VANCOUVER - ATCO Structures & Logistics has signed a joint-venture agreement with an Inuit organization's development arm.
ATCO (TSX:ACO.X) will work with Sakku Investments Corp. on resource development and infrastructure construction in the Kivalliq region of Nunavut.
The partners have created a new company called Sakku ATCO Buildings and Services.
Sakku is a for-profit organization that's owned by the Kivalliq Inuit Association.
"ATCO's partnership with Sakku is a tremendous opportunity for both companies," said Boris Rassin, executive vice-president, business development, for ATCO Structures & Logistics.
"Together we will offer economical infrastructure solutions to the companies developing Canada's North while working to create long-term business and employment opportunities for the Inuit people."