TSX - GAR NISKU, AB, Nov. 3 /CNW/ - Garneau Inc. (GAR:TSX) is pleased to announce that the Corporation has signed a joint venture agreement with Commercial Coating Services International, Ltd. (CCSI) located in Conroe, Texas a subsidiary of the well established "The Bayou Companies" located in Louisiana to expand CCSI's field joint coating technology towards cold weather application suited in Canada and the North. CCSI's automated WideSheet(TM) three layer Polyolefin coating system which includes automated powder application rings, blast recovery systems, and specialty induction equipment is expected to be enhanced by Garneau's manufacturing, computer control technology and overall cold weather coating expertise. Together, the joint venture partners expect to introduce an automated product which will streamline and improve application methods suitable for extreme conditions encountered by major northern pipeline projects scheduled for construction within the next five to ten years. The joint venture will be actively pursuing new projects for application of this new technology in the near future. Testing of the system will continue at the Gas Technology Institute in Chicago, IL as well as at the Garneau Camrose facility. This agreement is projected to contribute to the continuous growth and diversification of Garneau and CCSI's related coating business. About Garneau Inc. ------------------ Garneau Inc.'s primary business is the application of high performance protective coatings and linings for oil and gas pipeline protection and additionally designs and fabricates oilfield equipment for both domestic and international markets. During more than 30 years of operating experience, Garneau Inc. has developed significant expertise and innovative technology, and has maintained a long-term focus on continuously improving the pipe coating process with cost-effective, quality coatings. A talented and effective management team provides the vision and experience for long-term profitable growth and increasing shareholder value. The company's Website can be accessed at: http://www.garneau-inc.com/ About CCSI ---------- CCSI has been in operation since 1983 and became a part of The Bayou Companies group of companies in July 2002. CCSI specializes in the application of fusion-bonded epoxy coatings to the weld areas (or girth welds) of pipelines as they are installed. In addition they also offer custom coating services for valves, fittings and odd shape parts for the oil, gas and water industries. With the worlds largest fleet of field joint coating and custom powder coating systems; state-of-art induction heating, coating application equipment, enclosed blast recovery systems, and the WideSheet(TM) three layer Polyolefin coating system CCSI has coated more than two million field joints around the globe. The company's Website can be accessed at: http://www.commericalcoating.com %SEDAR: 00008952E
