Tuesday, June 1st, 2010 - ATCO
New Perth office serves construction, mining and energy businesses across Western Australia

PERTH, AUSTRALIA--(Marketwire) - ATCO Structures & Logistics (ASL) has expanded its Australian operations through an agreement to acquire the assets of Arrow Holdings, based in Perth. The new Perth office provides space rental units and work camp solutions to construction, mining and energy businesses across Western Australia.

"Western Australia's vibrant economy provides an opportunity for our company to expand," said Michael Clennett, Managing Director, ATCO Structures & Logistics. "Purchasing Arrow Holdings provides ATCO the leverage it needs to offer current and future clients in Western Australia the highest level of products and services."

The Perth acquisition includes a manufacturing facility. It will be used for the construction of temporary or permanent site offices, lunchrooms, toilets, canteens, bunkhouses and cabins configured as single or multi-storey modular buildings. ASL has additional manufacturing capabilities in Townsville, Brisbane and Melbourne.

ATCO Structures & Logistics has been operating in Australia since 1961 and has a long history of providing quality modular solutions throughout Australia and Asia. Projects include a 600-person mining camp at the Koniambo nickel mine in New Caledonia; 300 temporary units at the 2000 Summer Olympics in Sydney, and a 20,000-person work-housing complex in the United Arab Emirates. The UAE complex supports the development of the multi-billion dollar Saadiyat Island tourism and cultural project.

ATCO Structures & Logistics, part of the ATCO Group, offers complete infrastructure solutions 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. To learn more visit www.atcosl.com.

ATCO Group, with more than 7,500 employees and assets of approximately $9.9 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquid extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). Full details can be found at 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.

To view a picture of the ATCO Structures & Logistics' 600-person workforce housing project at the Koniambo Nickel Mine in New Caledonia, off the east coast of Australia, please visit the following link: http://media3.marketwire.com/docs/531aco1


Contact Profile

Michael Clennett

P: (617) 3803-6345
W: www.atco.com


New Perth office serves construction, mining and energy businesses across Western Australia



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