Lloydminster β Much of the Saskatchewan oilpatch has held off on capital purchases since the oil downturn hit at the end of 2014, and thereβs a pending need to recapitalize their iron. However, on the trucking side, the money hasnβt necessarily been there.
βA lot know they need to get out of their truck, to buy a new one, but donβt have the money to,β said Dustin Gringell, who works in sales at Redhead Equipment in Lloydminster.
Chad Anderson, who handles heavy equipment sales with Redhead, said it is similar on the construction side, with companies stretching things out.
Gringell came in from working in the fluid hauling side of the industry. He noted, βThings are turning around, but itβs taking a long time.
βYou hear the whispers. The signs are there. Theyβre thinking about it,β he said.Β
