WINNIPEG, March 17, 2011 – Empire Industries Ltd. (TSX-V: EIL) today announced that its Dynamic Structures business unit has been awarded a contract valued at approximately $9 million for the upgrade of track subsystems of a ride at a major North American amusement park. The contract, which includes design, engineering, fabrication, and assembly phases, will be executed through 2011 and 2012.
“Dynamic Structures is a world leader in this sort of work.” said David Halliday, President of the Dynamic Structures business unit. “It requires very specialized engineering expertise and high tolerance fabrication. There are very few companies in the world who can meet the strict quality control requirements that this work demands.”
Guy Nelson, Chief Executive Officer of Empire Industries, added “We are gratified to see that our commitment to this market is paying off. With this contract in hand, a healthy backlog, and a very strong bid book in the pipeline, we are optimistic that we are seeing the beginning of rapid growth in this highly specialized, global export market that Dynamic Structures is a leader in.”
