Aecon and Six Nations of the Grand River Development Corporation (SNGRDC) are now a general partnership.
The announcement came Tuesday that the two, who have been operating as a joint venture since 2015, are now a partnership.
A6N has been operating as an unincorporated joint venture with SNGRDC since 2015, with SNGRDC being a 51 percent equity owner and Aecon being a 49 percent equity owner.
No changes to ownership levels have been made with the transition to the general partnership, SNGRDC said in a press release yesterday.
As a formal general partnership, A6N is now a legal entity which can purchase and own assets which will assist with the continued growth of the business.
Additionally, A6N’s base of operations has moved to Oneida Business Park, a large industrial and office space on Sixth Line Road near Hwy. 6, to accommodate the planned growth of the business in a modern, open space, SNGRDC said.
The Six Nations community is invited to an open house on March 22 from 11am 4 pm to celebrate A6N’s success and to learn more about the company, including upcoming projects and career opportunities.
Since its inception in 2015, A6N has been an employer noted for hiring local talent and providing millions in payroll to Indigenous employees each year, said SNGRDC.
A6N’s Indigenous payroll impact since 2015 has been $50 million, and in 2023, A6N employed 85 Indigenous workers at peak operations and generated $32 million in revenue – a number that is expected to rise even further as a general partnership, SNGRDC noted.
“The continued success of this meaningful relationship between SNGRDC and Aecon has put A6N in a position to make this transition possible, even necessary,” said Matt Jamieson, President and CEO of SNGRDC. “A6N has an exceptional and dedicated team, and we are proud to move forward as General Partners and support their future advancement.”
“The continued evolution of A6N demonstrates nearly a decade of successful partnership and collaboration,” said Scott Ryan, Vice President, Aecon Utilities. “Building on core capabilities in the utilities sector, A6N has steadily expanded its expertise and we are proud to partner on increasingly complex projects with a continued focus on working collaboratively with Indigenous communities to build a sustainable future.”
Founded in 2015, Aecon-Six Nations is a general partnership between Aecon Group Inc. and the Six Nations of the Grand River Development Corporation. A6N performs a broad range of utility-related work in the gas, fibre, forestry, and hydro sectors in southwestern Ontario. A6N employs a majority Indigenous workforce and has provided about $50 million in payroll to Indigenous employees since 2015.
