About Caytec Equipment LTD (dba DEL Equipment)
- In early 1982, the Alberta Economy was in the doldrums due to the after effects of the reigning government's new National Energy Policy. Drilling rigs were lined up at the border to go south for better jobs and money. Starting a new company at that time was, to say the least, risky - but when you are young and energetic and you believe in your abilities, it should stand a fighting chance.
Peter Vanderlinden and Burke Schumacher pooled their resources and on May 1, 1982 they opened the doors. Initially, they wanted to call it Cantec (Canadian Truck Equipment Company), however, that name was already in use and they settled for Caytec, the 'Y' being there for phonetic reasons and nobody had that name! Relying on their previous experiences, they slowly made progress through the '80's moving to larger premises on the Blackfoot Trail in 1985 and, after acquiring Canspec Manufacturing in 1990, to their present address in the Foothills Iindustrial Park in Southeast Calgary.