Atlas Engineered Products’ South Central Plant Completes First Customized Wall Panel Project

Atlas Engineered Products (“AEP” or the “Company”) is pleased to announce the introduction of customized wall panels to the product offering at its recently acquired SC Building Systems (“SC”) in Carman MB.

“This type of customized pre-fabrication is revolutionizing the building trade,” explained AEP CEO Dirk Maritz. “Assembling these panels ahead of time, indoors in the plant, means that that delivery and construction can be timed down to the specific day. Added to SC’s expertise in design, engineering, roof trusses and floor joists – the result is a superior turn-key service. In the case of this 3-door garage with attic, it meant completing in a single day.”

“This is an integral part of our growth strategy and we expect this offsite construction technology to be rolled out to all our plants across the country,” said Mr. Maritz.

Traditional stick frame construction, meaning loose pieces of lumber are delivered and framed up on site, is often weather dependent, and it is time and labour intensive. Quality control can be insufficient or poorly tracked.

“This particular project saved at least 8 labour hours of framing on a relatively small job” said SC founder and AEP Vice-President Lindsay Boese. “On larger projects the cost and time savings can become significant. At the end of the day it provides our clients with incredible control over their schedules and costs.”

SC Building Systems and other AEP plants in BC and Ontario use laser precision, software and automation to manufacture engineered products, in a controlled indoor factory environment using standardized best practices.

SC has a loyal and growing customer base covering more than 25 communities in southern Manitoba. The plant provides easy access to the large Winnipeg market, as well as offering potential entry into the northern parts of Minnesota and North Dakota. SC was AEP’s sixth acquisition in just over a year and expands the Company’s cash-flowing portfolio and footprint into a third province.

About Atlas Engineered Products Ltd.

AEP is a newly listed growth company, as of November 2017, that is acquiring and operating profitable, well-established operations in Canada’s truss and engineered products industry. We have a well-defined and disciplined acquisition and operating strategy enabling us to scale aggressively, giving us a unique opportunity to consolidate a fragmented industry of independent operators.

Contact:

Rob Gamley – Investor Relations – rob@contactfinancial.com – (604) 689-7422

Source: Atlas Engineered Products Ltd.