Atlas Engineered Products Updates on Expansion into Pre-Fabricated Wall Panels in British Columbia

October 06, 2020


October 6th, 2020 - Nanaimo, British Columbia / Atlas Engineered Products (“AEP” or the “Company”) (TSX-V: AEP; OTC Markets: APEUF) provides an update today on the Company’s expansion into pre-manufactured wall panels for the residential, multi-residential and commercial building industry on Vancouver Island, BC.

“We are proud to have delivered the first pre-manufactured wall panels to a significant office development project just South of Nanaimo, BC. The use of wall panels speeds up the construction timeline in comparison to traditional stick framing because there are fewer hands involved, which in turn contributes to significant time gains for our clients,” says Hadi Abassi, Founder and Executive Vice President, Strategic Business Development. “Customer excitement is growing and we have secured projects across the Island from Port Hardy to Victoria and Tofino to Nanaimo.”

Custom-designed, pre-manufactured wall panels can be used for projects ranging in all different sizes from the smallest house to the largest commercial buildings. Atlas Building Systems (“Atlas”) in Nanaimo, BC is en route to becoming the lead supplier of wall panels on Vancouver Island. Boasting a wide array of benefits at every stage of the construction process, the inclusion of pre-manufactured wall panels promises to provide significant improvements to the traditional construction process in areas including: enhanced modelling during the design process, increased quality assurance, climate-controlled production, product waste reduction, decreased labour requirements, accurate project scheduling, and considerable cost savings.

“We take pride in building strong relationships through quality and customer service and being able to provide additional products, like the wall panels, will enhance that relationship we’ve built and helped us grow with our customers,” explained AEP Vice President of Operations, Gurmit Dhaliwal. “Pre-fabricated wall-panels are a cost-effective alternative to framing onsite and this expanded product line makes Atlas a true turn-key solution provider to our valued customers, who are already booking projects into 2021.”

About Atlas Engineered Products Ltd.

AEP is a growth company 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 growth strategy enabling us to scale aggressively, giving us a unique opportunity to consolidate a fragmented industry of independent operators.


For further information please contact:

Atlas Engineered Products Ltd.
Phone: 1-250-754-1400
Email: [email protected]
Unit 102, 6551 Aulds Road
Nanaimo, BC V9S 5X9
www.atlasengineeredproducts.com

For investor relations please contact:
Melissa MacRae, Interim CFO
Phone: 1-250-754-1400
Email: [email protected]
Atlas Engineered Products Ltd.
Unit 102, 6551 Aulds Road
Nanaimo, BC V9S 5X9
www.atlasengineeredproducts.com


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