Britco and Tsleil-Waututh Enter Partnership
Innovative procurement agreement aimed at creating new business opportunities
VANCOUVER, June 3, 2013 /PRNewswire/ - 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 complexes.
"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 the region."
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 industry.
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.
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 appreciation.
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.
SOURCE WesternOne Inc.
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