EDMONTON, Nov. 28 /CNW/ - The Churchill Corporation (TSX: CUQ) announced
today that Mr. David LeMay, Vice-President Operations of Laird Electric Inc.,
has been promoted to President and Chief Operating Officer, Laird Electric
Inc.
Al Bellstedt, Chairman of Churchill's Board of Directors, said, "David's
broad managerial, process and technical skills gained from over 20 years of
experience in the construction industry make him the right person to lead
Laird."
LeMay said, "I am excited to assume the responsibility and challenges
associated with this position. Laird has great people throughout the
organization, a tremendous reputation in the Fort McMurray oil sands region
and significant opportunities ahead. We have delivered record financial
results over the past two years and have number of initiatives under way to
position us for future success."
The Churchill Corporation provides building construction, industrial
construction and maintenance services throughout Western Canada. Churchill
common shares are listed on the Toronto Stock Exchange under the symbol "CUQ".
FORWARD LOOKING STATEMENTS
Certain statements in this Press Release may constitute "forward-looking
statements". Forward-looking statements include, without limitation,
statements regarding the future financial position, business strategy,
budgets, litigation, projected costs, capital expenditures, financial results,
taxes, plans and objectives of the Corporation. Many of these statements can
be identified by looking for words such as "believes," "expects," "may,"
"will," "intends," "anticipates," "estimates," "continues," or the negative
thereof, or other variations thereon. Although management of Churchill
believes its expectations regarding future performance of the Corporation are
based on reasonable assumptions and currently available competitive, financial
and economic data, market conditions and operating plans, it can give no
assurance its expectations will be achieved. The Corporation cautions that, by
their nature, forward-looking statements, involve risks, and uncertainties and
that its actual actions, and/or results could differ materially from those
expressed or implied in such forward-looking statements, and that the
aforementioned risks, uncertainties and actions could affect the extent to
which a particular projection materializes. The Corporation assumes no
obligation to update the forward-looking statements should circumstances or
the Corporation's management's estimates or opinions change.