- CUQ 8.10
- -0.10 0.25%
The Industrial Services segment of The Churchill Corporation includes five profitable and growing companies: Broda Construction, Laird Electric, Laird Constructors and two insulation companies, Fuller Austin and Northern Industrial. These companies service industrial clients with electrical, mechanical, concrete, insulation, maintenance, dirt-moving and other related services.
Laird Electric, Laird Constructors, Fuller Austin and Northern Industrial offer bundled services as the Churchill Services Group, which also has the capability of bringing the services of Broda Construction and Stuart Olson Dominion's industrial building capabilities to clients.
Laird Electric Inc., with headquarters in Edmonton, Alberta, and Laird Constructors Inc., with headquarters in Sudbury, Ontario, provide electrical, instrumentation and power-line construction and maintenance services to resource and industrial clients. Laird Constructors also provides mechanical and structural services.
Fuller Austin Inc. and Northern Industrial Insulation Contractors Inc., both also headquartered in Edmonton, serve industrial clients with insulation, asbestos abatement, siding application, HVAC (heating, ventilation and air conditioning) and plant maintenance services. Fuller Austin serves unionized sites and Northern Industrial serves non-union sites. Clients are in the oilsands, oil and gas, petrochemical, forest products, power utilities and mining industries.
Broda Construction Inc., with its headquarters in Prince Albert, SK, provides aggregate processing, earthwork, civil construction, concrete production and related services. Broda serves a broad range of organizations, including Canada’s two major railway corporations, Saskatchewan’s major potash and uranium producers, and Saskatchewan’s infrastructure organizations.
For the first quarter of 2013, Industrial Services constituted 33% of Churchill’s consolidated revenue(1), 64% of EBITDA(1)(2)(earnings before interest, taxes, depreciation and amortization) and 23% of total backlog.
Notes:
(1) Excluding intersegment eliminations.
(2) Excluding the Corporate and Other segment.
