Earthwork in Reykjanesbæ
Stefán Friðfinnsson, President & CEO of IPC, and Árni Sigússon, the Mayor of Reykjanesbæ, signed a contract on 14th March. This contract covered the blasting and removal of rock on an area of land near Helguvík harbour on which it is planned to erect a steel pipe manufacturing company. IPC was the lowest bidder.
The area of land is to be lowered around 15 to 20 meters with blasting and ripping. The fill and rocks will be transported to the sea front between Keflavík and Njarðvik and used for harbour walls and landfill.
About 20 IPC employees have commenced work. The Project Manager is Guðgeir Sigurjónsson and the Foreman is Ágúst Ólafsson. The project is scheduled to be completed on 1st June, 2004.