Shaw Pipe Protection Limited, a subsidiary of ShawCor, has entered into an agreement to purchase approximately 250 acres of land in Camrose, Alberta, Canada, adjacent to the company's new coating facility, which is nearing completion.

The purchase of this land will permit increased pipe storage and be available for expansion of the new state-of-the-art pipe coating facility in Camrose. This is in addition to previously announced investments to increase fusion bonded epoxy (FBE) pipe coating capacity.

The combination of these investments will provide Western Canadian customers with high levels of quality and service as well as increased coating and yard storage capacity to meet the requirements of upcoming projects.