ATCO Structures Grows North American Modular Capabilities with Acquisition of NRB Modular Solutions
"ATCO is excited about the opportunity to expand NRB's modular business capabilities, particularly in the manufacturing of multi-family and affordable housing modular construction solutions," said
NRB has close to 400 employees and four manufacturing facilities across
The acquisition of NRB is a material step in ATCO Structures' plans to expand its manufacturing, operations and sales footprint, and grow the modular residential market. "Offsite construction is the emerging alternative to traditional construction and ATCO is aligned with governments, housing advocacy groups and prospective homeowners in that modular housing can play a bigger role in meeting society's need for quality and affordable housing solutions," added
With manufacturing facilities in
As a global enterprise
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Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. In particular, forward-looking information in this news release includes references to the acquisition of NRB and the anticipated closing date of the transaction, the opportunity to expand NRB's modular business capabilities, and ATCO Structures' plans to expand its manufacturing operations and sales footprint and grow the modular residential market.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.
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