Strongco Finalizes Fort McMurray Land Purchase for New Branch Construction

Strongco Finalizes Fort McMurray Land Purchase for New Branch Construction 
Expansion into Fort McMurray positions company for greater market
share in Alberta's oil and gas sector 
MISSISSAUGA, ONTARIO -- (Marketwire) -- 01/30/13 -- Strongco
Corporation (TSX:SQP) is pleased to announce it has completed the
purchase of six acres of land that will be used to build its new
branch in Fort McMurray, Alberta.  
As previously announced, the new branch will carry the full line of
products from Volvo Construction Equipment and complementary brands
as well as Manitowoc, National and Grove crane products. Construction
on the 23,000 square foot facility is scheduled to begin in the
Spring and is slated for completion in the Spring of 2014.  
"Strongco's expansion into Fort McMurray is an important step for us
as it further builds on our growing presence in Alberta and gives us
higher visibility in the key markets in the province," said Bob
Dryburgh, President and Chief Executive Officer of Strongco. "This
development also extends our growth strategy by establishing well
located branches capable of providing timely product support and
services to our customers." 
The new Fort McMurray branch will involve a total capital cost of
$18.5 million, for which financing was arranged with Strongco's
current bank. 
About Strongco Corporation 
Strongco Corporation is one of Canada's largest multiline mobile
equipment dealers and operates in the northeastern United States
through Chadwick-BaRoss, Inc. Strongco sells, rents and services
equipment used in sectors such as construction, infrastructure,
mining, oil and gas, utilities, municipalities, waste management and
forestry. Strongco has approximately 640 employees serving customers
from 26 branches in Canada and five in the United States. Strongco
represents leading equipment manufacturers with globally recognized
brands, including Volvo Construction Equipment, Case Construction,
Manitowoc Crane, National, Grove, Terex Cedarapids, Terex Finlay,
Ponsse, Fassi, Allied Construction, Taylor, ESCO, Dressta,
Sennebogen, Jekko, Takeuchi, Link-Belt and Kawasaki. Strongco is
listed on the Toronto Stock Exchange under the symbol SQP.  
Forward-Looking Statements 
This news release contains "forward-looking" statements within the
meaning of applicable securities legislation which involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of Strongco or industry
results, to be materially different from any future results, events,
expectations, performance or achievements expressed or implied by
such forward-looking statements. All such forward-looking statements
are made pursuant to the "safe harbour" provisions of applicable
Canadian securities legislation. Forward-looking statements typically
contain words or phrases such as "may", "outlook", "objective",
"intend", "estimate", "anticipate", "should", "could", "would",
"will", "expect", "believe", "plan" and other similar terminology
suggesting future outcomes or events. 
Contacts:
Strongco Corporation
J. David Wood
Vice-President and Chief Financial Officer
905.565.3808
jdwood@strongco.com
www.strongco.com
 
 
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