Shawcor Pockets Lake Superior Consulting

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Shawcor Ltd. announced that it has acquired the units of Lake Superior Consulting LLC for an undisclosed sum plus a potential earn out payment payable in 2016. Lake Superior is a Duluth, MN based professional services firm, specializing in pipeline engineering and integrity management services to major pipeline operators. The business operates from facilities in Minnesota, Texas, Nebraska, Kansas and North Dakota, provides pipeline design, engineering, inspection and commissioning as well as integrity management services, and has estimated 2015 revenue of approximately $45 million.