ATCO Ltd.
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ATCO Ltd.
ATCO Structures & Logistics Ltd.

ATCO Structures & Logistics Ltd.

October 31, 2013 17:22 ET

ATCO to Provide Workforce Housing at Shell Carmon Creek

Bundled solution includes lodging, camp services, an office complex and remote site services

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2013) -

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ATCO Structures & Logistics (ATCO) has been awarded a contract to manufacture, install and operate a 1,200 person workforce housing facility for the Shell Carmon Creek Project near the town of Peace River in northern Alberta. The project will contribute to local economic growth and capacity building with ATCO's partner, the Woodland Cree First Nation (WCFN).

"Our complete suite of services to build and operate workforce housing facilities provides our customers with improved cost benefits," said Harry Wilmot, Chief Operating Officer, Energy & Industrials, ATCO Group & President, ATCO Structures & Logistics. "We are very pleased to work with Shell once again to provide a premier accommodations complex in this remote location."

ATCO looks forward to working in a joint-venture partnership (JV) with the WCFN. Established in 2010, The JV partnership will be supporting camp services for this project including camp management, catering, housekeeping and janitorial. This partnership has been structured in a way that will allow the WCFN to participate in all facets of the construction and operations of the facility.

"The Shell Carmon Creek Project is a significant economic opportunity for the Woodland Cree First Nation," said Chief William Whitehead of the WCFN. "Our JV partnership with ATCO works towards our goal of establishing an active and healthy business community that can serve the Peace River region and create local jobs."

The modular units for this project will be manufactured at ATCO's facilities in Calgary, Alberta and in Pocatello, Idaho. The core building within the lodge will consist of 94 modular units in combination with a panelized system in the lobby to create an open hotel-like feel. The dormitories will feature single occupancy bedrooms with ensuite bathrooms. In addition to relaxation and recreation rooms, a stand-alone gymnasium will include racquetball and squash courts, a running track and separate weight training areas. ATCO will also construct a 200 person open-plan office complex as part of the bundled solution. To service the site, ATCO will build and maintain a 1,500 person wastewater treatment plant. Manufacturing work is expected to begin in fourth quarter of 2013 and completion is scheduled for the second quarter of 2015.

The WCFN has three reserves of 16,106 hectares northeast of Peace River, Alberta. The First Nation has a registered population of approximately 1,000 people and is situated within the Treaty 8 traditional territory.

The Shell Carmon Creek Project is an in situ heavy oil project that will use steam recovery methods. Constructed in two phases, the expected lifespan of the project is more than 35 years and it is projected to produce up to 80,000 barrels per day of bitumen.

ATCO Structures & Logistics offers modular buildings, site services and industrial noise control solutions worldwide. With manufacturing facilities in North America, South America and Australia, and operations on five continents, the company has the expertise to deliver a rapid, turnkey solution anywhere it is needed. 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 $16 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.

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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Contact Information

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