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ATCO Sustainable Communities Wins First Contract in Nova Scotia


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April 03, 2013 13:16 ET

ATCO Sustainable Communities Wins First Contract in Nova Scotia

Project to build fishing operations office facilities for Millbrook First Nation

CALGARY, ALBERTA--(Marketwired - April 3, 2013) - ATCO Sustainable Communities announced today that it has signed a contract with the Millbrook First Nation in Nova Scotia to design and build an office building and storage facility to replace a structure that was destroyed in a flood. The building will be used as office space by the First Nation to manage their commercial fishing operations. This is the first contract for the ATCO Sustainable Communities eastern operations office based in Ottawa, Ont.

"With more than 12 projects in northern and western Canada, we are thrilled to launch our first project on the east coast," said Boris Rassin, President, ATCO Sustainable Communities. "We look forward to building strong Aboriginal partnerships in eastern communities by providing sustainable facilities that meet their needs and reflect their heritage and culture."

The commercial fisheries office is an essential part of the Millbrook First Nation commercial fishing operation. It provides space for reception, storage and administration, as well as support to its fleet of boats and fishermen.

"It is thanks to ATCO's strong support at the project development stage and a remarkable product delivery timeframe that we can complete this project within a mandatory 51 day maximum schedule," said Chief Bob Gloade. "This project would not have been possible without the strong Millbrook-ATCO team and relationship that was developed at the early stages of discussion for this project."

ATCO Sustainable Communities combines ATCO's modern construction technology with its long history of forming successful Aboriginal partnerships to build facilities that reflect a community's cultural values while offering shorter timelines and dedicated quality control throughout the manufacturing process. By offering a turnkey solution, the company can design and build any facility a community may need ranging from offices, schools and daycare centres to residential housing, hockey arenas and retail outlets.

ATCO Sustainable Communities is part of the ATCO Group of Companies. ATCO Group, with more than 9,400 employees and assets of approximately $14 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Structures & Logistics (manufacturing, logistics and noise abatement), Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquids extraction) and Technologies (business systems solutions). More information can be found at [ www.atco.com ].

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "plan", "expect", "may", "will", "intend", "should", and similar expressions. These statements involve 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 statements. The Corporation believes that the expectations reflected in the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.

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

The forward-looking statements contained in this news release represent the Corporation's expectations as of the date hereof, and are subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.




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