VANCOUVER, British Columbia , Aug 4 (Reuters) - Canam Group CAM.TO said on Tuesday one of its units has won a contract worth almost C$60 million ($56 million) to help build a retractable roof on the new Marlins baseball park near Miami, Florida.
The contract, which was won by Canam’s Structal-Heavy Steel Construction unit, includes project management services, the fabrication and erection of steel components and the installation of the opening mechanism for the retractable roof.
Canam’s shares rose 5 percent or 40 Canadian cents to C$7.49 on the Toronto Stock Exchange.
The US$515 million ballpark, which will seat 37,000, is scheduled to open for the 2012 baseball season.
Structal will work on the project with U.S.-based Hunt Construction Group and Moss & Associates, a building contractor in Florida.
Over the years, Saint-Georges, Quebec-based Canam and Structal have been associated with several other stadium construction projects for Major League Baseball teams, including the New York Yankees.
$1=$1.07 Canadian Reporting by Nicole Mordant; editing by Rob Wilson