Aegion Corporation Awarded $5.1 Million Wastewater Rehabilitation Project for Metropolitan St. Louis Sewer District

SAINT LOUIS, MO (STL.News) – Aegion Corporation (NASDAQ:AEGN) today announced that its subsidiary, Insituform Technologies, LLC, has been awarded a contract valued at $5.1 million from the Metropolitan St. Louis Sewer District (MSD) to complete the rehabilitation of over 18 miles of 6- to 96-inch wastewater pipelines using Insituform® CIPP.  Insituform expects to begin the project by August 2019 and to complete the project within two years.

Charles R. Gordon, Aegion President and Chief Executive Officer, said, “We are pleased to have been awarded this contract from MSD. Insituform is based in St. Louis and MSD is one of our oldest municipal customers.  Safety remains our top priority and we will work closely with MSD and our subcontractors to ensure this project is successfully and safely completed.”