Southland Awarded $34 Million Tunnel Project and Data Center Contracts
Southland Holdings, Inc. (NYSE American: SLND and SLND WS) (“Southland”) announced today that two subsidiaries in its
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Southland Holdings, Inc. (NYSE American: SLND and SLND WS) (“Southland”) announced today that two subsidiaries in its Civil segment have been awarded a $34 million tunnel project in the Southwest and additional contracts on data center projects.
Southland Contracting was awarded a $34 million tunnel project in the Southwest. The scope of work includes the design and installation of 5,800 linear feet of liner-plate crossings, including the shafts, shoring and grouting.
Oscar Renda Contracting was also awarded a master service agreement to provide labor and equipment at a data center site in the Mid-Atlantic. Separately, it was awarded two contracts, including a master agreement, at a data center site in the Southwest. The final contract value of the data center awards will depend on the actual quantities of work performed, as directed by the customer. The contracts are project-specific and are not recurring in nature.
About Southland
Southland is a leading provider of specialized infrastructure construction services. With roots dating back to 1900, Southland and its subsidiaries form one of the largest infrastructure construction companies in North America, with experience throughout the world. The company serves the bridges, tunneling, data centers, communications, transportation and facilities, marine, steel structures, water and wastewater treatment, and water pipeline end markets. Southland is headquartered in Grapevine, Texas. For more information, please visit Southland’s website at www.southlandholdings.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Southland’s current beliefs, expectations and assumptions regarding the future of Southland’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Southland’s control. Southland’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by Southland in this press release is based only on information currently available to Southland and speaks only as of the date on which it is made. Southland undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
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