Black Diamond Group Limited ("Black Diamond" or "the Company") (TSX:BDI), a leading provider of modular accommodation and energy services in North America, is pleased to announce BOXX Modular, the Company's modular workspace division, has secured a contract to supply and install 101 modular units at a major Canadian oil sands site.
BOXX Modular will be supplying and installing lunchroom complexes, locker rooms, self-contained lavatories, security units and other workspaces for the remote site. The new units are currently being manufactured with installation expected to commence in late spring, 2011. The total project value exceeds $8.5 million and the contract is BOXX Modular's largest single award to date.
There is no capital expenditure associated with this project as BOXX Modular is selling, not renting, the units to the customer.