Horizon North Logistics Inc. Announces Master Teaming Agreem Horizon North Logistics Inc. Announces Master Teaming Agreement with EllisDon Corporation
Horizon North Logistics Inc. ("Horizon North" or the "Corporation") (TSX:HNL-TO.TO) announced today that the Corporation has entered into a master teaming agreement (the "Teaming Agreement") with EllisDon Corporation ("EllisDon").
The Teaming Agreement applies to specified projects such as hotels, commercial buildings, and multi-family structures to be undertaken by Horizon North's Modular Solutions division. Horizon North and EllisDon will select, pursue, and execute such projects jointly, bringing the respective strengths of each organization to customers.
"The rapid completion of projects that is characteristic of modular construction allows owners to begin to realize a return on their investment sooner," says Rod Graham, President and Chief Executive Officer of Horizon North. "The combination of shorter construction timelines, reduced waste, and lower energy consumption makes modular construction very attractive for a wide variety of projects. With complementary geographies and our shared commitment to world-class safety, Horizon North and EllisDon look forward to continuing to grow the deployment of modular construction in the Canadian market."
"In signing this agreement with Horizon North, we look forward to working with a corporation who shares our safety first culture and our focus on quality," says Geoff Smith, President and Chief Executive Officer of EllisDon. "We look forward to the success of this agreement and its focus on what our customers have come to expect from EllisDon and our partners - quality, innovation, and excellence."
"Horizon North strives to provide an exceptional experience in everything we do for our customers," adds Rod Graham. "This Teaming Agreement adds to our ability to provide that type of world-class service from the initial concept to the time our Modular Solutions customers open their doors for the first time."
https://www.theglobeandmail.com/investing/markets/stocks/HNL-T/pressreleases/3074982/
https://www.ellisdon.com/