Saunders International (ASX:SND) has been awarded a $16 million contract to design and construct storage tanks for a new petroleum products storage terminal near Whyalla, South Australia.
Design work will begin immediately and site work will commence in February 2015.
In FY2014, the company reported a net profit of $6.4 million, up from $5.2 million in FY2013.
Work in hand was $28 million.
News: Saunders International wins $16M contract for petroleum storage tanks
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