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Pitt-Des Moines Bridge Division Wins $23 Million Contract

5 October 1999

Pitt-Des Moines Bridge Division Wins $23 Million Contract With Michigan Department of Transportation

    THE WOODLANDS, Texas--Oct. 4, 1999--PDM Bridge, a division of Pitt-Des Moines, Inc. (AMEX:PDM), announced today that it has been awarded a $23 million contract from the Michigan Department of Transportation (DOT) to fabricate approximately 11,000 tons of structural steel.
    The steel will be used for bridges on U.S. Highway 131 over Grandville Avenue and the Grand River in Grand Rapids, Mich. PDM Bridge will deliver the steel in April and September 2000. The Michigan DOT is targeting completion of the bridge by November of 2000.
    Funding for this project was provided through a combination of federal, state and local dollars, including Michigan Governor John Engler's Build Michigan II plan and the federal funding legislation known as TEA-21.
    Headquartered in Eau Claire, Wis., PDM Bridge fabricates steel for complex bridge structures including bascule bridges, vertical lift bridges, tied arch bridges and truss bridges.
    Pitt-Des Moines is a 107-year-old diversified company that operates in two business segments: heavy construction and steel distribution.
    The company's heavy construction business designs and builds tanks and systems for liquid and low-temperature cryogenic storage, fabricates steel bridges, fabricates and erects steel structures for buildings, and designs and builds water storage systems.
    PDM Steel Service Centers distribute and provide value-added processing for a full line of heavy carbon steel products through eight steel service centers and three culvert pipe facilities.