Lloydminster 鈥� Much of the Saskatchewan oilpatch has held off on capital purchases since the oil downturn hit at the end of 2014, and there鈥檚 a pending need to recapitalize their iron. However, on the trucking side, the money hasn鈥檛 necessarily been there.
鈥淎 lot know they need to get out of their truck, to buy a new one, but don鈥檛 have the money to,鈥� 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, 鈥淭hings are turning around, but it鈥檚 taking a long time.
鈥淵ou hear the whispers. The signs are there. They鈥檙e thinking about it,鈥� he said.聽
