Calgary, Alberta, Thursday October 23, 2013 – True North Automation (True North) is pleased to announce that it has entered into a joint venture with the Industrial Technology Division of Calibre Global (Calibre), a wholly owned engineering and project delivery business of ASX listed, Calibre Group (ASX:CGH).
Calibre Global’s Industrial Technology Division is headquartered in Perth, Western Australia specializing in mining, communications, materials handling, automation, rail systems and integrated operations.
The oil & gas experience of True North combined with Calibre’s mining Industrial Technology Division creates an impressive resources industry technology business operating as Toric Technologies (Toric).
Toric brings together industry leading expertise and international capability in oil & gas, mining, rail and integrated operations to provide innovative technology solutions to deliver greater productivity and asset performance.
Blair Hanel, President, True North Automation said, “We are excited about the future with Toric and look forward to sharing our experience in oil & gas automation to drive greater efficiency, productivity and performance outcomes for Australian customers. Our strategy to bring the vast expertise of Calibre to the North American mining and rail markets will provide new opportunities for our staff and advance the growth opportunities for True North”.
Matthew Coleman, Head of Industrial Technology for Calibre said, “The combined capability of True North and Calibre brings to market significant experience delivering technology solutions to the resources sector. We are very pleased to be partnering with True North who, like Calibre, has a strong positive culture of delivering enduring value to clients. Toric marks a further milestone in Calibre’s ongoing strategy of expanding and diversifying its
capabilities, market and geographic footprint”.
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