Compass Compression Plans to Break Ground on New Fabrication Facility
CALGARY, Alberta and DALLAS, June 24, 2014 /CNW/ - Compass Compression Services Ltd. and Compass Compression Solutions Inc. ("Compass Compression"), who offer packaging, rental and service of natural gas compression equipment, announced today its plans to build a new fabrication facility in Calgary, AB. This new facility is strategically located to provide cold weather packages to Compass' Canadian and Northern US customer base.
Construction of a new 75,000 square foot fabrication facility located in Calgary's Southeast Frontier Industrial Park is scheduled to begin construction next month (July, 2014). Upon completion, expected in the second quarter of 2015, Compass Compression will have approximately 125,000 square feet of gas compression fabrication capacity. The addition of the new facility will increase the company's fabrication capacity by almost 50 percent.
"As the industry moves toward a higher volume of large horsepower compressor packages, we have been shop constrained," said John Forgeron, President of Compass Compression. "The design of the new facility will give us an extremely efficient large horsepower shop which allows us to fulfill current and future client demands, it will also free up existing space to grow our VRU and small HP compression business."
Compass Compression has been focused on growth since the appointment of a new ownership group in 2008. Recently, Compass Compression has been recognized for achieving 444% growth in revenue over the past five years. The new facility is another step intended to position the company for continued growth and further success.
About Compass Compression
Compass Compression is a growth oriented company focused on capability, response and partnership. Our highly technical team and significantly expanded packaging capabilities bring in-depth industry knowledge and hands on experience to any compression project. Compass Compression offers standard and custom screw, reciprocating and vane compressor packages between 5 and 8,000 HP, and also provides comprehensive field services, large horsepower compressor package rentals and a dedicated retrofit team.
To learn more, visit www.compasscompression.com.
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SOURCE: Compass Compression Solutions Inc.
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Compass Compression, Melissa Johnson, Marketing & Communications ([email protected]) or 1-855-262-2487
http://www.compasscompression.com
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