Lovat wins $54M contract for TBMs
A Lovat tunnel-boring machine.
TORONTO: Metrolinx, the Ontario agency charged with integrating transportation systems within the Greater Toronto Area (GTA), is buying four tunnel-boring machines (TBMs) from a Toronto manufacturer for a light-rail project.
The $54-million contract is going to Lovat Inc., a Caterpillar company that makes boring machinery for the construction of metro, railway, road, sewer, water main, penstock, mine access and telecommunications tunnels.
Lovat employs 380 people at its Toronto manufacturing facilities.
The machines will be used for the $4.6 billion Eglinton Crosstown Light Rail Transit (LRT) project, part of Metrolinx’s 5 in 10 Plan, which aims to build five big transit projects by 2020 with a budget of $9.5 billion.
Metrolinx said the project will create 46,000 jobs.
Tunnelling will commence under Eglinton Ave. in the spring of 2011.