Harry Wilmot Appointed President & Chief Operating Officer Of ATCO Structures & Logistics as Amalgamation Transaction Finalized
02 Luglio 2009 - 6:36PM
Marketwired Canada
On July 1, 2009, ATCO Ltd. ("ATCO") and Canadian Utilities Limited ("CU")
finalized the previously announced transaction to combine ATCO Structures Inc.
and ATCO Noise Management Ltd., both wholly-owned subsidiaries of ATCO, with
ATCO Frontec Corp., a wholly-owned subsidiary of CU, to form ATCO Structures &
Logistics Ltd.
ATCO and CU have ownership interests of 75.5% and 24.5% respectively in the new
company.
Harry Wilmot has been appointed President & Chief Operating Officer, ATCO
Structures & Logistics Ltd. Mr. Wilmot brings to the position more than 30 years
of ATCO experience. He was most recently President & Chief Operating Officer,
ATCO Structures and ATCO Frontec.
ATCO Ltd., an Alberta-based worldwide organization of companies with assets of
approximately $9.8 billion and more than 7,700 employees, is comprised of three
main business divisions: Power Generation, Utilities (natural gas and
electricity transmission and distribution) and Global Enterprises (industrial
manufacturing, technology, logistics and energy services). More information
about ATCO Ltd. can be found on its website, www.atco.com.
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.
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