Strongco Announces Exclusive K-Tec Scraper Agreement
MISSISSAUGA, ON, Feb. 20, 2014 /CNW/ – Strongco Corporation (TSX:SQP) announced today it has created a partnership with K-Tec Earthmovers Inc. (“K-Tec”) to be the exclusive dealer for K-Tec’s earthmoving scrapers in Alberta and Ontario.
In a lengthy-term partnership, K-Tec are classified as the only scrapers approved, certified and held by Volvo construction equipments (“Volvo”) that can be attached with both used and new A35 and A40 Articulating Dump Trucks (“ADT”). A Volvo ADT pulling a K-Tec scraper may be known as an industry advancement, promoting greater versatility and cost efficiencies, plus the possiblity to get into and compete within the scraper marketplace while still using existing fleets.
“We’re very happy to have Strongco join the team of dealers who support our scraper line,” said Russ Goossen, CEO of K-Tec. “Alberta and Ontario are significant markets, this also new alignment has an expanded platform to deliver our products to the telltale regions, sustained by Strongco’s exceptional customer care and in-house product expertise.”
“Adding K-Tec is in keeping with Strongco’s means of organic growth through brand expansion plus a complement to your existing Volvo production,” stated Bob Dryburgh, President & CEO of Strongco. “We have now demonstrated the product or service with select customers with extremely positive responses. This new offering we can deliver a wider array of choices to current clients and fosters a way to reach a broader customer base.”
Forward-Looking Statements
This news release contains “forward-looking” statements in the concept of applicable securities legislation which entail known and unknown risks, uncertainties and also other factors which may result in the actual results, performance or achievements of Strongco or industry results, to become materially completely different from any future results, events, expectations, performance or achievements expressed or implied by such forward-looking statements. All such forward-looking statements are produced pursuant for the “safe harbour” provisions of applicable Canadian securities legislation. Forward-looking statements typically contain words or phrases for instance “may”, “outlook”, “objective”, “intend”, “estimate”, “anticipate”, “should”, “could”, “would”, “will”, “expect”, “believe”, “plan” along with similar terminology suggesting future outcomes or events. Good news release contains forward-looking statements pertaining to the expected trading of common shares of Strongco for the TSX, and such statements are considering the expectations of management.
About K-Tec Earthmovers Inc.
K-Tec is often a leader and innovator in pull-type scraper manufacturing in The united states. K-Tec scrapers home in size from 25 to 57 cubic yards, could be pulled by articulated dump trucks in several job environments, and have absolutely ground-breaking durability, backed by a three-year structural warranty. K-Tec currently has units working in an array of conditions, including open pit mining, coal fields, road building, site development, farm field leveling, ditching and civil engineering projects. K-Tec is a privately held company headquartered in Rosenort, Manitoba.
About Strongco Corporation
Strongco Corporation is a major multiline mobile equipment dealer with operations across Canada plus north america, operating through Chadwick-BaRoss, Inc. Strongco sells, rents and services equipment utilised in diverse sectors like construction, infrastructure, mining, gas and oil, utilities, municipalities, waste management and forestry. The Company has approximately 750 employees serving customers from 27 branches in Canada and five in the states. Strongco represents leading equipment manufacturers with globally recognized brands, including Volvo construction equipments, Case Construction, Manitowoc Crane, including National and Grove, Terex Cedarapids, Terex Finlay, Terex Equipment, Ponsse, Fassi, Allied Construction, Taylor, ESCO, Dressta, Sennebogen, Jekko, Takeuchi, Link-Belt and Kawasaki. Strongco is listed for the Toronto Currency markets within the symbol SQP.