Providing Access to New LNG Distribution in British Columbia
COLUMBIA, Md., Jan. 13, 2015 /CNW/ -- GP Strategies Corporation (NYSE: GPX), a global performance improvement solutions provider, recently completed the fabrication and construction of a new multimillion-dollar liquefied natural gas (LNG) trailer loading facility at the Mt. Hayes plant owned by FortisBC in Ladysmith, British Columbia. The Mt. Hayes LNG plant is designed to load LNG trailers at 1,100 to 1,500 liters [approximately 264 to 396 gallons] per minute and increases LNG distribution to the province of British Columbia.
"By adding trailer loading capacity to our Mt. Hayes LNG plant, FortisBC is responding to increased market demand for clean-burning LNG," said Doug Stout, Vice President, Market Development & External Relations at FortisBC. "This enhanced capacity provides our customers with greater certainty that LNG will be available to support their projects."
Mike Mackey, VP of GP Strategies' Alternative Fuels Division, stated, "We are pleased that FortisBC entrusted us to complete this work from design through commissioning. This project is in addition to the 100+ alternative fueling projects we have completed in 13 states and 4 provinces in North America and further demonstrates GP Strategies' capabilities to deliver world-class solutions to the LNG industry."
GP Strategies' Alternative Fuels Division is a leader in the design, fabrication, construction and maintenance of LNG, liquefied compressed natural gas (LCNG) and hydrogen fueling stations. To learn more, visit http://altfuels.gpstrategies.com/.
FortisBC is a regulated utility focused on providing safe and reliable energy, including natural gas, electricity and propane. FortisBC employs more than 2,200 British Columbians and serves approximately 1.1 million customers in 135 B.C. communities. FortisBC owns and operates two liquefied natural gas storage facilities and four regulated hydroelectric generating plants, approximately 7,150 kilometres of transmission and distribution power lines, and approximately 46,000 kilometres of natural gas transmission and distribution pipelines. FortisBC Inc. and FortisBC Energy Inc. do business as FortisBC. FortisBC is indirectly, wholly owned by Fortis Inc., a leader in the North American electric and gas utility business. Fortis Inc. shares are listed on the Toronto Stock Exchange and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com or www.sedar.com.
About GP Strategies
GP Strategies is a global performance improvement solutions provider of engineering, fabrication, construction, training, eLearning solutions, and management consulting services. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Additional information may be found at www.gpstrategies.com.
We make statements in this press release that are considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements reflect our current expectations concerning future events and results. We use words such as "expect," "intend," "believe," "may," "should," "could," "anticipates," and similar expressions to identify forward-looking statements, but their absence does not mean a statement is not forward-looking. These statements are not guarantees of our future performance and are subject to risks, uncertainties, and other important factors that could cause our actual performance or achievements to be materially different from those we project. For a full discussion of these risks, uncertainties, and factors, we encourage you to read our documents on file with the Securities and Exchange Commission, including those set forth in our periodic reports under the forward-looking statements and risk factors sections. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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SOURCE GP Strategies Corporation
For further information: Laura Baumann, Energy Services Marketing Manager, [email protected], (716) 799-1065 or Jamie Coffey, Director, Communications, [email protected], (443) 255-3400, http://www.gpstrategies.com