Press release from Marketwire
ATCO Structures & Logistics Opens Manufacturing Plant in Australia
150,000 Sq. Ft. Facility Near Perth to Create 100 Local Jobs
Thursday, October 24, 2013
ATCO Structures & Logistics Opens Manufacturing Plant in Australia00:01 EDT Thursday, October 24, 2013
PERTH, AUSTRALIA--(Marketwired - Oct. 24, 2013) - ATCO Structures & Logistics Pty. Ltd (ATCO) announced today the official opening of its new manufacturing plant in Australia. The 150,000 sq. ft. (~14,000 sq. m.) facility, located in the Latitude 32 Industrial Zone in the city of Kwinana, is ATCO's newest modular manufacturing operation in Australia. With the addition of this facility, ATCO now operates six manufacturing plants in the country.
The site was chosen due to its proximity and access to distribution networks including road, rail and port as well as the capacity to draw on an established supply chain infrastructure and workforce for the future growth of the business. ATCO anticipates that the facility will create approximately 100 new jobs in the Kwinana area within the first three years of operation.
"The Kwinana plant will expand ATCO's manufacturing capacity in Australia and help us meet the growing demand for our products and services in the country, especially for large scale liquefied natural gas (LNG) and mining infrastructure projects," said Adam Beattie, Managing Director, ATCO Structures & Logistics Pty Ltd. "We see great opportunity in Western Australia and are committed to the region for the long term. ATCO will work with the local community to hire skilled trades people and production workers, ensuring that the Kwinana area fully benefits from ATCO's presence."
In Canada and around the world, ATCO has a long history of being an active corporate citizen in the communities where it operates. As a demonstration of this commitment, ATCO also announced today a new partnership with the City of Kwinana that will support the council's National Aboriginies and Islanders Day Observance Committee (NAIDOC) celebrations, a series of events that focus on promoting and increasing cross-cultural understanding of the city's large Indigenous population.
The Kwinana plant is currently manufacturing modular units for the Wheatstone Project that was recently awarded to ATCO. This was ATCO's fourth major contract award supporting LNG projects in Australia. In 2011 and 2012, ATCO delivered three large workforce housing projects for LNG facilities on Curtis Island, providing more than 6,000 beds for workers constructing LNG terminals.
ATCO Structures & Logistics Pty. Ltd is the Australian division of ATCO Structures & Logistics Ltd. Headquartered in Brisbane, Queensland, the division has nine branch offices and operates six manufacturing facilities throughout Australia. Established in 1961, the company has provided modular design, manufacturing, and construction services throughout Australia and Asia.
ATCO Structures & Logistics offers modular buildings, site services and industrial noise control solutions worldwide. It has manufacturing facilities in North America and Australia, and operations on five continents. To learn more, visit www.atcosl.com.
ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 9,400 employees and assets of approximately $15 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 on www.atco.com.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
ATCO Structures & Logistics Ltd. - Canada
Senior Advisor, External Communications
+1 403 292-7769 or Mobile: +1 403 826-0961
Corporate Affairs Manager
+61 8 9320 0252 or Mobile: +61 419 931 024