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Aegion Subsidiary Receives Supplier of the Year Recognition from Tesoro Corporation

Donnerstag, 13.10.2016 17:05



ST. LOUIS --(BUSINESS WIRE)--

Aegion Corporation today announced that Brinderson, a subsidiary of Aegion, was recognized as Tesoro’s Supplier of the Year at its inaugural Supplier Recognition Awards ceremony on September 25, 2016. Tesoro selected Brinderson as the recipient of its highest award based on its outstanding performance and the additional support Brinderson provides to Tesoro on key refinery activities. This support includes Brinderson’s participation in public and legislative events and its involvement in the United Way program.

Brinderson delivers cost-effective results, provides timely assistance for all management requests and frequently gives recommendations for improving Tesoro’s work processes. This award recognizes the evolution of Tesoro’s working relationship with Brinderson into an important partnership. Tesoro has a formal Supplier Relationship Management process with Brinderson at its Los Angeles and Martinez refineries, where Brinderson is the primary maintenance supplier. Brinderson also provides significant turnaround support for both sites.

The award was presented to Gary Wilson, President of Aegion’s Energy Services platform, and several members of his leadership team. Mr. Wilson said, “We are extremely honored to have been selected as the Supplier of the Year for Tesoro. This recognition validates the time and effort we invest in our customer relationships as well as our exemplary safety record, which is among the best in the industry. We will continue to provide exceptional services to Tesoro by being highly responsive to all issues and providing quality staffing at Tesoro’s sites.”

About Aegion (NASDAQ: AEGN)
Aegion combines innovative technologies with market-leading expertise to maintain, rehabilitate and strengthen infrastructure around the world. Since 1971, the Company has played a pioneering role in finding transformational solutions to rehabilitate aging infrastructure, primarily pipelines in the wastewater, water, energy, mining and refining industries. Aegion also maintains the efficient operation of refineries and other industrial facilities and provides innovative solutions for the strengthening of buildings, bridges and other structures. Aegion is committed to Stronger. Safer. Infrastructure.®

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Aegion’s forward-looking statements in this news release represent its beliefs or expectations about future events or financial performance. These forward-looking statements are based on information currently available to Aegion and on management’s beliefs, assumptions, estimates or projections and are not guarantees of future events or results. When used in this document, the words “anticipate,” “estimate,” “believe,” “plan,” “intend, “may,” “will” and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Such statements are subject to known and unknown risks, uncertainties and assumptions, including those referred to in the “Risk Factors” section of Aegion’s Annual Report on Form 10-K for the year ended December 31, 2015, as filed with the Securities and Exchange Commission on February 29, 2016, and in subsequently filed documents. In light of these risks, uncertainties and assumptions, the forward-looking events may not occur. In addition, Aegion’s actual results may vary materially from those anticipated, estimated, suggested or projected. Except as required by law, Aegion does not assume a duty to update forward-looking statements, whether as a result of new information, future events or otherwise. Investors should, however, review additional disclosures made by Aegion from time to time in Aegion’s filings with the Securities and Exchange Commission. Please use caution and do not place reliance on forward-looking statements. All forward-looking statements made by Aegion in this news release are qualified by these cautionary statements.

Aegion® and the associated logo are the registered trademarks of Aegion Corporation and its affiliates.

(AEGN-GEN)

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