WILLIAMS F1 AND HATCH JOIN FORCES TO DEVELOP AND DELIVER INNOVATIVE SOLUTIONS TO MINING, ENERGY, INFRASTRUCTURE AND INDUSTRIAL CLIENTS
DGAP-News: Williams Grand Prix Holdings PLC / Key word(s): Alliance
WILLIAMS F1 AND HATCH JOIN FORCES TO DEVELOP AND DELIVER INNOVATIVE
SOLUTIONS TO MINING, ENERGY, INFRASTRUCTURE AND INDUSTRIAL CLIENTS
27.10.2011 / 10:05
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WILLIAMS F1 AND HATCH JOIN FORCES TO DEVELOP AND DELIVER INNOVATIVE
SOLUTIONS TO MINING, ENERGY, INFRASTRUCTURE AND INDUSTRIAL CLIENTS
27 October, 2011. Grove, UK and Mississauga, Canada. Williams F1 and
professional services firm Hatch announced today that they have created a
partnership to develop new products and services for current and potential
mining, energy, infrastructure and industrial clients. The partnership will
also develop education initiatives to encourage young people to explore
careers in engineering industries.
The partnership will see Williams F1 and Hatch combine their respective
engineering capabilities to develop solutions that help their clients
improve their businesses in a variety of real-world applications. These
include safety; energy conservation, reduction and recovery; robust and
reliable equipment design and maintenance; quality management; telemetry;
logistics; high performance teamwork; and project management.
'This is a true partnership between two organizations that share a lifelong
commitment to technical excellence and innovation,' said Robert Francki,
Global Managing Director of Hatch's Project Delivery Group, which houses
the company's global engineering team. 'We see significant potential to
apply innovations from the world of motorsport to the business challenges
facing our clients in industries like mining and metals processing, energy
and transportation.'
Williams F1 Co-Founder and Team Principal, Sir Frank Williams, said, 'I am
delighted to be able to announce this partnership as the collaboration with
Hatch will help us to continue our goal of making the company's Formula
One-inspired technologies available through commercial applications.
Through our Spark programme, we also aim to use our knowledge and expertise
to increase education initiatives and road safety globally as well as
promoting energy efficiency. This partnership allows us to greatly enhance
our work in all of these areas.'
One area that the two organisations are already exploring is in the area of
equipment maintenance. 'Companies that operate heavy duty vehicles or
equipment in harsh environments-like mining companies-are constantly
battling to make sure these assets are operating at peak performance, just
like a Formula One car,' says Francki. 'We see opportunities for Hatch and
Williams F1 to help our mining clients increase the availability of their
vehicles and reduce costs by designing performance improvement programmes
that suit the unique circumstances of each mine property-the same way
Williams F1 adjusts the set-up of its cars to suit each race track.'
The Hatch and Williams F1 partnership is based on Hatch's ongoing drive to
add value to its clients' businesses, and Williams F1's push to widen the
application of technologies it has developed for its Formula One cars.
Engineers from each company will work together to develop and commercialise
new technologies, while sharing knowledge and best practices across their
engineering teams.
The two organisations will also build motorsport-themed workshops and
develop mentors, road safety campaigns and internships that encourage young
people to explore careers in engineering and motorsport. It will also
provide a further extension to Williams F1's award-winning Spark corporate
responsibility programme, which focuses on three areas that are closely
related to the company's core activities of engineering and racing: energy
efficiency, education and road safety.
About Hatch
Hatch is an employee-owned professional services firm that delivers an
array of technical and strategic services, including consulting,
information technology, engineering, process development and project and
construction management to the mining, metallurgical, energy and
Infrastructure sectors. Hatch has served clients for over 80 years and has
project experience in more than 150 countries around the world. With 10,000
people in over 65 offices, the firm has more than $35 billion in projects
currently under management. For more information, visit www.hatch.ca
About Williams Grand Prix Engineering Ltd
Formed in 1977 by Frank Williams and Patrick Head, Williams Grand Prix
Engineering Limited's core competencies are the design and manufacture of
Formula One race cars, and the deployment of this expertise in running the
team's entries in each season's Grands Prix.
As one of the world's leading Formula One teams, the company has secured 16
FIA Formula One World Championship titles in the past thirty years. Nine of
these titles have been won in the Constructors' Championship in association
with Cosworth, Honda and Renault. The remaining seven titles are Drivers'
Championships, won with Alan Jones, Keke Rosberg, Nelson Piquet, Nigel
Mansell, Alain Prost, Damon Hill and Jacques Villeneuve.
AT&T Williams is one of the most vertically-integrated of Formula One teams
with first-class design and manufacturing facilities on its 33 hectare site
in Oxfordshire, England. Williams Grand Prix Engineering Limited aims to
develop substantial revenues from exploiting its brand, intellectual
property and rapid development skills in projects outside Formula One. For
more information, visit www.attwilliams.com
Media contacts:
Hatch
Ian Cluroe, Global Director, Marketing
+1-905-403-4181
icluroe@hatch.ca
Williams F1
Claire Williams, Head of Communications
+44 7977 275808
claire.williams@williamsf1.com
End of Corporate News
---------------------------------------------------------------------
27.10.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
143667 27.10.2011
DGAP-News: Williams Grand Prix Holdings PLC / Key word(s): Alliance
WILLIAMS F1 AND HATCH JOIN FORCES TO DEVELOP AND DELIVER INNOVATIVE
SOLUTIONS TO MINING, ENERGY, INFRASTRUCTURE AND INDUSTRIAL CLIENTS
27.10.2011 / 10:05
---------------------------------------------------------------------
WILLIAMS F1 AND HATCH JOIN FORCES TO DEVELOP AND DELIVER INNOVATIVE
SOLUTIONS TO MINING, ENERGY, INFRASTRUCTURE AND INDUSTRIAL CLIENTS
27 October, 2011. Grove, UK and Mississauga, Canada. Williams F1 and
professional services firm Hatch announced today that they have created a
partnership to develop new products and services for current and potential
mining, energy, infrastructure and industrial clients. The partnership will
also develop education initiatives to encourage young people to explore
careers in engineering industries.
The partnership will see Williams F1 and Hatch combine their respective
engineering capabilities to develop solutions that help their clients
improve their businesses in a variety of real-world applications. These
include safety; energy conservation, reduction and recovery; robust and
reliable equipment design and maintenance; quality management; telemetry;
logistics; high performance teamwork; and project management.
'This is a true partnership between two organizations that share a lifelong
commitment to technical excellence and innovation,' said Robert Francki,
Global Managing Director of Hatch's Project Delivery Group, which houses
the company's global engineering team. 'We see significant potential to
apply innovations from the world of motorsport to the business challenges
facing our clients in industries like mining and metals processing, energy
and transportation.'
Williams F1 Co-Founder and Team Principal, Sir Frank Williams, said, 'I am
delighted to be able to announce this partnership as the collaboration with
Hatch will help us to continue our goal of making the company's Formula
One-inspired technologies available through commercial applications.
Through our Spark programme, we also aim to use our knowledge and expertise
to increase education initiatives and road safety globally as well as
promoting energy efficiency. This partnership allows us to greatly enhance
our work in all of these areas.'
One area that the two organisations are already exploring is in the area of
equipment maintenance. 'Companies that operate heavy duty vehicles or
equipment in harsh environments-like mining companies-are constantly
battling to make sure these assets are operating at peak performance, just
like a Formula One car,' says Francki. 'We see opportunities for Hatch and
Williams F1 to help our mining clients increase the availability of their
vehicles and reduce costs by designing performance improvement programmes
that suit the unique circumstances of each mine property-the same way
Williams F1 adjusts the set-up of its cars to suit each race track.'
The Hatch and Williams F1 partnership is based on Hatch's ongoing drive to
add value to its clients' businesses, and Williams F1's push to widen the
application of technologies it has developed for its Formula One cars.
Engineers from each company will work together to develop and commercialise
new technologies, while sharing knowledge and best practices across their
engineering teams.
The two organisations will also build motorsport-themed workshops and
develop mentors, road safety campaigns and internships that encourage young
people to explore careers in engineering and motorsport. It will also
provide a further extension to Williams F1's award-winning Spark corporate
responsibility programme, which focuses on three areas that are closely
related to the company's core activities of engineering and racing: energy
efficiency, education and road safety.
About Hatch
Hatch is an employee-owned professional services firm that delivers an
array of technical and strategic services, including consulting,
information technology, engineering, process development and project and
construction management to the mining, metallurgical, energy and
Infrastructure sectors. Hatch has served clients for over 80 years and has
project experience in more than 150 countries around the world. With 10,000
people in over 65 offices, the firm has more than $35 billion in projects
currently under management. For more information, visit www.hatch.ca
About Williams Grand Prix Engineering Ltd
Formed in 1977 by Frank Williams and Patrick Head, Williams Grand Prix
Engineering Limited's core competencies are the design and manufacture of
Formula One race cars, and the deployment of this expertise in running the
team's entries in each season's Grands Prix.
As one of the world's leading Formula One teams, the company has secured 16
FIA Formula One World Championship titles in the past thirty years. Nine of
these titles have been won in the Constructors' Championship in association
with Cosworth, Honda and Renault. The remaining seven titles are Drivers'
Championships, won with Alan Jones, Keke Rosberg, Nelson Piquet, Nigel
Mansell, Alain Prost, Damon Hill and Jacques Villeneuve.
AT&T Williams is one of the most vertically-integrated of Formula One teams
with first-class design and manufacturing facilities on its 33 hectare site
in Oxfordshire, England. Williams Grand Prix Engineering Limited aims to
develop substantial revenues from exploiting its brand, intellectual
property and rapid development skills in projects outside Formula One. For
more information, visit www.attwilliams.com
Media contacts:
Hatch
Ian Cluroe, Global Director, Marketing
+1-905-403-4181
icluroe@hatch.ca
Williams F1
Claire Williams, Head of Communications
+44 7977 275808
claire.williams@williamsf1.com
End of Corporate News
---------------------------------------------------------------------
27.10.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
143667 27.10.2011