Carillion Canada has issued a statement saying its operations are not in liquidation and will continue uninterrupted.
On Monday, Jan. 15, Carillion Plc, and several of its subsidiaries, entered into an insolvency process known as compulsory liquidation. Work on Carillion construction sites in the United Kingdom is paused while their future is decided. The company is the second largest construction company in Britain.
“This is a very sad day for Carillion, for our colleagues, suppliers and customers that we have been proud to serve over many years, “Carillion Chairman Philip Green said in a statement.
The following day, Carillion Canada issued a statement explaining it’s business as usual.
“Our employees, subcontractors and suppliers in Canada continue to be paid and we remain committed to delivering safe, quality services for our clients,” the company said in a statement. “Our Canadian leadership is currently assessing the situation and working with stakeholders to ensure continuity of operations.”
In Canada, the company employs more than 6,000 people with an annual revenue of about $1 billion. Worldwide, the company employs more than 40,000 people, with annual revenue reaching $7.5 billion. As well, the company is Canada’s largest road service contractor, and is responsible for 40,000 km of year-round routine and preventative roads maintenance, in Ontario and Alberta.
The Alberta-based Bouchier Carillion Group provides road maintenance, infrastructure services and facility management, mainly for oil sector customers.
The Rokstad Carillion Group, based in British Columbia, provides transmission and distribution power line services across Canada. Outland, a Carillion company, provides camp management, catering and maintenance to wide range of industries, such as mining, utilities, forestry, oil and gas.
In Construction, Carillion Canada has worked on the Aga Khan Museum and Ismaili Centre, the Royal Ontario Museum’s Michael Lee Chin Crystal, and the $450 million revitalization of Toronto’s Union Station.