Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Stantec Inc.    STN   CA85472N1096

STANTEC INC.

(STN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Stantec : celebrates grand opening of Good Samaritan Hospital's $14 million pediatric emergency department

11/30/2020 | 03:29am EST

Leading global design firm Stantec celebrates the completion of the new $14 million pediatric emergency department at Good Samaritan Hospital in West Islip. The hospital, which serves approximately 22,000 pediatric patients each year, had outgrown its existing emergency department in recent years. Through a planning and design effort led by Stantec, this 6,500 square foot modular expansion has enabled the hospital to add 12 treatment bays, two of which are isolation rooms, dedicated to critical pediatric care.

'At a time of great uncertainty, we are proud that we were able to follow through on our promise to the local community with the on-time opening of our new pediatric emergency ward,' said Ruth Hennessey, president of Good Samaritan Hospital. 'This new facility will improve operational efficiency and provide a more calming environment for our young patients and their families in a quieter, more intimate area.'

Comprised of 16 modular units, the project's interiors include large exam rooms with sound rated walls and doors. Modular construction enabled the project team to also create larger corridors and storage alcoves that house the multitude of medical equipment that must support an emergency department, but often encumbers the space.

'From the early stages of this project, it was clear that an addition would best accomodate Good Samaritan Hospital's goal to create a dedicated space for the emergency care of its youngest patients. Given the site logistics, the modular building approach became the ideal solution,' said Ed Casper, project architect for Stantec. 'We were proud to work hand-in-hand with the hospital in making this dream come true by implementing child-friendly interior design features, maximizing the use of natural light and acoustics for comfort and privacy, and, of course, creating a seamless flow between spaces for staff efficiency.'

Stantec led the planning, architecture, and interior designs for the project, alongside general contractor Axis Construction Corporation and modular manufacturer MODLOGIQ. The firm also assisted with state and local permitting, allowing the project to quickly advance from initial approvals and begin modular fabrication in December 2019.

A modular approach to construction
From its inception, the project called for modular components, which allowed the project team to expand the existing facility with minimal impacts to hospital operations from construction staging.

'In traditional construction projects with a limited site footprint, parking spaces are some of the first areas to be occupied by construction activities. This was simply not an option for this facility, which has one of the busiest emergency departments on Long Island,' said Ralph Lambert, chief executive officer of Axis Construction Corporation.

The modules were built by MODLOGIQ in neighboring Pennsylvania and were nearing completion as the COVID-19 crisis began to escalate in early March, causing construction sites across the state to shut down. However, since the modules were being fabricated in a controlled facility, the work was allowed to continue. The modules arrived on site in April and were dropped into place within three days, allowing the project to proceed on schedule. In the months leading up to the grand opening in July, on-site work included installation of HVAC systems and interior finishes, which were designed to create a seamless appearance with the rest of the hospital.

'Permanent modular construction is increasingly being utlitized in healthcare for its flexibility and speed of delivery once approvals are in place from local authorites. Approximately 25 percent of Stantec's healthcare projects use prefabricated elements, with this figure increasing every year,' said Casper. 'Looking back and considering the impacts of the COVID-19 pandemic, we realize how important it was to use modular construction in supporting the needs of this client and the community they serve.'

Stantec is consistently ranked among the top five design firms in the healthcare space by Modern Healthcare, Commercial Construction & Renovation, and BD&C. Through our designs, we put clients at the forefront of best practice, technology innovation, and high-performance healthcare delivery. Learn more at stantec.com/healthcare.

About Stantec
Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. That's why at Stantec, we always design with community in mind.

We're designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe.

Stantec trades on the TSX and the NYSE under the symbol STN.

For more information about Stantec's response to COVID-19, visit Responding to COVID-19.

Media Contacts

Maggie Meluzio
Stantec Media Relations
(781) 221-1002
maggie.meluzio@stantec.com

Trevor Eckart
Stantec Media Relations
(215) 665-7187
trevor.eckart@stantec.com

Disclaimer

Stantec Inc. published this content on 30 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2020 08:28:07 UTC


© Publicnow 2020
All news about STANTEC INC.
01/15STANTEC : awarded five-year contract to lead upgrades at the Pacific Northwest's..
PU
01/14STANTEC : to support socio-economic development of Turkish Trakya region
PU
01/14STANTEC : Gregory Chilik joins Stantec to oversee growth in Bus Rapid Transit pr..
PU
01/14STANTEC : moves to a new office in Puerto Rico
PU
01/13STANTEC : adds team of environmental scientists to Gulf Environmental Services P..
PU
01/13STANTEC : Brian Weinstein joins Stantec as firm grows its Federal Programs team ..
PU
01/12STANTEC : Adam Maleitzke, AICP, joins Stantec to lead and grow Urban Design and ..
PU
01/12HYCROFT MINING : Names John William Henris as Operations Chief
MT
01/12STANTEC : Honolulu selects Stantec to lead transit operations analysis
PU
2020STANTEC INC. : Ex-dividend day for
FA
More news
Financials
Sales 2020 3 703 M 2 915 M 2 915 M
Net income 2020 188 M 148 M 148 M
Net Debt 2020 389 M 306 M 306 M
P/E ratio 2020 26,3x
Yield 2020 1,41%
Capitalization 4 931 M 3 871 M 3 882 M
EV / Sales 2020 1,44x
EV / Sales 2021 1,37x
Nbr of Employees 22 000
Free-Float 99,7%
Chart STANTEC INC.
Duration : Period :
Stantec Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends STANTEC INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Average target price 48,05 CAD
Last Close Price 43,99 CAD
Spread / Highest target 18,2%
Spread / Average Target 9,22%
Spread / Lowest Target -4,52%
EPS Revisions
Managers and Directors
NameTitle
Gordon Allan Johnston President, Chief Executive Officer & Director
Douglas K. Ammerman Chairman
Theresa B. Y. Jang Chief Financial Officer & Executive Vice President
Chris McDonald Chief Information Officer & Senior Vice President
Robert J. Gomes Director
Sector and Competitors
1st jan.Capitalization (M$)
STANTEC INC.6.56%3 871
VINCI SA4.28%57 800
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED1.81%32 778
LARSEN & TOUBRO LIMITED6.38%26 275
CHINA RAILWAY GROUP LIMITED7.21%19 920
FERROVIAL, S.A.-7.17%18 400