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ATCO Ltd.
ATCO Structures & Logistics Ltd.

ATCO Structures & Logistics Ltd.
Canadian Utilities Limited
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Canadian Utilities Limited

January 22, 2010 13:41 ET

ATCO Structures & Logistics Constructs New Lodge in Estevan

Lodge Will Accommodate Demand for Workforce Housing

CALGARY, ALBERTA--(Marketwire - Jan. 22, 2010) - ATCO Structures & Logistics (ASL) today announced it is building and will operate an accommodation complex in Estevan, Saskatchewan to meet growing demand from the oil and construction industries.

The 202 room ATCO Lodge will be an "open camp" style accommodation for non-local workforce. It will be the fourth ASL center of operation in Saskatchewan.

"A number of companies involved in the Bakken oil play indicated a need for additional accommodation in the Estevan area," said Harry Wilmot, President, ATCO Structures & Logistics. "Additionally, other economic indicators in southeast Saskatchewan lead us to conclude that building an open lodge there will be a win-win for both ATCO and the community."

While the oil industry in southeast Saskatchewan is primed for a busy 2010, $1.65 billion in carbon capture and sequestration projects are also slated for the Estevan area. Meanwhile, another $38 million is being invested in improving and expanding two power plants, all of which is increasing demand for workforce housing.

"We are currently taking bookings," said Wilmot. At the same time, we are looking to hire staff to help run the lodge. It will employ up to 20 people."

The 35,000 square foot ATCO lodge is expected to open in March. It will offer private rooms and three meals a day. There will also be a games room, fitness centre and internet access. Accommodation will be available on a short or long-term basis.

In addition to the lodge in Estevan, ASL operates the Creeburn Lake Lodge and Barge Landing Lodge - in partnership with the Fort McKay First Nation near Fort McMurray. Both provide accommodation to workers in the oilsands.

ATCO has been providing camps and related operational services for more than 60 years, including operational support to NATO in Bosnia, Kosovo and Afghanistan.

ATCO Structures & Logistics is part of the ATCO Group of Companies and offers complete infrastructure solutions to customers worldwide. With manufacturing facilities in North America, South America, Australia, and the Middle East and operations on six continents, the company has the expertise to deliver a rapid, full turnkey solution anywhere it is needed.

ATCO Group is an Alberta-based, worldwide organization of companies with more than $9.9 billion in assets and 7,700 employees actively engaged in Energy, Utilities, Structures & Logistics and Technologies. More information can be found at www.atco.com.

For career opportunities at the ATCO Lodge in Estevan, please visit www.ATCOcareers.com.

To book a room at the ATCO Lodge in Estevan call: 1-888-6-Go-ATCO or 1-888-646-2826

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 Corporation 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 Corporation's expectations as of the date hereof, and is subject to change after such date. The Corporation 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.

Contact Information

  • ATCO Structures & Logistics
    George Lidgett
    Executive Vice President, Operations and Field Services
    (403) 292-7889
    www.atco.com