U.S. rail solutions company acquires Calgary consulting firm
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North American Rail Solutions (NARS), North America’s largest provider of railroad design, construction, maintenance and operating services, has acquired Calgary, Alta.-based company Tri Innovations Consulting Ltd.
Tri Innovations is a provider of engineering, procurement and construction (EPC) services, encompassing feasibility studies, detailed design and engineering services, supply chain management, project management, construction and fabrication management, commissioning and operations support. Tri Innovations is a full-discipline engineering company focused on energy, transportation, agriculture and renewable spaces with comprehensive expertise in facilities and terminals, industrial transportation and materials handling.
“The addition of Tri Innovations to the North American Rail Solutions family of companies adds incredible capabilities to our portfolio,” said Thomas Lucario, CEO of NARS. “This positions North American Rail Solutions as one of the only major rail maintenance and construction providers in North America to offer a full suite of truly in-house services, from design-build to maintenance and operations. The Tri Innovations team is a perfect fit for our culture of providing innovative solutions to customer problems and will integrate well with our other operations across the United States and Canada.”
Kurt Findlay, CEO of Tri Innovations, added, “We are thrilled to join North American Rail Solutions. Our shared commitment to customer-centric solutions and innovation will strengthen our ability to deliver unparalleled value to our clients. We are eager to collaborate with NARS to expand our reach and enhance the services we offer and deliver exceptional value.”
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