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Stock impact report

North American Construction Group (NOA) Acquires Iron Mine Contracting [Yahoo! Finance]

North American Construction Group Ltd. Common Shares (no par) (NOA) 
Last north american construction group ltd. common shares (no par) earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
North American Construction Group Ltd. (NYSE:NOA) provides a wide range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily within the Canadian oil sands. North American Construction Group Ltd. (NYSE:NOA) received a boost on December 18 when the company announced that it had acquired Iron Mine Contracting (IMC), a Western Australian diversified mining services contractor. Valued at approximately C$115 million, the deal is aimed at bolstering NACG's presence in the Australian mining services, increasing its incremental EPS by approximately 20% in 2026. Joe Lambert, President and CEO of North American Construction Group Ltd. (NYSE:NOA), stated: “IMC represents a natural and strategic extension of our business into the Western Australian market. The IMC team has built a high-quality business with strong margins sharing NACG's core culture of operational and safety excellence. This acquisition provides a Show less Read more
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