RCR Tomlinson awarded $100M in new contracts

Company News

by David Chau

Diversified engineering and infrastructure company RCR Tomlinson (ASX:RCR) has been awarded new contracts worth a total of $100 million.

One of these contracts is the Sydney Northwest Rail Project, for signalling and communications installation works, which will involve upgrading existing rail tunnels between Epping and Chatswood.

RCR will also enter a joint venture with WBHO Infrastructure to provide engineering, procurement nad construction work at the Yaloak South Wind Farm in Victoria.

The company also entered into a three year contract extension to deliver facilities management services at the Wollongong Universities Innovation Campus in NSW.

RCR Tomlinson reported a net loss of $16.2 million at 30 June 2016.
 

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