SAINT LOUIS, MO, March 14, 2014 -- The city of Baltimore, Md., will soon receive nearly seven miles of small- and medium-diameter cured-in-place pipe (CIPP) in wastewater pipelines located throughout the region. Approximately one mile of the installation will be for medium-diameter trunk sewers.
The city of Baltimore awarded a contract valued at approximately $10 million to Aegion Corporation's (Nasdaq Global Select Market: AEGN) subsidiary, Insituform Technologies, LLC to carry out the project. Including this latest contract, the city has awarded Insituform $56.9 million in contracts since September 2012.
Jeff Kowal, vice president and general manager of Insituform's East Region, said, "We are pleased the city of Baltimore has entrusted us to execute this technically-challenging wastewater rehabilitation project, which will require a large bypass system and effective traffic control in the city center and Inner Harbor areas."
Work on the project is expected to begin in mid-2014 and will take approximately 16 months to complete.
About Aegion Corporation
Aegion Corporation is a provider in infrastructure protection and maintenance, providing proprietary technologies and services: (i) to protect against the corrosion of industrial pipelines; (ii) to rehabilitate and strengthen water, wastewater, energy and mining piping systems and buildings, bridges, tunnels and waterfront structures; and (iii) to utilize integrated professional services in engineering, procurement, construction, maintenance and turnaround services. For more information, visit www.aegion.com.
About Insituform Technologies, LLC
For over forty years, Insituform Technologies, LLC, a subsidiary of Aegion Corporation, has been a global leader in the development and installation of proprietary technologies and services for rehabilitating sewer, water and other underground piping systems without digging or disruption. For more information, visit www.insituform.com.
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