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Contrans Income Fund Completes Acquisition Of Walsh Transportation.


WOODSTOCK, Ontario Woodstock (2006 population: 35,480) is a city and the county seat of Oxford County in southwestern Ontario, Canada. Woodstock is located 128 kilometres southwest of Toronto, north off Highway 401, along the historic Thames River.  -- Contrans Income Fund (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:CSS (1) See Cascading Style Sheets.

(2) (Content Scrambling System) The copy protection system applied to DVDs, which uses a 40-bit key to encrypt the movie.
.UN) ("Contrans") today announced that it has completed the acquisition of Walsh Transportation Ltd. ("Walsh").

Operating from Haileybury Ontario, Walsh provides school bus and other transportation services in Northeastern Ontario Northeastern Ontario is the region within the Canadian province of Ontario which lies north and east of Lakes Superior and Huron.

Northeastern Ontario consists of Algoma District, Sudbury District, Cochrane District, Timiskaming District, Nipissing District, Manitoulin
. Walsh recorded transportation revenues of approximately $2.4 million in its most recent fiscal year ended June 30, 2004.

Stan Dunford, Chief Executive Officer of Contrans, stated that "Contrans is pleased to add to its position as the third largest school bus transportation provider in Canada. The Walsh operation will continue to be managed by Rick Walsh, who has owned and operated the business since 1976. We look forward to Walsh's contribution to the Contrans team."

Contrans Income Fund (TSX:CSS.UN)
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 1, 2004
Words:119
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