Erickson Air-Crane Incorporated Renews Contracts with Key Canadian Timber and Logging Partners
PORTLAND, Ore.--(BUSINESS WIRE)-- Erickson Air-Crane Incorporated ("Erickson") has further cemented its position as the timber heavy lift service provider of choice in Canada, signing contracts with Helifor Canada ("Helifor"), an affiliate of Columbia Helicopters, and Western Forest Products Inc. ("Western"). For each of the two contracts, Erickson, which manufactures and maintains a fleet of S-64 heavy lift rotorcraft, will be providing one S-64E model helicopter - capable of lifting up to 20,000 pounds at a time - with pilots, full field maintenance support crews, parts, and components.
Erickson will be providing Helifor with logging services and transmission tower construction in western Canada, primarily in British Columbia. The contract is effective from January 1 through December 31 of 2013, has a value of $8-to-$10 million, and will be supported by Erickson affiliate Canadian Air-Crane. "This will be the third consecutive year that Erickson has contracted with Helifor to provide heavy lift aerial services in Canada, and we are pleased to continue the relationship," said Erickson CEO Udo Rieder.
The Aircrane will be used to remove timber in remote, rugged terrain in coastal British Columbia, as an environmentally responsible alternative to incursive ground logging.Erickson will additionally provide expert lift services for precision placement of transmission towers for powerline construction in western Canada.
With Western, Erickson is also renewing an agreement that was operational in 2012, and the new agreement is valued at $10-to-$13 million, Erickson will provide aerial support for year-round selective logging efforts in British Columbia and Alberta. The S-64E will be used primarily for extraction of fir and red cedar trees in difficult terrain on remote timberlands. "Western Forest Products is one of the largest timber companies in Canada, and this agreement continues an existing, multi-year relationship between Erickson and Western,' added Rieder.
"These two contracts maintain Erickson's position as the leading heavy-lift helicopter provider to the Canadian timber markets, where we've been operating continuously for nearly forty years," continued Rieder.
About Erickson Air-Crane Incorporated
Erickson Air-Crane specializes in the operation and manufacture of the Erickson S-64 Aircrane (the "Aircrane"), a versatile and powerful heavy-lift helicopter. The Aircrane has a lift capacity of up to 25,000 pounds and is the only commercial aircraft built specifically as a flying crane without a fuselage for internal loads. The Aircrane is also the only commercial heavy-lift helicopter with a rear load-facing cockpit, combining an unobstructed view and complete aircraft control for precision lift and load placement capabilities. Erickson Air-Crane owns and operates a fleet of 18 Aircranes, which are used to support a wide variety of government and commercial customers worldwide across a broad range of aerial services, including firefighting, timber harvesting, infrastructure construction, and crewing. Erickson Air-Crane also manufactures Aircranes and related components for sale to government and commercial customers and provides aftermarket support and maintenance, repair, and overhaul services for the Aircrane and other aircraft. Founded in 1971, Erickson Air-Crane is headquartered in Portland, Oregon with its principal manufacturing facility based in Central Point, Oregon. For more information, please visit www.ericksonaircrane.com.
About Helifor Canada
Helifor Canada is an industry leader in providing on time, reliable, and safe heavy lift solutions. An affiliate of Columbia Helicopters that's been in business for over 30 years, Helifor is the only Canadian operator licensed to use the highly specialized Vertol 107 and Chinook 234. Helifor has built a reputation for innovation and dependability in the industry as a result of stable management, deeply experienced flight and maintenance crews, long term relationships, and repeat customers. For more information, please visit www.helifor.com.
About Western Forest Products
Western is an integrated Canadian forest products company, and the largest coastal British Columbia woodland operator and lumber producer. The company has an annual available harvest of approximately 6.4 million cubic meters of timber, of which approximately 6.2 million cubic meters is from Crown lands, and lumber capacity in excess of 1.1 billion board feet from eight sawmills and three remanufacturing plants. Principal activities conducted by Western include timber harvesting, reforestation, sawmilling logs into lumber and wood chips, and value-added remanufacturing. All of Western's operations, employees and corporate facilities are located in the coastal region of British Columbia, while its products are sold in over 25 countries worldwide. For more information, please visit www.westernforest.com.
Erickson Air-Crane Incorporated
Andy Mills, 503-505-5823
Director of Aerial Services Marketing
KEYWORDS: United States North America Canada Oregon
The article Erickson Air-Crane Incorporated Renews Contracts with Key Canadian Timber and Logging Partners originally appeared on Fool.com.
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