unchanged at $44.44. In the past year, the shares have traded as low as $43.85 and as high as $63.19. On average, 2472670 shares of POT.TO exchange hands on a given day and today's volume is recorded at 2224907.
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