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ATC Enters Two Long-Term Construction Contracts

Tue. November 03, 2009; Posted: 03:00 PM
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PEWAUKEE, Wis., Nov 03, 2009 (BUSINESS WIRE) -- PWR | Quote | Chart | News | PowerRating -- American Transmission Co. recently signed contracts with two nationally recognized construction services firms for transmission line and substation work. Construction work will be divided evenly between Pennsylvania-based Henkels & McCoy, which will provide services primarily in ATC's southern territory, and MJ Electric, a Quanta Services (NYSE: PWR | Quote | Chart | News | PowerRating) company, which will support projects in northern Wisconsin and Michigan's Upper Peninsula.

"ATC has an ambitious plan that calls for $2.5 billion in infrastructure improvements over the next 10 years," said Mike Rowe, ATC vice president for construction. "That is just within our footprint -- a number of regional planning studies are underway to identify transmission infrastructure needs to help Midwestern states meet renewable energy portfolio requirements. We look forward to working with these demonstrated leaders in the energy construction industry to safely and reliably expand the transmission grid."

Henkels & McCoy is a family-owned company in its third generation, recognized nationally as a premier provider of utilities services. "We are extremely enthusiastic about supporting ATC's infrastructure improvement plans and its commitment to safety excellence and environmental awareness," said Rod Henkels, Henkels & McCoy president and CEO. "We look forward to assisting ATC in meeting its objectives and satisfying the ongoing needs of its customers."

MJ Electric, based in Iron Mountain, Mich., is part of Quanta Services, a nationwide leader of energy infrastructure solutions. The company recently concluded a long-term contract with ATC, which included work on more than 100 miles of transmission line projects in northern Wisconsin and the Upper Peninsula. "We are eager to again work with ATC and contribute to the success of its aggressive transmission infrastructure enhancements," said Steve Reiten, president of MJ Electric. "The long-term relationship between the two companies illustrates our shared goals of service to our customers and the delivery of safe, economic solutions that address the nation's energy problems."

Under the agreements, the two companies will provide all construction resources, including labor, equipment and management strategies, to safely and cost-effectively implement ATC's construction plans.

ATC owns, operates, builds and maintains the high-voltage electric transmission system serving portions of Wisconsin, Michigan, Minnesota and Illinois. Formed in 2001 as the nation's first multi-state transmission-only utility, ATC has invested $2.1 billion to improve the adequacy and reliability of its infrastructure. ATC now is a $2.5 billion company with 9,400 miles of transmission lines and 510 substations. The company is a member of the Midwest ISO regional transmission organization, and provides nondiscriminatory service to all customers, supporting effective competition in energy markets without favoring any market participant. For more information, visit our Web site at www.atcllc.com.

SOURCE: ATC

Jackie Olson (ATC) 
jolson@atcllc.com 
920-338-6574 (office) 
920-360-0966 (cell) 
or 
Meghan Devine (Henkels) 
mdevine@henkels.com 
215-283-7469 
or 
Reba Reid (MJ) 
rreid@QuantaServices.com 
713-629-7600
For full details on Quanta Services Inc (PWR) click here. Quanta Services Inc (PWR) has Short Term PowerRatings of 4. Details on Quanta Services Inc (PWR) Short Term PowerRatings is available at This Link.

    


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