Date Closed

July 21, 2011

Lead Office

Montréal

On August 8, 2011, Mi-Jack Canada, Inc. announced the acquisition of the hybrid energy specialist EcoPower Hybrid Systems, Inc. of Montréal, to help provide a greener service for its container handling operations.

Mi-Jack Products, the parent company of Mi-Jack Canada has been working with EcoPower Hybrid Systems for the past 30 months in the development of the first hybrid electric RTG crane for the rail industry.

The Mi-Jack 1200R EH (electric hybrid) was successfully introduced back in January of this year at the Union Pacific Railroad's Long Beach intermodal facility, and has been performing at an energy savings rate of over 70% annually while also reducing emissions by 70%.

EcoPower Hybrid Systems received a Clean Air Excellence Award for the development of their EcoCrane™ product which has been placed on the EPA Emerging technology list. Also, EcoPower has been retrofitting cranes with hybrid systems and has shown the same fuel and emission reductions.

Following the acquisition, MJ EcoPower Hybrid Systems, Inc. was formed. MJ EcoPower Hybrid Systems, headquartered in Brossard, Québec, is an emerging leader in clean energy for container handling in ports and terminals.

McCarthy Tétrault LLP represented Mi-Jack Canada, the acquiror, with a team led by Patrick Boucher.