(Aug. 30-2018) About 50 engineers and support staff at Thunder Bay’s True Grit Engineering are expected to remain after the business has been acquired by an Alberta multinational later this year.
During “a transition period, there may be a few roles that could overlap but, by and large, there will not be job losses,” a spokeswoman for Edmonton-based Stantec said Tuesday.
“Our goal is to continue to grow the business True Grit has established.”
Fifty-five employees are based out of True Grit’s Thunder Bay office on Innovation Drive.
Stantec, which was founded in Edmonton and employs 22,000 people worldwide, maintains an office in Sudbury among other Ontario locations. It said it eyed True Grit in order to “strengthen its foothold in Northern Ontario.”
Eric Zakrewski, who founded True Grit 13 years ago, is also expected to remain part of the Thunder Bay operation once it comes under the Stantec umbrella. The proposed acquisition is expected to be finalized in the fourth business quarter of this year.
No financial details were disclosed.
“Joining Stantec allows True Grit Engineering to offer world-class expertise and a much wider variety of services through the same team that our clients have grown to trust,” Zakrewski, True Grit’s president, said in a news release.
The proposed acquisition of True Grit is not surprising, given the smaller company’s existing relationship with Stantec’s Winnipeg office.
Over the years, True Grit’s clients have included Hydro One and Resolute Forest Products, as well as various Northwestern Ontario First Nations and municipalities.