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Macro Enterprises Inc. Announces 2020 Fourth Quarter and Year End Results - Vimarsana News

Macro Enterprises Inc. Announces 2020 Fourth Quarter and Year End Results

Macro Enterprises Inc. Announces 2020 Fourth Quarter and Year End Results Summary of financial results Three months ended ($0.63) 31,272 Note 1 - References to EBITDA are to net income from continuing operations before interest, taxes, amortization and impairment charge. EBITDA is not an earnings measure recognized by International Financial Reporting Standards ("IFRS") and does not have a standardized meaning prescribed by IFRS. Management believes that EBITDA is an appropriate measure in evaluating the Company's performance. Readers are cautioned that EBITDA should not be construed as an ...

Macro signs new contract for work on Trans Mountain Pipeline - Vimarsana News

Macro signs new contract for work on Trans Mountain Pipeline

Feb 10, 2021 7:02 PM FORT ST. JOHN, B.C. – Macro Enterprises has signed a new contract for work on the Trans Mountain Pipeline. On Wednesday, the company announced the new contract for specific segments of the Spread 5B of the expansion. The Spread 5B segments awarded to Macro involve a combination of clearing, grading and pipeline construction along the Coquihalla-Hope corridor in British Columbia. In December, Macro announced that Trans Mountain had terminated the contract with Marco’s partner Spiecapag Canada Corp. That contract covered Spread 5B of the expansion. Macro said the contra...

Trans Mountain ends contracts with 2 companies on halted expansion project - Vimarsana News

Trans Mountain ends contracts with 2 companies on halted expansion project

SA Energy is a member of the Pipeline Contractors Association of Canada. Trans Mountain did not explain why two of the contracts with SA were terminated. 'Insist' on safety "We do not wish to comment on the terms of our contractual relationships with contractors," Trans Mountain said this weekend. "What we can say is that Trans Mountain is committed to a strong culture of safety above all else and insist that our project contractors and subcontractors are equally committed." Trans Mountain also ended its contract, a joint venture, with Spiecapag Canada Corp. and Fort St. John's Macro Enterpr...

Source: cbc.ca
Macro loses contract with Trans Mountain for the Coquihalla-Hope portion of the project - Vimarsana News

Macro loses contract with Trans Mountain for the Coquihalla-Hope portion of the project

Dec 16, 2020 12:13 PM FORT ST. JOHN, B.C. – Macro Enterprises is reporting that it has lost its contract with Trans Mountain for the laying of the pipeline for the Coquihalla-Hope portion of the Trans Mountain Expansion Pipeline Project. According to Macro, the termination of the contract was due to ongoing challenges between the joint venture with Spiecapag Canada and Trans Mountain. While the contract has been terminated, Macro says it will continue to be in discussions with Trans mountain regarding future opportunities that are expected to contractually occur in early 2021. Meanwhile, t...