Fusion Production Systems partnering with B.C. equity firm

A Red Deer County oilfield fabrication and design company has struck a deal with a Vancouver equity firm to help it expand operations. Fusion Production Systems Inc., which operates out of Belich Business Park just west of Red Deer, and the Seacliff Group announced on Tuesday that they’ve entered into a partnership that will see Seacliff invest in Fusion.

A Red Deer County oilfield fabrication and design company has struck a deal with a Vancouver equity firm to help it expand operations.

Fusion Production Systems Inc., which operates out of Belich Business Park just west of Red Deer, and the Seacliff Group announced on Tuesday that they’ve entered into a partnership that will see Seacliff invest in Fusion.

“We have achieved strong growth in the past few years and new investment from Seacliff will help us enhance our customer services, expand our product line of multi-phase separators and flow back equipment, and will capitalize on opportunities in the oil and gas sector,” said Dean Simpson, president of Fusion.

A release issued by the companies said Simpson will continue to lead Fusion as president and his staff will remain.

Fusion is an integrated fabrication and design company, with portable separation equipment among its specialties.

The Seacliff Group is a privately-owned group of companies that’s active in the construction, powerline and oil and gas services, and real estate sectors. Its private equity division has been investing in businesses in the infrastructure and industrial service sectors.

Just Posted

Red Deerians shop for exotic plants at spring plant sale

Exotic plants are popular at the Red Deer & District Garden Club’s… Continue reading

Central Albertans come together to end MS

Red Deer’s Bre Fitzpatrick has MS. The medication the 34-year-old is on… Continue reading

Wildfire crews watching for dangerous wind shift in High Level, Alta.

HIGH LEVEL, Alta. — Crews battling an enormous wildfire just outside the… Continue reading

New poll suggests one-third don’t want politicians to wear religious symbols

OTTAWA — While most Canadians firmly back the Charter of Rights and… Continue reading

Red Deer stamp-collecting event a hit, local club expected to start in fall

Postage stamp-loving Red Deerians can expect to have a place to gather… Continue reading

WATCH: Cars, airplanes, motorcyles on display at Red Deer Airport

Cars, motorcycle and airplane enthusiasts united at the Red Deer Airport Sunday… Continue reading

Cast your votes for the Best of Red Deer

Nominations for the Best of Red Deer Readers’ Choice Awards are officially… Continue reading

Bid to get D-Day beaches added to list of UN World Heritage Sites in limbo

OTTAWA — The beaches of Normandy, where the Allies stormed ashore to… Continue reading

Could this 20-year-old Montreal polyglot be Canada’s most multilingual student?

MONTREAL — Georges Awaad answers the phone with a polite “Hello,” but… Continue reading

Feds lay out proposed new rules for voice, video recorders in locomotives

OTTAWA — The federal Liberals have laid out their proposal for rules… Continue reading

Trump’s trophy day of sumo, golf and cheeseburgers in Japan

TOKYO — President Donald Trump presented a special U.S.-made trophy to the… Continue reading

Two dead, one seriously injured, following explosion in Calgary home’s garage

CALGARY — Police in Calgary say they believe a house fire where… Continue reading

Raptors fans spill onto the streets ahead of potentially historic game

Cars honked, exhilarated fans chanted and long lines formed outside bars and… Continue reading

Most Read