Le Lézard
Classified in: Oil industry, Business
Subject: TNM

Fort McKay Group of Companies continues to expand with acquisition of Birch Mountain Enterprises


FORT MCMURRAY, AB, Feb. 16, 2020 /CNW/ - One of the leading companies in oilfield construction and services is expanding with a new partnership that brings added benefit to clients and the community. The Fort McKay Group of Companies LP (FMGOC) is pleased to announce it has become a majority owner of Birch Mountain Enterprises. This new partnership positions the Fort McKay Group of Companies as a "Tier One" supplier in oilfield construction and services.

Birch Mountain Enterprises is Northern Alberta's leader in fluid handling services. With more than 250 units and 330 employees, the company operates the largest privately-owned fleet in the Fort McMurray region.

"This is an important step in the growth of the Fort McKay Group of Companies," said Sami Saad, CEO. "With our new agreement with Birch Mountain Enterprises, we will offer expanded services in the oil and gas industry, become more competitive and offer increased benefits to  our clients and the community."

The company will continue to operate as Birch Mountain Enterprises Limited Partnership, effective March 1, 2020.

"We are working to ensure this is a seamless transition," added Saad. "There will be no changes to operations, and we look forward to continuing to provide quality services to our existing clients while attracting new business opportunities with our expanded capacity."

Fully owned by the Fort McKay First Nation Band, FMGOC began in 1986 with six employees and a single janitorial contract. Since then, the group has aggressively taken advantage of its close proximity to the oil sands to establish a selection of innovative companies that provide both revenue and opportunity to their local community. With a strong commitment and priority focus on quality, cost, and safety, FMGOC has grown into a multi-million-dollar oilfield construction and services company, with approximately 1450 employees and offices located in Edmonton and the Fort McKay Industrial Park. Profits made by Fort McKay Group of Companies go back into the community of Fort McKay to support community centres such as the Heath Care Centre, Youth Centre, Radio Station, and the brand new, state of the art Riverside/Sonisipihk/Des k'e gah Care Facility.

SOURCE Fort McKay Group of Companies


These press releases may also interest you

at 14:45
James E. Wagner Cultivation Corporation ("JWC" or the "Corporation") , announced today that the Corporation and its subsidiaries (the "JWC Group") have obtained an initial order (the "Initial Order") from the Ontario Superior Court of Justice...

at 14:43
With global equity markets and bond yields plummeting as the coronavirus spreads throughout the world, the solvency positions of Canadian defined benefit pension plans declined by more than 13 percentage points from Q4 2019, representing the lowest...

at 14:35
NatureBox is teaming up with corporate offices around the USA and Canada to deliver curated snacking boxes for employees. As businesses in North America shift to having their employees work from home, many companies are providing the same perks seen...

at 14:26
PitchBook, the premier data provider for the private and public equity markets, today announced a lineup of webinars that will address the impact of COVID-19 on the private markets, specifically private equity (PE), venture capital (VC) and emerging...

at 14:24
The National Restaurant Association's ServSuccess program, in partnership with the American Hotel & Lodging Foundation (AHLA Foundation), today announced five popular, career-advancing training classes will be available free of charge to industry...

at 14:24
Sendero Health Plans, the community-based non-profit health maintenance organization serving the Austin-area, announced today that the company's Board of Directors voted to waive all costs to its members for treatment of COVID-19 with in-network...



News published on 16 february 2020 at 11:00 and distributed by: