FOR IMMEDIATE RELEASE
TARGET LOGISTICS REPORT SHOWS HOW
WORKFORCE HOUSING CAN HELP REDUCE
ALCOHOL AND SUBSTANCE ABUSE
White paper correlates quality lodging with on-the-job productivity,
health and safety
THE WOODLANDS, TEXAS – June 16, 2014 – Target Logistics, a global provider of workforce housing and one of the largest operators of turnkey solutions in North America, today released a white paper titled “Reducing Alcohol and Substance Abuse: A Benefit of Workforce Housing in Oil, Gas, Mining and Construction Industries,” by Graham Chandler, Ph.D. It can be downloaded for free here.
“Alcohol and substance abuse have been estimated to cost the Canadian economy approximately C$24 billion per year in lost productivity and about 10 times that in the United States. Drinking on the job, working with hangovers, using more sick days and increased accident rates all contribute to this cost,” said Chandler. “Solutions to alcohol and substance abuse are addressed in this white paper. Quality workforce housing is a part of the solution as it has been shown to reduce accidents, absenteeism and sick days and to improve productivity and morale.”
Dr. Chandler is a freelance writer who specializes in the business and technological aspects of the oil, gas and mining industries. His research and articles have been published in various magazines, including Oilsands Review, Alberta Oil, Earth Explorer, Far North Oil & Gas and New Technology. He holds a B.Sc. in physics, an MBA in finance and a Ph.D. in archaeology and can be reached at www.grahamchandler.ca.
“Workers away from home are at their best when they have high quality and nutritious food, comfortable living space, recreation, entertainment, fitness alternatives, camaraderie, and security,” said Target Logistics President and Chief Operating Officer Brad Archer. “Better living conditions have proven to help workers avoid alcohol and substance abuse and to increase productivity, enhance morale, reduce turnover, increase profitability and improve safety – resulting in what Target Logistics calls ‘The Economics of Comfort®’.”
Alcohol and substance abuse problems vary across industries, but workers in remote areas seem to be particularly vulnerable. A 2009 study of the Canadian oil and gas industry by The Shepell·fgi Research Group showed geographical isolation, performance pressures and work schedules may contribute to the higher prevalence of alcohol- and substance-abuse issues in remote workplaces relative to the norm.
Target Logistics operates 16 properties in the United States and Canada with more than 5,500 total beds.
Cautionary Notice Regarding Forward-Looking Statements
This press release may contain forward-looking statements, which reflect Target Logistics’ expectations regarding its future operational and financial performance. Although any forward-looking statements contained in this press release reflect management’s current beliefs based upon information currently available to management and upon assumptions which management believes to be reasonable, actual results may differ materially from those stated in or implied by these forward-looking statements. A number of factors could cause actual results, performance or achievements to differ materially from the results expressed or implied in any forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on any forward-looking statements. Except as required by law, Target Logistics undertakes no obligation, and specifically declines any obligation, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Algeco Scotsman
Algeco Scotsman is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco Scotsman has operations in 37 countries with a modular fleet of over 300,000 units. The company operates as Williams Scotsman in North America, Algeco in Continental Europe, Elliott in the United Kingdom, Eurobras in Brazil, Ausco in Australia, Portacom in New Zealand and Target Logistics globally.
About Target Logistics
Target Logistics, an Algeco Scotsman company, is a global provider of workforce housing and one of the largest operators of turnkey solutions in North America. It operates in some of the world’s most remote environments supporting oil, gas, mining and construction operations, government agencies, disaster relief and large-scale events with temporary workforce lodging, mobile crew camps and extended-stay hotels. Target Logistics was named by Inc. magazine in 2012 and 2013 as one of “America’s Fastest Growing Private Companies.” Visit www.targetlogistics.net or call (800) 832-4242.
Randy E. Pruett
Pierpont Communications for Target Logistics
(214) 217-7300 (Office) / (214) 505-1685 (Mobile)