The purchase agreement has been signed for our sister company, Tri-Line Carriers, to purchase the assets of CO3 Energy located in Medicine Hat, Alberta. CO3 Energy offers pneumatic dry bulk hauling services with assets consisting of tractors, Super-B’s, B-Trains, Tridem Trailers and Spreader Trailers.
We expect to close on the agreement on February 16th and it will become part of our Bulk Operation in Western Canada. This acquisition will effectively double the size of this segment for us in the west. It is an exciting time for the Tri-Line group so please assist in any way possible to ensure the success of this opportunity.