ATCO Awarded AUD$130 Million in Additional Work on Wheatstone Project

CALGARY, ALBERTA--(Marketwired - Feb. 19, 2015) - ATCO Structures & Logistics Pty. Ltd has been awarded additional scope to design, manufacture and install 435 modular units under its current agreement with Bechtel on the Chevron-operated Wheatstone Project in Western Australia. The additional work is valued at an estimated AUD$130 million and will commence in March 2015 with an expected completion in late 2015.

This additional work is the fourth major contract supporting liquefied natural gas projects in Australia, spanning both the resource-rich east and west coasts.

"ATCO is pleased to continue its work with Bechtel and Chevron on one of Australia's largest resource projects and to support the creation of jobs in the communities where we operate," said George Lidgett, President, ATCO Structures & Logistics. "Our investment in manufacturing in Western Australia has provided us with the flexibility to meet the varied requirements of partners in the state, as well as more broadly in the region, by utilizing a well-established local supply chain, ensuring the best quality and reliable product at a competitive price."

ATCO undertakes off-site construction and on-site installation simultaneously, using a coordinated Just-In-Time methodology. In 2013, the company opened the largest customized modular manufacturing facility in Australia with capacity to produce more than 250 modules per month, incorporating a high level of automation across all its manufacturing processes.

ATCO Structures & Logistics Pty. Ltd is the Australian division of ATCO Structures & Logistics Ltd. Headquartered in Brisbane, Queensland, the division has nine sales offices and three 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 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, go to www.atcosl.com.

ATCO Structures & Logistics is part of the ATCO Group of Companies. 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 (manufacturing, logistics and noise abatement), Utilities (pipelines, natural gas and electricity transmission and distribution) and Energy (power generation and sales, industrial water infrastructure, natural gas gathering, processing, storage and liquids extraction). More information can be found at www.atco.com.