EIL.v/ERLIF +.015 to C$.11
still cheap, earned C$.015 thru 9 months, .02 in 2013. Last three year's gross revs C$54mil, 84mil, $117mill so this one contract won't have a huge impact but should add to backlog, which was reported at C$95 million at Q3 report.
WINNIPEG, MANITOBA--(Marketwired - Mar 2, 2015) - Empire Industries Ltd. (TSX VENTURE:EIL) today reported that its Dynamic Attractions business unit has been awarded a contract valued in excess of $USD 24 million to supply one of its proprietary robotic track rides to a major theme park in the United Arab Emirates. The contract will largely be executed over the next 24 months.
"The global market for our proprietary media-based attractions remains vibrant," said Guy Nelson, Empire's Executive Chairman and Chief Executive Officer. "This is our third major project in the U.A.E., where the diversification into tourism continues to be an important part of the region's economic plans."
About Empire Industries Ltd.
Empire Industries Ltd. manufactures specialized engineered products and sells these products domestically and in select international export markets. The company has developed, designed and engineered products for the rapidly growing, global, media based attractions market. The company also provides steel fabrication & installation services, primarily to the industrial, commercial and infrastructure market in Western Canada. The company also has two key strategic equity partnerships; a 49% ownership of ACE Industrial Services that operates in the oil sands industrial maintenance services market, and a 45% ownership of a Chinese joint venture company in the steel fabrication market in Asia. Empire's common shares are listed on the TSX Venture Exchange under the symbol EIL.
News 
Market Data 
Discover 
