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Layne Christensen Announces $80 Million Heavy Civil Construction Project

Stocks in this article: LAYN

MISSION WOODS, Kan., March 6, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") today announced that Layne Heavy Civil will design and construct a wastewater collection and transmission project for the Cudjoe Regional Wastewater System in Monroe County, Florida. The agreement was signed with the Florida Keys Aqueduct Authority ("FKAA"), which is acting as the Program Manager on behalf of the Monroe County Commission, which is funding the project.

Engineering on this $80 million design-build project has commenced and construction is scheduled to begin in July 2013 and last for approximately two and one-half years.

The State of Florida mandated that all customers within Monroe County be connected to an advanced wastewater treatment facility before December 31, 2015. This project will help eliminate untreated wastewater effluent from polluting the nearshore waters of the Florida Keys.

The project – the single largest in terms of value and number of customers served ever undertaken by Monroe County – consists of wastewater service to the islands of Ramrod Key, Lower Sugarloaf Key, Little Torch Key, and Big Pine Key. The collection system includes approximately 500,000 linear feet of gravity sewer and low-pressure grinder sewer, with 40 neighborhood lift stations that serve approximately 4,500 customers. The transmission system consists of four master pump stations and PVC and HDPE pipeline laid along US Highway 1. Wastewater is being transferred to the central Cudjoe Treatment Facility, currently under construction.

Layne Heavy Civil was selected in a two-stage procurement process over three other proposals by a joint committee made up of County and FKAA officials. Layne Heavy Civil will implement the project using a combination of its own forces as well as local and regional small and minority businesses to meet FKAA participation goals.

Rene Robichaud, Chief Executive Officer of Layne, stated, "We are honored to have been selected to design and construct this landmark project for the people of Monroe County. Our Heavy Civil team continues to work very closely with Layne's executives across all divisions to identify and secure solutions-based project opportunities."

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