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Garneau Inc. awarded coating equipment contract $1 million

Published on 2007-04-04. Author : SpecialChem

NISKU, AB -- Garneau Inc. (GAR:TSX) announces that the Corporation has recently been awarded a design and manufacturing contract for custom coating equipment for a major global leader in the pipe coating industry. The total value of the contract is approximately $1 million CDN and the equipment is expected to be completed during the second quarter of 2007.

Garneau's reputation for innovative design and manufacturing of quality coating plants continues to grow based on the exportation of coating equipment worldwide. This is our first major supply of equipment to this global leader and Garneau would like to cultivate the relationship further to expand on their global presence.

About Garneau Inc.

Garneau Inc.'s primary business is the application of high performance protective coatings and linings for oil and gas pipeline protection. Additionally, Garneau Inc. designs and fabricates oilfield equipment for both domestic and international markets. During more than 30 years of operating experience, Garneau Inc. has developed significant expertise and innovative technology, and has maintained a long-term focus on continuously improving the pipe coating process with cost-effective, quality coatings. A talented and effective management team provides the vision and experience for long-term profitable growth and increasing shareholder value.

Source: Garneau Inc.


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