Target Logistics Receives Contract to Build a New Workforce Lodge in West Texas

Permian Basin facility to provide full-service lodging solution for 200 workers

THE WOODLANDS, Texas--()--Target Logistics, the largest provider of turnkey workforce housing solutions in the United States, announced today it has been awarded a contract by one of the world’s largest independent oil and natural gas exploration and production companies to build and manage an accommodation facility in West Texas. Construction on the project will begin immediately with first occupancy planned in early 2016.

“We are thrilled to be partnering with our customer on their first onshore accommodation facility in the United States,” said Target Logistics President and Chief Operating Officer Brad Archer. “They have been a customer of ours for the past 18 months and over that time have seen firsthand the value in caring for their workforce beyond the job site.”

“True to our model, this facility will be designed and built around the needs of our customer,” said Archer. “They were very involved in the design process to ensure a living environment that supports a work-life balance focused on health and safety, while upholding their strong values and commitment to the local community.”

With the addition of this West Texas location, Target Logistics operates 19 properties in the United States with more than 8,100 total beds.

About Target Logistics

Target Logistics, an Algeco Scotsman company, is the largest provider of turnkey workforce housing solutions in the United States. It operates in some of the most remote environments, supporting oil, gas, mining and construction operations; capital projects; and government agencies with temporary workforce lodging, mobile crew camps and extended-stay hotels. Target Logistics was named by Inc. magazine in 2012 and 2013 as one of “America’s Fastest Growing Private Companies.” Visit www.TargetLogistics.net or call (800) 832-4242.

About Algeco Scotsman

Algeco Scotsman is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco Scotsman has operations in 28 countries with a modular fleet of approximately 300,000 units. The company operates as Williams Scotsman and Target Logistics in North America, Algeco in Europe, Elliott in the United Kingdom, Ausco in Australia, Portacom in New Zealand, Eurobras in Brazil and Algeco Chengdong in China.

Contacts

Investor Relations Contact
Scott Shaughnessy, (410) 933-5921
Algeco Scotsman
Scott.Shaughnessy@as.willscot.com
or
Target Logistics Media Inquiries
Randy E. Pruett, (214) 217-7300 (Office) / (214) 505-1685 (Mobile)
Pierpont Communications for Target Logistics
rpruett@piercom.com
or
Target Logistics Lodging Inquiries
Danny Mercer, (800) 832-4242 x22939
Target Logistics
dmercer@targetlogistics.net

Release Summary

Target Logistics awarded contract by one of the world’s largest independent oil and natural gas exploration and production companies to build and manage an accommodation facility in West Texas.

Contacts

Investor Relations Contact
Scott Shaughnessy, (410) 933-5921
Algeco Scotsman
Scott.Shaughnessy@as.willscot.com
or
Target Logistics Media Inquiries
Randy E. Pruett, (214) 217-7300 (Office) / (214) 505-1685 (Mobile)
Pierpont Communications for Target Logistics
rpruett@piercom.com
or
Target Logistics Lodging Inquiries
Danny Mercer, (800) 832-4242 x22939
Target Logistics
dmercer@targetlogistics.net