Calgary, Alberta – September 20, 2011: Aecon Group Inc. (TSX: ARE) today announced the establishment of its Aecon West Headquarters in Calgary, Alberta.
“This new headquarters anchors Aecon’s presence in Western Canada,” said John M. Beck, Aecon’s Chairman and CEO, who was joined by Calgary Deputy Mayor Brian Pincott and Bruce Graham, President and CEO of Calgary Economic Development, for the announcement in Calgary.
“Aecon’s business in Western Canada has shown impressive growth over the past few years, to the point where today, Aecon’s revenue and employee base is as significant in Western Canada as it is in Eastern Canada,” said Beck. “Having a core office here enables us to further strengthen our key customer relationships in the west, integrate our diverse service lines to provide unparalleled solutions to our clients, and cement our ties to the business community in the west.”
Bruce Graham, President and CEO of Calgary Economic Development, praised Aecon for reinforcing its concrete presence in Calgary with a high level corporate office. “Aecon’s decision to choose Calgary confirms the message that Calgary is indeed a headquarter city and will continue to be a key driver in the Canadian economy in the years to come,” said Graham. “Aecon’s commitment to Calgary is good news for both business and people.”
“Calgary is a vibrant, bustling center of economic activity,” Beck said. “It is a natural fit for Aecon as one of Canada’s leading contractors. This is the ideal city from which to tackle the immense opportunities we see across Western Canada.”
Aecon is one of Canada’s largest contractors, and the largest publicly traded company in its industry. Aecon and its subsidiaries provide services to private and public sector clients throughout Canada and on a selected basis internationally. For over a century, Aecon and its predecessor companies have been involved in such projects as the CN Tower, the Vancouver Sky Train, the St. Lawrence Seaway, the Montreal Trudeau and Toronto Pearson International Airports, and the Halifax shipyards. Locally, Aecon has participated in the construction of Calgary landmarks such as the Petro-Canada Centre (now Suncor Energy Centre), and is currently working on the South Calgary Health Campus and the Stoney Trail / Crowchild Trail interchange. Other recent projects across Western Canada include the Centennial Centre for Interdisciplinary Sciences at the University of Alberta, the Fort McMurray Water Treatment Plant, the Port Mann Main Water Supply Tunnel in Vancouver, the Trans-Canada Highway upgrade at Lake Louise, the Georgia Hotel in Vancouver, the Spy Hill Peaking Station in Saskatchewan, the Regina Co-op Refinery, and numerous projects in the Alberta oilsands for clients such as Suncor Energy. Aecon is pleased to be recognized as one of the Best Employers in Canada. For more information, visit www.aecon.com.
ABOUT CALGARY ECONOMIC DEVELOPMENT
Calgary Economic Development (CED) is working to make Calgary the undisputed choice for people and business. As Calgary’s lead economic development agency, it works with businesses to facilitate growth, expedite local, national and international business investment and trade development opportunities and promote sustainable economic growth in the Calgary region. For more information on Calgary Economic Development, please visitwww.calgaryeconomicdevelopment.com and follow CED on Twitter - @calgaryeconomic.