Business
ORBIT GARANT DRILLING INC. ACQUIRES ADVANTAGE CONTROL TECHNOLOGIES
ORBIT GARANT DRILLING INC. ACQUIRES ADVANTAGE CONTROL TECHNOLOGIES
About this update from Orbit Garant Drilling Inc.
[{"type":"text","content":"\n\n\n\n Nov. 8, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nNew Sudbury Office Increases Orbit Garant's Presence in Northern Ontario\n\n\nVAL-D'OR, QC, Nov. 8 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) today\n announced that it has acquired Advantage Control Technologies (ACT). As\n part of the transaction, Orbit Garant will acquire specialized\n technologies and equipment, while also expanding its operations in\n Northern Ontario.\n\n\nACT has developed technology designed to reduce the operating costs\n associated with mineral drilling. These technologies, which have been\n extensively tested by Orbit Garant, incorporate computerized monitoring\n and control which reduces both the labour and consumables components of\n mineral drilling. The technologies are applicable both to new drills\n and to Orbit Garant's existing fleet. As a result, Orbit Garant\n believes that it will begin to generate cost efficiencies from the\n acquisition during the current fiscal year.\n\n\n"We are very excited about this acquisition," said Eric Alexandre,\n President and Chief Executive Officer of Orbit Garant.  "With the\n addition of these advanced technologies we are able to significantly\n increase productivity, improve health and safety and optimize labour\n efficiency that will flow through to our clients.  Adopting these new\n sophisticated technologies will improve our efficiency while enhancing\n our low cost, vertically integrated industry-leading custom...