Entrec

In 1995, a company called Schell Equipment was founded, which would later become the foundation for Entrec. A key figure in this journey was Rod Marlin, who served as Executive Chairman. The company carved out a niche in providing integrated crane, heavy haul transportation, and logistics solutions. Its primary customers were in demanding sectors like oil and gas, construction, mining, and power generation. The company, rebranded as Entrec, went public in May 2011. This marked the beginning of a significant growth period. Led by President and CEO John M. Stevens, Entrec embarked on a series of acquisitions to expand its footprint and capabilities across Western Canada and into the United States. This strategy aimed to build a one-stop solution for complex industrial projects. However, the business faced significant headwinds. In May 2020, impacted by a downturn in the energy sector and the COVID-19 pandemic, Entrec Corporation filed for creditor protection in Canada and the U.S. to facilitate a court-supervised restructuring. This led to the sale of its assets in pieces. In January 2020, the Canadian crane division was sold to Sterling Crane, a Berkshire Hathaway company. By November 2020, its U.S. operations were acquired by ProLift Rigging Company, while other Canadian assets were sold to LaPrairie Group, effectively marking the end of Entrec's operations as a standalone entity.