New contract to Kvaerner North American Construction Inc.

12 FEB 2013 Kvaerner North American Construction Inc. (“Kvaerner NAC”), a subsidiary of Kvaerner, has received a contract to perform construction services for the reline of the No. 8 Blast Furnace at United States Steel Corporation Gary Works in Gary, In.

Kvaerner NAC has a long history at U. S. Steel Gary Works with performing maintenance and capital projects at the facility for the past 25 years.  The project will be executed under an agreement between Kvaerner NAC and United States Steel with a value in excess of USD 60 million.

Steve Harker, President Kvaerner NAC, said “We are honoured to be selected for the Gary Works No. 8 Blast Furnace reline project and look forward to continuing our long standing relationship with United States Steel.”

The project is scheduled to begin immediately with completion in September 2013.