Aegion Corporation Awarded $8.2 Million Engineering Contract from City of Houston
Aegion Corporation (Nasdaq: AEGN) today announced that its subsidiary, Corrpro Companies, Inc. (“Corrpro”), has been awarded a two-year contract valued at up to $8.2 million for professional engineering services for the City of Houston's Corrosion Prevention and Rehabilitation Program. The City also has the option to renew the contract for three additional years following the initial term. Corrpro has been providing professional engineering services and corrosion prevention solutions to the City of Houston and its surrounding areas since 1992 and performed approximately $1.7 million of work for the City in 2011.
Corrpro will provide corrosion prevention services for the City's water and wastewater facilities, including buried steel, ductile iron and pre-stressed concrete water transmission pipelines. In addition, over 300 large-diameter, above-grade pipeline crossings, over 300 water production facilities and over 600 wastewater facilities and force mains will be evaluated.
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