Industry News

Garneau Inc. awarded equipment contract totalling $3.5 million CDN

Published on 2006-07-21. Author : SpecialChem

NISKU, AB -- Garneau Inc. (GAR:TSX) announced that it has been awarded a large Coating Equipment Contract for delivery in the United States. The total value of the contract is approximately $3.5 million CDN.

Garneau's equipment for the Fusion Bond Epoxy Plant including a pipe handling system will be shipped by the end of third quarter of 2006, and is expected to be fully operational by the end of the year.

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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