News Release
Formed in
The acquisition strengthens AECOM’s oil and gas business by further
diversifying its end market exposure through FTS’ 2,000 employees and
skilled trades professionals, strong market position and solid
opportunity pipeline. With FTS,
“Our acquisition of the remaining 50 percent in FT Services further
strengthens our highly differentiated and complete offering within the
Canadian oil and gas market, and enables a true full suite of services
to leading energy clients, particularly in regards to growing
maintenance needs,” said
About
About FT Services
FT Services delivers large scale maintenance and turnaround services for Canada’s energy and resource facilities. We manage all sizes of work packages in support of maintenance activities at a number of customer sites including oil sands mining and refinery settings - from long term maintenance program management to small optimization projects and outages. FT Services provides a full spectrum of integrated services through three service lines: maintenance, turnarounds and sustaining projects; as well as offering a number of complementary skilled trades specialty services. FT Services continues to grow its business, delivering recognized value to its customers across multiple sites.
Forward-Looking Statements: All statements in this press release
other than statements of historical fact are "forward-looking
statements" for purposes of federal and state securities laws, including
statements relating to the future consolidation of FTS’ financials,
future growth and maintenance opportunities in the oil and gas market as
well as other future economic and industry conditions. Actual results
could differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause actual
results to differ materially from our forward-looking statements are set
forth in our quarterly report on Form 10-Q for the fiscal quarter ended
NR 16-1001
View source version on businesswire.com: http://www.businesswire.com/news/home/20161011005374/en/
Source:
AECOM
Media:
Brendan Ranson-Walsh, 1-212-739-7212
Vice
President, Global External Communications
Brendan.Ranson-Walsh@aecom.com
or
Investors:
Will
Gabrielski, 1-213-593-8208
Vice President, Investor Relations
William.Gabrielski@aecom.com