Spruce Grove, AB -- (ReleaseWire) -- 02/19/2014 -- Entrec Corporation gears its growth capital expenditures specifically towards advancing its mobile crane capabilities, John M. Stevens, President and CEO recently emphasized. Crane services are highly in demand nowadays. Mr. Stevens pointed out, ““We believe continued investment in this area will increase our access to the recurring onsite maintenance, repair and operation (“MRO”) support work in the Alberta oil sands region, as well as to the significant industrial construction work occurring in both the oil sands and in Northwest BC.”
The company recently approved a C$46 million capital expenditure program focusing primarily on mounting its mobile crane competencies. It continually acquires advanced equipment to make sure all kinds of customer needs are served. The purchase of C$6.5 million of crane rental units is included in Entrec’s 2014 growth capital expenditures.
Entrec has been providing decades of expertise in crane services to all major industry sectors throughout western Canada and the U.S. Bakken region in North Dakota. It serves as a valuable necessity in industry sectors such as mining, oil sands, petro chemical, pulp and paper, forestry, infrastructure, hydro-electric, and wind power. At present, it has a well maintained pool of over 160 cranes – all terrain, rough terrain, crawlers, boom trucks, carry decks, hydraulic truck mounted, and picker trucks. Entrec prides itself in having one of western Canada’s largest picker truck fleets, ranging in capacity from 3 to 45 tons.
Entrec continually re-invests in the most current, technologically advanced cranes to both enhance its fleet and provide excellent service to our customers. With its most recent recognition having been named one of Alberta’s top 65 employers for 2014, Entrec continues to guarantee excellent customer service and satisfaction. The editors and researchers at Canada’s Top Employers granted the award based on the following: physical workplace, work atmosphere, health, financial and family benefits, vacation and time off, employee communications, performance management, training and skills development, and community development.
The company continues to boost its internal brand through employee ownership, competitive compensation, providing exceptional equipment and training, an ingenious safety program, and a management approach of integrity, honesty and caring about each individual.
ENTREC is a leading provider of heavy lift and heavy haul services with offerings encompassing crane services, heavy haul transportation, engineering, logistics and support. ENTREC provides these services to the oil and natural gas, construction, petrochemical, mining and power generation industries. The common shares of ENTREC trade on the TSX Venture Exchange under the trading symbol "ENT".