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Aecon Group Inc.

11:38 AM EST - Aecon Group Inc. : announced today that it has been awarded three contracts valued at $64 million for highway construction work in Ontario. Under a $29-million contract with the Ontario Ministry of Transportation, Aecon will upgrade the northbound lanes of Hwy 400 along a 16.2-km stretch, from Hwy 11 to Hwy 93 north of Barrie.Work on the project includes earth grading, installing the granular base and paving the roadway, as well as electrical work and the installation of storm drains and culverts. In addition, four existing highway structures will be rehabilitated. Construction is expected to begin in late July and is scheduled for completion in November 2013. Aecon Group Inc. shares T.ARE are trading down $0.06 at $8.20.