Matrix Service Co.a
leading industrial services company, today announced that its wholly owned subsidiary,
Matrix Service Industrial Contractors, Inc., has executed a fabrication and
construction contract with Plains All American Pipeline, L.P. (NYSE: PAA) for
the construction of above ground storage tanks (AST) in connection with the
construction of additional refined product storage at its terminalling facility
in Paulsboro, New Jersey. Matrix Service Industrial Contractors, Inc.'s work
on this project is expected to be approximately $35 million.
The scope of work will entail turnkey construction of approximately 1.0 million
barrels of tankage, including related civil, mechanical and electrical infrastructure,
at Plains' refined product and terminalling facility in Paulsboro.
Michael J. Bradley, president and CEO of Matrix Service, said, "Once
again, we are pleased to be selected as the primary contractor for Plains' Paulsboro
Terminal project. Over the past fourteen years, Plains has selected Matrix Service
to construct and expand several of its major storage facilities, including the
Cushing Terminal, the St. James Terminal, the Patoka Terminal and now the Paulsboro
Terminal. We look forward to continuing our long-standing relationship with
Plains as they continue to expand their asset base."