Swansea Quarry - British Columbia

Industrial Services

The Industrial Services segment of The Churchill Corporation consists of CSG. CSG has four divisions, being Broda Construction, Laird Electric, Laird Constructors and the specialty services division, which consists of Fuller Austin and Northern Industrial. These companies service industrial clients with electrical, mechanical, concrete, insulation, maintenance, dirt-moving and other related services.

The industrial services divisions have the ability to contract with clients jointly or independently. Management believes that offering fully integrated industrial services through CSG has allowed and will continue to allow Churchill to pursue larger projects and contracts within the industrial environment.

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Broda Construction Inc., is headquartered in Prince Albert, Saskatchewan, providing aggregate processing, earthwork, civil construction, concrete production and related services to mining and infrastructure organizations as well as providing ballast to Canada’s two major railway corporations.

Laird Electric Inc. is headquartered in Edmonton, Alberta, and provides electrical, instrumentation and power-line construction and maintenance services to resource and industrial clients, primarily in the oil and gas industry within Fort McMurray and greater Edmonton regions.

Laird Constructors Inc. is headquartered in Sudbury, Ontario, and is a multi-trade contractor providing electrical, instrumentation, power-line, mechanical and structural construction and maintenance services to resource and industrial clients primarily in the mining and power generation industries in Ontario, Manitoba and Saskatchewan.

Specialty Services is headquartered in Edmonton, Alberta and consists of Fuller Austin Inc. and Northern Industrial Insulation Contractors Inc. It serves industrial clients with insulation, asbestos abatement, siding application, heating, ventilation and air conditioning ("HVAC") and plant maintenance services. Its clients are in the oil sands, oil and natural gas, petrochemical, forest products, power utilities and mining industries. 

Financial Parameters

In the first nine months of 2013, Industrial Services constituted 37% of Churchill’s consolidated revenue(1), 61% of EBITDA(1)(2)(earnings before interest, taxes, depreciation and amortization) and 18% of total backlog.

Notes:
(1) Excluding intersegment eliminations.
(2) Excluding the Corporate and Other segment.

© The Churchill Corporation 2014. All rights reserved.Reviewed on Dec 19, 2011