Insituform Technologies LLC Awarded $10 Million Contract From the City of Baltimore

Aegion Corp.  (Nasdaq Global Select Market: AEGN) has announced that its subsidiary, Insituform Technologies LLC has been awarded a contract valued at approximately $10 million from the City of Baltimore.

Including this latest contract, the City of Baltimore has awarded Insituform $56.9 million in contracts since September 2012.

Insituform will install nearly seven miles of small- and medium-diameter Insituform cured-in-place pipe (CIPP) in wastewater pipelines located throughout the Baltimore area. Approximately one mile of the installation will be for medium-diameter trunk sewers.

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.  Our engineers and crews are well prepared to successfully complete this project while minimizing the disruption for citizens and businesses.”

Work on the project is expected to begin in mid-2014 and will take approximately 16 months to complete.

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