Southland Awarded $77 Million Phase of the Red River Valley Water Supply Project
13 11월 2023 - 9:00PM
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 $77 million
contract to construct a water pipeline for the for Garrison
Diversion Conservatory District in North Dakota.
The scope of work includes installing approximately 8 miles of
72-inch diameter water pipeline. The water pipeline is expected to
provide a sustainable water supply to a community that has
experienced periods of drought. This is an initial phase of the $1
billion Red River Valley Water Supply Project which is anticipated
to benefit nearly 50% of North Dakota’s population. Construction is
expected to start in the second quarter of 2024.
About SouthlandSouthland 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 StatementsThis 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.
Southland Contacts:
Alex MurrayCorporate Development & Investor
Relationsamurray@southlandholdings.com
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