Bird reports Q3 growth in many sectors

MISSISSAUGA, ONT. — Bird Construction has announced stronger than expected growth in Q3.

Bird CEO Teri McKibbon reported $800 million of work put in place in the quarter while the firm’s combined backlog grew by $40 million, up almost 20 per cent this year to date, according to a release.

Growth came across all markets with both public and private clients, including institutional buildings, infrastructure, industrial construction and services, mining and nuclear.

Comparing Q3 this year to Q3 last year, there was construction revenue of $783.8 million compared to $668.2 million, representing a 17.3 per cent increase year-over-year. Looking at year-to-date 2023 compared with year-to-date 2022, construction revenue of $2,006.7 million was earned in the first nine months of 2023, compared to $1,720.4 million in 2022, representing a 16.6 per cent increase year-over-year.

During the third quarter of 2023, the company announced it was awarded the following projects and contracts:

• Bird was awarded multiple contracts for industrial and civil work in the energy and mining sectors valued at approximately $180 million, including a contract for civil and concrete scopes to support processing infrastructure development at the Blackwater Mine project in central British Columbia, two contracts for rehabilitation work on hydroelectric power-related structures in northeastern Ontario, and a contract for final site earthworks, grading and asphalt paving at an existing project site in northwestern British Columbia.
• Bird was selected as the preferred proponent for the Southern Alberta Institute of Technology’s Campus Centre Redevelopment Project, the Victor Philip Dahdaleh Hall project at St. Francis Xavier University, and two long-term care facilities in Nova Scotia. The combined value of the contracts is over $350 million.
• Bird was awarded two new contracts at the ArcelorMittal Mont-Wright Mine in Quebec, and an award for the 2Nations Bird joint venture for Fine Tailings works on BHP’s Jansen Stage 1 Potash Project in Saskatchewan. The combined value of the awards was over $110 million.
• Bird was selected as construction manager for the Vancouver Community College Centre for Clean Energy and Automotive Innovation and the University of Victoria Engineering Expansion Project. The combined value of the contracts was approximately $280 million.
• Bird was awarded an additional task order under the previously announced Port Hope Area Initiative Master Construction Contract by Canadian Nuclear Laboratories, and was awarded a multi-year contract for civil works on sites in the Heartland Region of Alberta by an undisclosed client. The combined value of the awards is approximately $100 million, to be executed over the next three years.

McKibbon stated, “Bird is positioned as a leading collaborative construction and maintenance company focused on the industrial, institutional and infrastructure markets.”