Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

ATCO Selected for Major B.C. Project

T.ACO.X

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 30, 2015) -

Editor's Note: There are two photos associated with this release.

ATCO Structures & Logistics (ATCO) has been chosen as the preferred proponent by BC Hydro to manufacture, install and operate a 1,600-person workforce housing facility for workers constructing the Site C Clean Energy Project on the Peace River in northeast B.C. ATCO will also provide a full suite of lodge-related services including catering, janitorial, maintenance, medical and fire protection.

ATCO was chosen through a rigorous and competitive process involving a large group of world-class bidders that ensured BC Hydro will receive best value for its project.

"Our ability to deliver a turn-key solution that covers both the building and operation of large workforce facilities provides our customers with efficiencies and cost benefits," said George Lidgett, President, ATCO Structures & Logistics. "When combined with our product quality and commitment to offering the best possible experience for workers at remote sites, we set ourselves apart within our industry."

When built, the lodge will feature a central lobby that will give the building an open, hotel-like feel as well as a multi-faith centre, 100-person movie theatre and licensed lounge, and a stand-alone gymnasium that will include a running track and separate weight training area. To further enhance remote working conditions, services such as physiotherapy, massage and hairdressing will also be available at the lodge.

Featuring single-occupancy bedrooms with ensuite bathrooms, television and Wi-Fi services, the custom-designed three-storey dormitories will reduce the lodge's environmental footprint. To service the site, ATCO will also build and maintain a wastewater treatment plant.

ATCO has been providing modular solutions to some of British Columbia's most important infrastructure projects for more than 40 years including a 600-person construction camp for the Kitimat LNG project and a 1,200-person facility for workers on the Rio Tinto Alcan smelter modernization project.

A definitive agreement is expected to be completed in the third quarter of 2015 and ATCO will provide a project value at that time. Manufacturing work is expected to begin once the agreement has been signed with an expected project completion in 2016. The agreement will include the provision of catering, janitorial, maintenance and site services until 2022.

ATCO Structures & Logistics offers modular buildings, site and camp services and industrial noise and emissions control solutions worldwide. With manufacturing facilities in North America and Australia, a global supply chain, and operations on five continents, the company has the expertise to rapidly deliver a turnkey solution anywhere it is needed. To learn more, visit atcosl.com.

With more than 9,000 employees and assets of approximately $18 billion, ATCO is a diversified global corporation delivering service excellence and innovative business solutions through leading companies engaged in Structures & Logistics, Utilities and Energy. More information can be found at atco.com.

Related Information:

atcosl.com

Lodging & Camp Services

Find Us:

@ATCOstructures

https://www.facebook.com/ATCOGroup

https://www.youtube.com/user/ATCOLimited

https://www.linkedin.com/company/atco-structures-&-logistics?trk=company_logo

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.

The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company.

The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon.

Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

To view the photos associated with this release, please visit the following links:

http://www.marketwire.com/library/20150430-1004682_1.jpg

http://www.marketwire.com/library/20150430-1004682_2.jpg

Media Inquiries:
Alisa Charkova
Senior Advisor, External Communications
ATCO Structures & Logistics
+1 403 292-7769
Mob. +1 403 826-0961



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today