Horizon North is a leader in the modular construction industry and will add over 1,100 beds to the existing Kobes Creek Lodge camp facility. — Photo courtesy Horizon North
Horizon North Logistics Inc. announced that its Industrial Services division, through the Halfway River Horizon North Camp Services Limited, has been granted a conditional award for the provision of full turn-key camp facilities and services in the North Montney region of northeast British Columbia.
The conditional award provides for the construction of two new workforce accommodations facilities of 575 and 610 beds respectively and the utilization of Horizon North’s existing Kobes Creek Lodge open camp. The conditions of the award include external regulatory approvals, customer internal approvals, and agreement on final contract terms between the customer and Halfway River Horizon North.
Revenue for the full term of the award is expected to be $63 million over the period of August 2018 to November 2019. The two new facilities and an expansion of Kobes Creek Lodge will be comprised entirely of existing fleet. The capital required primarily to install and mobilize the facilities is included in the Corporation’s existing 2018 capital plan.
“This conditional award pairs Horizon North’s presence as the largest open camp provider in the Montney region with our dedication to strong partnerships with Aboriginal communities,” says Rod Graham, President and Chief Executive Officer of Horizon North. “We look forward to continuing our work with the customer towards a completed contract and implementing our full turn-key workforce accommodations solutions with our partners from Halfway River First Nation.”
“Including Halfway River First Nation, Horizon North maintains 23 partnerships with Aboriginal communities across western and northern Canada and a dedication to employing members of those communities on our projects,” adds Rod Graham. “The strength of our relationships is valued by our customers and recognized along with our high-quality full turn-key offering and our best in class safety record as reasons for doing business with Horizon North.”
“This conditional award shows the significant benefits that our Halfway River Horizon North partnership can bring to our community,” says Chief Darlene Hunter of the Halfway River First Nation. “From projects like these, we look forward to continuing to build financial prosperity, job opportunities and growth for our First Nation members.”
Horizon North is a publicly listed corporation (TSX: HNL.TO) providing a full range of industrial, commercial, and residential products and services. Our Industrial Services division supplies workforce accommodations, camp management services, access solutions, maintenance and utilities. Our Modular Construction division integrates modern design concepts and technology with state of the art, off-site manufacturing processes; producing high quality building solutions for commercial and residential offerings including offices, hotels, and retail buildings, as well as distinctive single detached dwellings and multi-family residential structures. As a result of our diverse product and service offerings, Horizon North is uniquely positioned to meet the needs of our customers in numerous sectors, anywhere in Canada.
