CALGARY, Sept. 10, 2013 /CNW/ - The Churchill Corporation (TSX: CUQ, CUQ.DB) ("Churchill" or the "Corporation") today announced that Stuart Olson
Dominion Construction Ltd. ("Stuart Olson Dominion"), Churchill's
General Contracting segment, has recently been awarded new contracts
totalling $400 million.
These projects involve construction of municipal facilities, commercial
buildings, educational facilities, recreational facilities, healthcare
facilities and industrial buildings. These projects will be delivered
within Western Canada and the contracts will be added to the
Corporation's third quarter of 2013 backlog.
"Our project delivery approach is resonating with clients across Western
Canada, as evidenced by our near record backlog as at June 30, 2013 and
supported by today's further project announcement," said David LeMay,
Churchill President and CEO. "Our management and operations teams will
be focused on ensuring the successful delivery of these projects for
the benefit of our clients and the communities in which we operate."
About The Churchill Corporation
The Churchill Corporation provides building construction, commercial and
industrial electrical contracting, earthmoving and industrial
insulation services to an array of public and private sector clients.
Churchill operates office locations throughout British Columbia,
Alberta, Saskatchewan, Manitoba and Ontario. Churchill common shares
and convertible debentures are listed on the Toronto Stock Exchange
under the symbols "CUQ" and "CUQ.DB", respectively. www.churchillcorporation.com
Forward Looking Information
This press release contains certain statements that may constitute
forward-looking information within the meaning of applicable securities
laws. This forward-looking information includes, without limitation,
statements pertaining to the Corporation's future backlog levels.
Often, but not always, forward-looking information can be identified by
the use of such words as "may", "will", "expect", "believe", "plan",
"intend", "estimate", "outlook", "forecast", "should", "anticipate" and
other similar terminology, including statements concerning possible or
assumed future results. Forward-looking information is based on
management's reasonable assumptions, analysis and estimates in respect
of its experience and perception of trends, current economic
conditions, government policies and expected developments, as well as
other material factors that it considers to be relevant at the time of
making such statements.
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By its nature, forward-looking information involves known and unknown
risks and uncertainties, which give rise to the possibility that
management's assumptions, analysis and estimates will be incorrect and
that the Corporation's anticipated results will not be achieved.
Although the Corporation believes that the statements with respect to
forward-looking information are reasonable and current, such statements
should not be interpreted as a guarantee of future performance or
results, and will not necessarily be an accurate indication of whether
or not such results will be achieved. Forward-looking information is
necessarily subject to a number of factors that may cause actual
results to differ materially from those results implied by the
expectations suggested by such information. Those factors include,
without limitation, the risks and uncertainties described in the
Corporation's Annual Information Form filed with the securities
regulatory authorities in Canada under the Corporation's profile at www.sedar.com. Readers are encouraged to consider the foregoing risks and other
factors carefully when evaluating the forward-looking information and
are cautioned not to place undue reliance upon such information when
making investment decisions.
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The forward-looking information in this press release is current to the
date hereof, and is subject to change following such date. While the
Corporation may elect to do so, unless required by applicable law, it
undertakes no obligation to update this information to reflect new
information or circumstances at any particular time.
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SOURCE The Churchill Corporation
please contact:
Andrew Apedoe
Vice President, Investor Relations
The Churchill Corporation
(403) 685-7775
Email: inquiries@churchill-cuq.com
Copyright CNW Group 2013