12:51:12 EDT Tue 30 Apr 2024
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Stantec Inc
Symbol STN
Shares Issued 114,066,995
Close 2024-02-29 C$ 113.32
Market Cap C$ 12,926,071,873
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Stantec to design Agratas's U.K. battery plant

2024-02-29 09:47 ET - News Release

Mr. Gord Johnston reports

STANTEC SELECTED TO DESIGN 4 BILLION EURO BATTERY MANUFACTURING FACILITY

Stantec Inc. has been selected to provide integrated design services to Agratas, Tata Group's global battery business, which is building a battery cell manufacturing facility on the Gravity Smart Campus in the United Kingdom. The new advanced manufacturing facility, comprising three separate buildings with associated ancillary structures, will create up to 4,000 jobs on site over the life span of the project and thousands more in the supply chain.

With innovative technologies and resource-efficient processes, the facility will produce high-quality, high-performance, sustainable battery cells. The next generation of batteries will support Britain's energy transition and power hundreds of thousands of electric vehicles. This is one of the most significant manufacturing investments in the United Kingdom, and the factory will be one of the largest of its kind in Europe.

"The Agratas facility will be pioneering in battery cell production, addressing demand in the advanced manufacturing space in the U.K. head-on, while benefiting productivity, the climate and the economy," said Gord Johnston, president and chief executive officer of Stantec. "Stantec has strong capabilities in the advanced manufacturing space, and we look forward to working closely with Agratas to provide our significant breadth and depth of experience and support the successful completion of its project."

"We look forward to working with Stantec to design the U.K.'s largest battery cell manufacturing facility. Using state-of-the-art technology, our facility will power the transition to electric mobility and clean-energy storage," said Joe Hibbert, vice-president of capital projects, Agratas. "Our partnership with Stantec is the next step in our mission to deliver best-in-class battery solutions for our global customers."

Over the past 15 years, Stantec has been instrumental in paving the way for the Gravity site to be selected as the United Kingdom home for Agratas's new manufacturing facility. The firm served as a strategic adviser for the Gravity site, leading the local development order consenting process, making it an attractive inward investment opportunity. Stantec has provided a variety of services, including: engineering design, planning, environmental, technical services and project management at the site.

Providing integrated services

Pairing global expertise with extensive local knowledge, Stantec will provide architecture, mechanical, electrical, plumbing, structural and civil engineering services, as well as risk management, planning compliance, BIM management and landscape architecture. Drees & Sommer, a key partner for Stantec, is providing clean-room/dry-room design services, while additional consultants will provide fire protection engineering and building control services.

Advancing manufacturing for a sustainable future

Stantec's industry-leading integrated architectural and engineering team works within the global industrial sector, helping advanced manufacturing clients improve their operations, reduce costs and optimize production flows.

Manufacturers are increasingly seeking to simplify their supply chains, bringing production closer to demand, with many companies opting to add new factories to increase net capacity. Developing clean-energy sources can mitigate global supply-chain challenges while benefiting the climate and the economy.

About Stantec Inc.

Communities are fundamental. Whether around the corner or across the globe, they provide a foundation as well as a sense of place and of belonging. That is why Stantec always designs with community in mind.

Stantec cares about the communities it serves -- because they are its communities, too. This allows the company to assess what is needed and connect its expertise, to appreciate nuances and envision what has never been considered, to bring together diverse perspectives so it can collaborate toward a shared success.

Stantec comprises designers, engineers, scientists and project managers, innovating together at the intersection of community, creativity and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe.

We seek Safe Harbor.

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