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Monday, 01/25/2010 9:29:58 AM

Monday, January 25, 2010 9:29:58 AM

Post# of 173916
09:26 CADC contract win

Co announces that it has signed a definitive contract to provide its ready-mix concrete service to the high-speed railway project between Xi'an and Ankang, the largest city in southern Shanxi Province. China ACM will provide technical counseling for the production of 270,000 cubic meters of ready-mix concrete. Equipment for the portable mixers has arrived on site and production will commence in February 2010. Duration of the project is estimated to be 20 months. Revenues for this contract are an estimated $3 mln with an estimated $800,000 net income.

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