Gemini Corp. enters into long-term lease for land near Ponoka

Gemini Corp. (TSXV: GKX) is expanding its presence in Ponoka. The Calgary-based company — which provides engineering, fabrication and maintenance services for energy and industrial facilities across Western Canada — said in a release that it’s entered into a long-term lease for additional land around its Ponoka fabrication facility. With the new area, its Ponoka property covers 47 acres.

Gemini Corp. (TSXV: GKX) is expanding its presence in Ponoka.

The Calgary-based company — which provides engineering, fabrication and maintenance services for energy and industrial facilities across Western Canada — said in a release that it’s entered into a long-term lease for additional land around its Ponoka fabrication facility. With the new area, its Ponoka property covers 47 acres.

Gemini said developments in the oil and gas sector have created opportunities for its fabrication, assembly and staging operations. By expanding its Ponoka facilities, it will be able to “pursue more significant fabrication and assembly scopes of work,” it said. New automation equipment and on-site painting facilities are also expected to provide growth opportunities, said Gemini.

“The investments and capacity building we are completing is intended to strengthen our in-market differentiation as a service provider of choice to the energy industry for mid-sized project scopes,” said Doug Lautermilch, Gemini’s president and CEO.

Gemini also has facilities in Sherwood Park, Fort Saskatchewan and Dawson Creek, B.C.

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