hat began with a small offi ce project in Colorado Springs 35 years ago has turned into one of the top-10 construction companies in America. Powered by employee owners, PCL lays claim to completed building projects across the country that range from theatres and residential buildings to hospitals and bridges, with many new ventures in progress and on the immediate horizon. That fi rst small project in Colorado was a key step in establishing PCL’s reputation in the US and although the economic conditions may have hit some recent rough patches, PCL continues to work with its partners to fuel the country’s future. “The recent challenging economic times in the US have taken a toll on the entire construction industry,” says Peter Beaupré, US president and chief operating offi cer. “However, PCL has been implementing strategies to geographically expand operations to locations that offer growth potential and future returns for our shareholders.” The American Recovery and Reinvestment Act (ARRA) of 2009 provided stimulus money to repair and expand America’s aging infrastructure. PCL’s civil divisions in the US are strategically positioned to handle the resulting megaproject opportunities.

Since its fi rst project in 1975, PCL has cemented its reputation in the United States and is continuing its rise to the top of the country’s construction industry.

BUILT TO LAST

PCL currently has offi ces in 15 cities across America, and has offered expertise to meet the diverse needs of clients on projects in 45 different states. And the company continues to leverage its partnerships, geographic diversity and fl exible market sector operations to expand services in areas such as renewable energy, military, and healthcare. One recent example of PCL’s growth through partnership is the work performed by its industrial company, Teton Industrial, for the Southern Company. The relationship with the Southern Company began when PCL was awarded two units of the Plant Bowen Flue Gas Desulfurization (FGD) project in Georgia. Based on strong performance, Southern Company granted the remaining two units of FGD work to PCL and the ongoing success of that collaboration has opened additional opportunities in Alabama and Mississippi. PCL’s civil infrastructure group has also seen its market presence grow by establishing offi ces in California and Florida, in part to pursue signifi cant water and wastewater projects. California is spending over $6 billion to construct and update their water facilities and PCL is currently constructing two water projects in the state. One of those is the $82-million Tesla Treatment Facility located in Tracy, California, which will be the second largest water treatment facility in the United States. The other is the $91-million South Bay International Wastewater Treatment Plant in San Diego. PCL’s Tampa offi ce, which specializes in road and bridge building, has also experienced growth due to the ARRA stimulus money, and the Connecticut and Virginia offi ces were recently

awarded the $417-million joint venture Pearl Harbor Memorial (Q) Bridge and the $133-million Gilmerton Bridge, respectively.

The recent challenging economic times in the US have taken a toll on the entire construction industry

GEOGRAPHIC EXPANSION

All-in-all the PCL story continues to be built on a track record of adapting to market needs to provide top-quality construction. The expansion of operations into new sectors includes:

RENEWABLE ENERGY Renewable energy is an important component of North America’s energy future and PCL is responding quickly to this increasing demand by developing expertise in renewable energy project construction. Although PCL has built renewable energy projects for over a decade, new tax incentives and legislation are leading to a dramatic increase in planned renewable energy projects. PCL is currently constructing solar, geothermal, biomass, and wind manufacturing facilities throughout the United States, a trend that will continue to grow.

MILITARY Military facility construction continues to see signifi cant growth within the Department of Defense (DoD). Active contracts include the Air Force Reserve facility in Colorado, the Marine Air Wing Headquarters in North Carolina, and the Warrior in Transition Complex in Alaska. The availability of ARRA funding by the government further indicates that military projects will continue to expand. “PCL is actively pursuing DoD project opportunities across the United States for multiple branches of the military,” says senior vice president Shaun Yancey.

PCL’s recent introduction and implementation of the internal training program “Doing Business with Governments Policy”, demonstrates the company-wide commitment to ensuring that all employees understand the unique requirements in building for the US government.

HEALTHCARE Hospital and clinic construction in the US is projected to be near $100-billion for 2010 and PCL will be a valued partner on many more of these projects. “PCL is aggressively pursuing both public and private healthcare opportunities in selected growth geographies, and are developing close relationships with clients across the country,” says Deron Brown, PCL vice president and district manager. In fact, a close relationship between PCL’s Los Angeles offi ce and Kaiser Permanente recently led to the construction of the $39-million Kaiser Anaheim Medical Offi ce Building (MOB). And in Orlando construction is currently underway on the Orlando Regional Medical Center roadwork and infrastructure package. This package is the fi rst phase of construction that will allow the long term expansion for the Orlando Health Campus master plan.

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PCL is not only a builder of large projects but takes pride in its expertise with smaller projects through our Special Projects Division. This division was established to pursue projects under $10 million in a variety of market sectors such as hospitality, health care, retail, and specialty bridge work.

PCL’s expansion into the US may have began as a small offi ce project but for the past 35 years we have made our mark by focusing on our client’s needs and following our founding values. We are poised for even greater future success as we expand our market sectors and geographic locations fi rmly establishing ourselves as a US construction leader.

SPECIAL PROJECTS DIVISION

W SECTOR EXPANSION