An important announcement was made October 25, 2017 by VETS Group President & CEO, Sean Rayner, regarding our Mechanical division. See the complete announcement below.
Announcement - VETS Mechanical by Sean Rayner, VETS Group President & CEO
October 25, 2017
Three years ago we started VETS Mechanical with the goal of increasing the Edmonton commercial construction market share of VETS Sheet Metal, and to decrease our reliance on oil, gas and industrial work. After many sleepless nights, looking at alternate solutions and with a lot of heartache, I have made the decision to wind down VETS Mechanical. There will be immediate and longer term changes that will affect members of our team and their families’ livelihoods, and for that I am deeply sorry.
We knew we would face challenges like any start up that would include the execution risks faced by any project-based construction company. What we could not predict was the massive shift in Alberta’s political and economic environments.
The last 12 – 18 months has been difficult for many Alberta families and businesses in the construction industry and the outlook for the next 12 months for commercial construction is grim; fewer development permits, unresponsive and uncooperative governments at all levels, stiff competition and jobs being awarded often at or below cost. This has combined to create the perfect storm leading us to a very difficult decision.
Unfortunately, the only reasonable option for us was to wind down our Mechanical operation. VETS Mechanical will complete its current obligations and honour its commitments to staff, customers and suppliers, but VETS Mechanical will no longer be taking on new projects.
The other divisions of the VETS Group throughout Alberta; VETS Sheet Metal, VETS Facility Services, VETS Electrical, and our two AirTek Pneumatics locations in British Columbia will continue to source and complete projects. We will continue to serve all our customers with renowned craftsmanship and our HONOUR core values at heart
Recently the Sheet Metal & Air Conditioning Contractors’ National Association (SMACNA) recognized Canadian member firms for their safety efforts in the inaugural SMACNA Safety Excellence Award Program–Canada.
In the past, SMACNA has recognized members in the United States for their outstanding occupational safety and health performance. This year, they have included Canadian firms and VETS Group is proud to be 1 of those 3 Canadian firms recognized.
The full article from SMACNA can be found here: https://www.smacna.org/news/latest-news/archives/2016/06/09/smacna-recognizes-canadian-firms-for-safety-excellence