VANCOUVER—Bilton Welding and Manufacturing Ltd. is heading west.
With oil prices sputtering and Canadian energy industry capex budgets running on fumes, the Innisfail, Alta.-based firm is looking to diversify its portfolio. A manufacturer of custom equipment, primarily for the oil and gas industry, the company will aim to add revenue streams from B.C.’s mining and forestry industries with the move.
“This expansion achieves three things for us,” Jason Greene, the company’s vice-president of Sales & Marketing, said. “First, it will help us to better serve our existing and potential clients on the lower mainland. Secondly, it will prepare us to maximize future LNG development opportunities in Western Canada. And finally, it will diversify our product offerings and support our expansion into different industries.”
With a number of potential LNG projects at various stages of approval in B.C., Bilton will look to leverage its track record in Alberta’s energy industry to secure a share of the future work.
Bilton was founded in 1992 and now has seven manufacturing facilities in Innisfail, as well as offices in Calgary and Vancouver.