The landscape east of Olds continues to evolve, as development progresses at Netook Crossing.
New buildings for Moody’s Equipment and Netook Construction are well underway, with Techmation Electric & Controls Ltd. planning to build there as well.
Moody’s Equipment, which sells and services New Holland agricultural and construction equipment, hopes to be in its new premises by late November or early December, said branch manager Dennis Haw.
At more than 20,000 square feet, the new building will give it badly needed space, he said.
“Right now, we’re probably about 9,500 square feet,” said Haw, referring to Moody’s existing premises on the west side of Olds.
“We need a bigger shop and a bigger parts area.”
He thinks Netook Crossing’s prominent location off Hwy 2 will enhance the business’s visibility and make it more accessible for customers.
The old building dates back some 25 years. It was occupied by Belsher Equipment Ltd., with Belsher acquired by Moody’s in 2009.
Not far from the new Moody’s building is Netook Construction’s future home.
The oil and gas construction company has operated from the family farm northwest of Olds since 1976, said general manager David Doyle. A move to improved facilities has been planned for some time.
The new site will give Netook Construction a 12,000-square-foot shop, plus about 10,000 square feet of office space.
“We’ll be moving our whole operation out there,” said Doyle.
He said the building’s proximity to Hwy 2 should help the company — which employs about 55 people full time and more than 150 during peak periods — attract and retain workers. The highway will also make it easier to move equipment and access parts and supplies.
Doyle expects the move to occur early next year.