Agreements with MJ Electric, Henkels & McCoy worth $200 million over four years
American Transmission Co. recently signed contracts with two nationally recognized construction services firms for transmission line and substation work. Construction work will be divided evenly between Pennsylvania-based Henkels & McCoy, which will provide services primarily in ATC’s southern territory, and MJ Electric, a Quanta Services (NYSE: PWR) company, which will support projects in northern Wisconsin and Michigan’s Upper Peninsula.
“ATC has an ambitious plan that calls for $2.5 billion in infrastructure improvements over the next 10 years,” said Mike Rowe, ATC vice president for construction. “That is just within our footprint – a number of regional planning studies are underway to identify transmission infrastructure needs to help Midwestern states meet renewable energy portfolio requirements. We look forward to working with these demonstrated leaders in the energy construction industry to safely and reliably expand the transmission grid.”
Henkels & McCoy is a family-owned company in its third generation, recognized nationally as a premier provider of utilities services. “We are extremely enthusiastic about supporting ATC’s infrastructure improvement plans and its commitment to safety excellence and environmental awareness,” said Rod Henkels, Henkels & McCoy president and CEO. “We look forward to assisting ATC in meeting its objectives and satisfying the ongoing needs of its customers.”
MJ Electric, based in Iron Mountain, Mich., is part of Quanta Services, a nationwide leader of energy infrastructure solutions. The company recently concluded a long-term contract with ATC, which included work on more than 100 miles of transmission line projects in northern Wisconsin and the Upper Peninsula. “We are eager to again work with ATC and contribute to the success of its aggressive transmission infrastructure enhancements,” said Steve Reiten, president of MJ Electric. “The long-term relationship between the two companies illustrates our shared goals of service to our customers and the delivery of safe, economic solutions that address the nation’s energy problems.”
Under the agreements, the two companies will provide all construction resources, including labor, equipment and management strategies, to safely and cost-effectively implement ATC’s construction plans