|By Marketwired .||
|May 1, 2014 12:05 PM EDT||
PRINCE RUPERT, BRITISH COLUMBIA -- (Marketwired) -- 05/01/14 -- Prince Rupert based Coast Tsimshian Enterprises Limited Partnership, jointly owned by the Metlakatla First Nation and Lax Kw'alaams Band, and NCSG Crane and Heavy Haul Corp. have formed Coast Tsimshian/NCSG Crane and Heavy Haul Limited Partnership a first nation majority owned business to exclusively pursue crane, rigging and heavy haul related project and maintenance work occurring on the traditional lands of the Lax Kw'alaams and Metlakatla First Nations.
This historic partnership between a business owned by the two local First Nations and Canada's leading Crane and Heavy Haul company will result in an entity capable of providing full service, price competitive crane, rigging and heavy haul services with world class safety and customer service to local businesses, regional infrastructure projects and the upcoming LNG projects in the area.
"It represents an opportunity for us to provide meaningful careers for our people in the crane and heavy haul business for the long term," said Mayor Gary Reece of the Lax Kw'alaams Band.
"This Partnership will allow both First Nations to take economic advantage of the existing and upcoming work in the region," said Chief Harold Leighton of the Metlakatla First Nation. "We have a proud heritage of economic development and cooperation between our nations and with leading businesses such as NCSG and this agreement builds on that."
"With our local operations in Prince Rupert as a result of our acquisition of Doug's Crane in December of 2013 as well as a highly trained group of B.C. based operators and over 280 cranes and a large heavy haul fleet, we are uniquely positioned to handle the large upcoming LNG and other projects in the area," said Ted Redmond, CEO of NCSG. "By working with Coast Tsimsian we will build an even stronger local work force including a significant First Nations contingent."
About NCSG Crane and Heavy Haul Services
NCSG began as Northern Crane Services. The company was founded in 1987 by an aboriginal owner and purchased in 2006 by the current investor group. Since that time, NCSG has done eight follow-on acquisitions and grown at a compound annual growth rate of approximately 30%.
NCSG, based in Edmonton, Alberta, is one of the largest Crane and Heavy Haul companies in North America. NCSG provides rigging, lifting and heavy haul services throughout the North/South Energy corridor. In Canada, NCSG now has branches in Prince Rupert, Terrace/Kitimat, Fort St John and Tumbler Ridge in British Columbia; Calgary, Leduc/Nisku, Edmonton, Fort McMurray, Grande Prairie, Wabasca and Bonnyville in Alberta; and Regina in Saskatchewan. In the U.S., NCSG has branches in Soda Springs, Idaho; Billings and Sidney in Montana; Williston and Dickinson in North Dakota; and Odessa, Texas. NCSG has a diverse fleet of over 280 cranes ranging in size from 8 to 1350 tons as well as a highly specialized heavy haul tractor and trailer fleet servicing the refining, oil sands, upstream oil and gas, LNG, mining, infrastructure, commercial and wind/utility industries.
About Coast Tsimshian Enterprises Limited Partnership
This partnership, jointly and equally owned by the Metlakatla and Lax Kw'alaams First Nations. The partnership was formed to pursue opportunities that jointly benefit both First Nations.
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