ADF Group signs new contracts worth $140-million

Executive Summary

• ADF Group Inc. has secured a series of new contracts totaling $140.0 million across Quebec, Ontario, and the United States West Coast.
• The contracts involve the fabrication and installation of steel structures for public transportation, commercial, industrial, manufacturing, and hydroelectric projects.
• The company's order backlog increased to $637.1 million (including the new contracts), up from $497.1 million as of October 31, 2025.

Key Details

• Total Contract Value: $140.0 million.
• Geographic Scope: Quebec, Ontario, and United States West Coast states.
• Project Scope: Fabrication and installation of various steel structures varying in complexity; includes new construction in public transportation, commercial, industrial, manufacturing, and hydroelectric sectors.
• Production Timeline: Fabrication work begins in June 2026, with the majority of work expected to run until the end of 2027.
• Facilities Involved: ADF plants in Terrebonne, Que., and Great Falls, Mon., as well as Groupe LAR’s plant in Metabetchouan, Que. (acquired by ADF in September 2025).
• Order Backlog:
  • Pre-announcement backlog (as at Oct. 31, 2025): $497.1 million.
  • New contracts added: $140.0 million.
  • Total implied backlog: $637.1 million.

Notable Quotes

• "The current fiscal year is off to a good start with the addition of these new contracts, not to mention that Groupe LAR is already contributing significantly to the growth of the corporation's order backlog." — Mr. Jean Paschini