Armtec Announces Don Cameron and Chuck Phillips Have Joined Board of Directors

Toronto Stock Exchange: ARF; ARF.DB

GUELPH, ON, Jan. 4, 2011 /CNW/ - Armtec Infrastructure Inc. ("Armtec") (TSX:ARF; ARF.DB) today announced that Don Cameron and Chuck Phillips have joined the Board of Directors.

Mr. Cameron, a resident of Kings Head, Nova Scotia, comes to Armtec with considerable experience in the private and public sectors.  From mid-2004 to 2007, Mr. Cameron was the president of Maritime Steel and Foundries Limited, a privately held enterprise with diversified holdings that included a steel foundry, fabrication plant, and steel culvert manufacturing division.  From 2000 to 2004, he was Vice President of Corporate Development of Cameron Publications. In this role, Mr. Cameron led the reorganization of the printing and publication business which was merged with a larger organization, listed as a public company, culminating in the planned sale of the business. 

Mr. Cameron was Premier of Nova Scotia from 1991 to 1993, prior to which he held several prominent Cabinet portfolios over the course of a political career spanning 19 years. He also served as Canadian Consul-General in Boston from 1993 to 1997.

Mr. Cameron played a leading role in the establishment of the Organic Agricultural Centre of Canada.  In 1970, he founded Sunny Cove Farms, which in five years grew to become one of the largest dairy farming operations in Nova Scotia.

Mr. Cameron holds a Bachelor of Science degree from McGill University in Montreal.

Mr. Phillips has been President and Chief Executive Officer of Armtec since January 1999. Previously, he held progressively senior positions at Jannock Limited during his tenure with that company, which began in 1987. From 1998 to 1999, Mr. Phillips was President of the Big 'O' Division of Jannock Limited; from 1995 to 1998, he was Vice President, Finance of the Jenisys Engineered Products Division of Jannock Limited; and from 1990 to 1995, he was Director, Finance of the Jannock Steel Division. Mr. Phillips is a trustee of Strongco Income Fund and a director of Canadian Wireless Limited. Mr. Phillips is the Chair of Cambridge Memorial Hospital Board. He is a Chartered Accountant and holds a Bachelor of Commerce degree from the University of Toronto.

"The experience of both Don Cameron and Chuck Phillips in both the public and private sectors will be a considerable benefit to Armtec and we welcome them as members of the Board," said Robert Wright, Chairman. 

About Armtec Infrastructure Inc.

Armtec Infrastructure Inc. is a leading manufacturer and marketer of a comprehensive range of infrastructure products and engineered construction solutions for customers in a diverse cross-section of industries that are located in every region of Canada, as well as in selected markets globally. These markets include Canada's national and regional public infrastructure markets and private sector markets in construction, commercial building, agricultural drainage and natural resources. Operating through its network of regional offices and production facilities across the country, Armtec's broad range of engineered solutions include products for drainage, bridge applications, soil retention, rehabilitation and water management systems including corrugated high-density polyethylene, corrugated steel and concrete pipe; an array of architectural and structural precast and pre-stressed concrete products from steps, paving stones, slabs and wall panels to highly engineered structural components designed and installed for projects such as bridges, sports venues and parking garages; and, a full suite of noise barriers, acoustic enclosure and wall systems along with associated retaining wall and traffic barrier systems. For more information, please visit

Forward-Looking Statements

This news release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). All statements other than statements of historical fact contained herein are forward-looking statements, including, without limitation, the expected date the Common Shares and the Debentures will be listed on the Toronto Stock Exchange. Prospective investors can identify many of these statements by looking for words such as "believe", "expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "continues" and similar words or the negative thereof. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. Forward-looking statements reflect current expectations regarding future events and are based information currently available to the management of Armtec. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.

By their nature, forward-looking statements require assumptions and are subject to inherent risks and uncertainties, including those discussed herein. There is significant risk that forward-looking statements will not prove to be accurate. You are cautioned not to place undue reliance on forward-looking statements made herein because a number of factors could cause actual future results, conditions, actions or events to differ materially from the expectations, estimates or intentions expressed in the forward-looking statements.

The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: industry cyclicality; competition; reduction in demand for products; collection from customers; relationships with suppliers; lack of long-term agreements; expiration of rights under licence and distribution arrangements; raw material price volatility; product liability; intellectual property; reliance on key personnel; environmental; collective bargaining; interest rates; uninsured and underinsured losses; operating hazards; risks of future legal proceedings; dependence on other Armtec subsidiaries; income tax matters; leverage and restrictive covenants; credit facilities; distribution of securities on redemption or termination of Armtec; restrictions on potential growth; and potential dilution. You are cautioned that the foregoing list of factors is not exhaustive and that when relying on forward-looking statements to make decisions with respect to Armtec, investors and others should carefully consider these factors, as well as other uncertainties and potential events, and the inherent uncertainty of forward-looking statements.

The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. Armtec undertakes no obligation to publicly update or revise any forward-looking statements except as expressly required by applicable securities law.

Risks related to Armtec have been summarized in Armtec's latest Annual Information Form, Management's Discussion and Analysis included in the Annual Report and quarterly financial reports available on or Armtec's web site at


SOURCE Armtec Infrastructure Income Fund

For further information:

Charles M. Phillips James R. Newell Carrie Boutcher
President &
Chief Executive Officer
Chief Financial Officer Vice President,
Investor Relations & Treasurer
Tel:  (519) 822-0210 Tel:  (519) 822-0210 Tel:  (519) 822-0210
Fax: (519) 822-8894 Fax: (519) 822-8894 Fax: (519) 822-8894

Profil de l'entreprise

Armtec Infrastructure Income Fund

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