20/08/2007
Largest-ever awards for Keller in Australia and US
Keller Group plc ("Keller" or "the Group"), the international
ground engineering specialist, announces that it has been awarded
its largest-ever contract in Australia and a major project in the
US:
Highlights include:
- a circa A$72m (£30m) contract for piling and ground
improvement works for the Gateway Upgrade in Queensland, Australia;
and
- a major project to build the foundations for The Chicago
Spire.
Gateway Upgrade
The Gateway Upgrade, located near Brisbane's International
Airport, is the largest road and bridge infrastructure project in
Queensland's history. It aims to reduce traffic congestion and
improve safety by duplicating the existing Gateway Bridge and
upgrading 20km of the Gateway Motorway.
The ground engineering works are to be carried out by a joint
venture led by Piling Contractors, a company acquired by Keller in
August 2006, and also comprising the Group's three other Australian
businesses: Frankipile, Vibro-pile and Keller Ground Engineering.
Test piles were completed earlier this year and the main works are
due to complete by autumn 2008.
The Chicago Spire
The Spire, a 150-storey, 610-metre high residential tower, to be
built overlooking the shores of Lake Michigan, will dominate the
Chicago skyline. Scheduled for completion in late 2010, it is
expected to be the tallest building in the US.
Case Foundation will install 34 steel-reinforced concrete
caissons, 36 metres in length, drilled deep into bedrock. In
addition, Case's sister company, Hayward Baker, will construct a
32-metre diameter sheet-piled wall to create a dry work environment
and to serve as the foundation for the core of the building.
Keller's work on the project has already begun and is expected to
complete in spring 2008.
Justin Atkinson, Keller Chief Executive,
commented:
"The prevalence of very large scale development projects around
the world, requiring complex foundation solutions, is playing to
our strengths as a global, high-capacity provider offering a full
range of techniques.
"Both of these jobs will use combined Group resources and
demonstrate the synergies between our businesses, particularly when
it comes to co-operation on large projects.
"Coming on the back of recently-announced major contract wins in
the Middle East, these contract awards boost an already excellent
order book."
For further information, please contact:
| Keller Group plc |
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| Justin Atkinson, Chief Executive |
020 7616 7575 |
| James Hind, Finance Director |
|
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| Smithfield |
020 7360 4900 |
| Reg Hoare/Rupert Trefgarne |
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Note for journalists
On 21 June 2007, Keller announced the award of contracts
valued at around US$110m (£55m) for piling and ground
improvement works in the Middle East.
Keller has today announced its half-year results for the six
months ended 30 June 2007.
The above announcements are available on the Group's website
at www.keller.co.uk
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