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Southland Awarded $202 million Bull Run Filtration Facility Project
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Rhea-AI Summary
Southland Holdings, awarded a $202 million contract to construct the Bull Run Filtration Facility Project in Portland, Oregon, through its subsidiary Oscar Renda Contracting. The project includes various water filtration components to provide safe drinking water to approximately one million residents in three counties. The project is expected to be completed in the second quarter of 2024.
Positive
Southland Holdings secures a significant $202 million contract for the Bull Run Filtration Facility Project, highlighting strong business opportunities.
The project scope involves the installation of vital water filtration components, benefiting nearly one million residents with safe drinking water in three counties.
The new water filtration treatment plant will contribute to enhancing the water infrastructure and quality of life for the residents in Multnomah, Clackamas, and Washington counties.
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GRAPEVINE, Texas--(BUSINESS WIRE)--
Southland Holdings, Inc. (NYSE American: SLND and SLND WS) (“Southland”) announced today that a subsidiary in its Civil segment, Oscar Renda Contracting, has been awarded a contract to construct the Bull Run Filtration Facility Project in Portland, Oregon.
The scope of work for this project includes installing inlet structures, an ozone contact basin, injection and flash mix, flocculation and sedimentation basins, precast structures, and approximately 37,000 linear feet of piping. The new water filtration treatment plant is expected to assist in providing nearly one million residents in Multnomah, Clackamas, and Washington counties with safe drinking water. This project will be included in second quarter 2024 backlog.
About Southland
Southland is a leading provider of specialized infrastructure construction services. With roots dating back to 1900, Southland and its subsidiaries form one of the largest infrastructure construction companies in North America, with experience throughout the world. The company serves the bridges, tunneling, communications, transportation and facilities, marine, steel structures, water and wastewater treatment, and water pipeline end markets. Southland is headquartered in Grapevine, Texas. For more information, please visit Southland’s website at www.southlandholdings.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Southland’s current beliefs, expectations and assumptions regarding the future of Southland’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Southland’s control. Southland’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by Southland in this press release is based only on information currently available to Southland and speaks only as of the date on which it is made. Southland undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
