Innovative procurement agreement aimed at creating new business
VANCOUVER, June 3, 2013 /CNW/ - WesternOne Inc. (TSX: WEQ, WEQ.DB,
WEQ.DB.B, WEQ.DB.C) today announced that its modular building division
Britco and the Tsleil-Waututh Nation have entered into a procurement
partnership that will see both parties work together to create new
business opportunities for both the company and the First Nation.
"Britco is a leading BC construction company. Its modular approach to
building is a more sustainable, faster and smarter way to build,
something we value tremendously," said Leonard George, Director of the
Tsleil-Waututh Nation Economic Development Corporation.
Britco and Tsleil-Waututh will be working together to source
opportunities to rent and sell temporary or permanent modular
buildings. In addition, they will be seeking to secure projects that
require design-build and construction management expertise, such as
residential housing, seniors' accommodations, daycares, or office
"The Tsleil-Waututh Nation has a strong track record of building
partnerships focused on long-term value-creation for the community as a
whole," said Mike Ridley, President of Britco. "We are looking forward
to working closely with the Tsleil-Waututh Nation to provide
sustainable modular building solutions on major projects in and around
About Tsleil-Waututh Nation:
Tsleil-Waututh Nation is a progressive and vibrant Coast Salish
community of approximately 500 members located along the shores of
Burrard Inlet in North Vancouver, BC. www.twnation.ca
With over 1,000 employees in Australia, Canada, and the United States,
Britco is one of the largest modular construction companies in the
Britco provides temporary and permanent residential and commercial
modular buildings and offers, not only leading design-build
capabilities but also turn-key construction project management services
for a wide range of customers in the infrastructure, construction,
energy and resource sectors. Britco also has one of the largest lease
fleets of office complexes, construction site offices, sales centres
and storage containers in British Columbia. Britco is headquartered in
Langley, British Columbia.
Additional information about Britco is available at www.britco.com or www.weq.ca.
About WesternOne Inc.
WesternOne Inc. seeks to acquire and grow businesses in the construction
and infrastructure services sector in order to generate stable and
growing dividends to its shareholders and to achieve capital
Additional information about WesternOne Inc. is available at www.weq.ca or www.sedar.com.
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.
SOURCE: WesternOne Inc.
For further information:
Andrew Greig, Manager of Investor Relations
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (604) 678-4042