Keller Group PLC
20 August 2007
For immediate release 20 August 2007
Keller Group plc
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:
• 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
Justin Atkinson, Chief Executive 020 7616 7575
James Hind, Finance Director
Smithfield 020 7360 4900
Reg Hoare/Rupert Trefgarne
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
This information is provided by RNS
The company news service from the London Stock Exchange
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