Mr. Terry Bergan reports
IRD'S CHILEAN SUBSIDIARY RECEIVES USD $1.35 MILLION WEIGH STATION CONTRACT
PAT Traffic Ltda., International Road Dynamics Inc.'s wholly owned subsidiary in Chile, has been awarded a major contract in Chile with a Chilean concessionaire, SACYR Chile, valued in $1,353,500 (U.S.). The contract includes the supply and installation of new, state-of-the-art weigh-in-motion and related control equipment at five truck weigh stations; three in the north of the country and two in the south. Four of the stations will be completed in 2015 and one in 2016.
"This contract further expands PAT Traffic Chile's presence in the country," commented Terry Bergan, IRD's president and chief executive officer. "Our team in Chile continues to successfully expand in the region, and profitably build its installed base and reputation for high-quality service and support throughout Latin America. We look forward to continued growth going forward."
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