EDMONTON, July 23 /CNW/ - The Churchill Corporation (TSX: CUQ) announced today that Mr. Blair Bannerholt, President of Laird Electric Inc., a wholly-owned subsidiary of the Corporation has resigned from the company effective July 31, 2008. Churchill would like to thank Blair for his contributions, dedication and service over the past several years as Laird diversified its customer base and substantially increased its volume.
Mr. David LeMay, Vice-President Operations of Laird, will assume increased responsibilities for the ongoing leadership of the organization. Mr. LeMay's experience includes broad managerial, process and technical skills gained from over 20 years of experience in the construction industry.
About The Churchill Corporation:
The Churchill Corporation provides building construction, industrial construction and maintenance services throughout Western Canada. Churchill common shares are listed on the Toronto Stock Exchange under the symbol "CUQ".
FORWARD LOOKING STATEMENTS
Certain statements in this Press Release may constitute "forward-looking statements". Forward-looking statements include, without limitation, statements regarding the future financial position, business strategy, budgets, litigation, projected costs, capital expenditures, financial results, taxes, plans and objectives of the Corporation. Many of these statements can be identified by looking for words such as "believes," "expects," "may," "will," "intends," "anticipates," "estimates," "continues," or the negative thereof, or other variations thereon. Although management of Churchill believes its expectations regarding future performance of the Corporation are based on reasonable assumptions and currently available competitive, financial and economic data, market conditions and operating plans, it can give no assurance its expectations will be achieved. The Corporation cautions that, by their nature, forward-looking statements, involve risks, and uncertainties and that its actual actions, and/or results could differ materially from those expressed or implied in such forward-looking statements, and that the aforementioned risks, uncertainties and actions could affect the extent to which a particular projection materializes. The Corporation assumes no obligation to update the forward-looking statements should circumstances or the Corporation's management's estimates or opinions change.
