EDMONTON, Aug. 26 /CNW/ - The Churchill Corporation (TSX: CUQ) announced
today that its wholly-owned subsidiary Triton Projects has been awarded a
contract to install a new gas-turbine-driven centrifugal compressor unit at
TransCanada Pipelines existing Woodenhouse Compressor Station.
Under the terms of the contract, Triton will perform all of the required
mechanical, electrical and control system modifications required for the
operation of the new compressor unit. The compressor unit will be installed in
a new stand-alone compressor building at TransCanada Pipelines Woodenhouse
Compressor Station. Construction will begin in September, with all work being
complete by May 2009.
Triton Projects is one of the largest industrial mechanical and boiler
companies in Western Canada complimented with a full scope of ASME and
provincial authorizations. Triton is full scope provider of heavy industrial
fabrication, construction, maintenance and turnarounds.
About The Churchill Corporation:
The Churchill Corporation provides building construction, industrial
construction and maintenance services throughout Western Canada. Churchill
common shares are listed on the Toronto Stock Exchange under the symbol "CUQ".
FORWARD LOOKING STATEMENTS
Certain statements in this Press Release may constitute "forward-looking
statements". Forward-looking statements include, without limitation,
statements regarding the future financial position, business strategy,
budgets, litigation, projected costs, capital expenditures, financial results,
taxes, plans and objectives of the Corporation. Many of these statements can
be identified by looking for words such as "believes," "expects," "may,"
"will," "intends," "anticipates," "estimates," "continues," or the negative
thereof, or other variations thereon. Although management of Churchill
believes its expectations regarding future performance of the Corporation are
based on reasonable assumptions and currently available competitive, financial
and economic data, market conditions and operating plans, it can give no
assurance its expectations will be achieved. The Corporation cautions that, by
their nature, forward-looking statements, involve risks, and uncertainties and
that its actual actions, and/or results could differ materially from those
expressed or implied in such forward-looking statements, and that the
aforementioned risks, uncertainties and actions could affect the extent to
which a particular projection materializes. The Corporation assumes no
obligation to update the forward-looking statements should circumstances or
the Corporation's management's estimates or opinions change.
For further information:
For further information: Andrew Apedoe, Vice President Investor
Relations & Secretary, The Churchill Corporation, (780) 454-3667, Email:
firstname.lastname@example.org, Website: www.churchillcorporation.com