ST. LOUIS, Sept. 30, 2019 (GLOBE NEWSWIRE) — Aegion Corporation (NASDAQ:AEGN) today announced that its subsidiary, Insituform Technologies, LLC, has been awarded a $15.7 million contract in Georgia to rehabilitate more than 22 miles of small-, medium- and large-diameter wastewater pipelines using Insituform® cured-in-place pipe (CIPP), primarily in residential areas. Insituform expects to begin the work in October 2019 and complete the project within 12 months.
Charles R. Gordon, Aegion’s President and Chief Executive Officer, said, “We are pleased to offer a trenchless solution for this critical rehabilitation project for the region, versus a dig-and-replace solution, which would have required costly and disruptive excavation and restoration work. We look forward to completing the work safely, timely and with minimal disruption to local residents.” About Aegion Corporation (NASDAQ: AEGN)Aegion combines innovative technologies with market-leading expertise to maintain, rehabilitate and strengthen infrastructure around the world. Since 1971, the Company has played a pioneering role in finding transformational solutions to rehabilitate aging infrastructure, primarily pipelines in the wastewater, water, energy, mining and refining industries. Aegion also maintains the efficient operation of refineries and other industrial facilities. Aegion is committed to Stronger. Safer. Infrastructure.®More information about Aegion can be found at https://www.aegion.com/.Forward-Looking StatementsFor more information, contact:
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