CEDA International Corporation has a proud history in North America. Its roots extend back to 1973 when 16 employees purchased the Canadian industrial cleaning and oilfield stimulation operations from its American parent company, Magnachem Ltd.
To secure the acquisition, $140,000 in cash was required along with establishing a working line of credit with a bank. Bill Mowatt, the Canadian operations Manager at the time, turned to his 15 employees and their wives, presented a plan and a vision to purchase the division from its American parent.
Effective January 1, 1973, under the banner of Chem-Wash Industries, Bill and his employees purchased all industrial cleaning and oilfield stimulation equipment from Magnachem Ltd. In its first year of operations, under the new employee-owned company, Chem-Wash doubled revenues previously earned by Magnachem Ltd.
Chem-Wash Industries was headquartered in Calgary, Alberta with additional service locations in Edmonton, Olds and Devon. Offices were also set up in Estevan, Saskatchewan and Vancouver, B.C.
In 1976, the shareholder employees began to realize the name Chem-Wash did not fully reflect its true lines of business. Hence, the company name changed to “CEDA” (Canadian Engineering Development Association). In addition, to meet the growing need for more complex cleaning and oil well stimulation chemicals, CEDA Research Ltd. was developed.
As the Company grew, more employees wanted to participate as shareholders, so Bill and the Board of Directors created the concept of Dealers. Under this structure, dealers would purchase their own equipment, employ their own staff and operate under stringent terms and conditions with CEDA. In turn, dealers could find a local client base and operate as a local business, but under the CEDA banner for product, technology and guidance. The concept was a tremendous success and dealers immediately set up business in select locations across Canada and the USA including: Estevan, Saskatchewan; Alberta (Medicine Hat, Calgary, Innisfail, Whitecourt, Brooks, Grande Prairie); British Columbia (Prince George, Fort St. John and Vancouver); Sarnia, Ontario; Mandan, North Dakota; and Odessa, Texas.
In 1979, CEDA Research Limited and Chem-Wash Industries Ltd. were amalgamated as CEDA Manufacturing and Sales Ltd. with the following Divisions:
During this time period, the Company’s focus was to develop chemicals, equipment and procedures to reduce the costs of production and maintenance for its customers. CEDA engineers and service technicians designed and fabricated special equipment for specific industrial cleaning services: high-pressure water-blasting units, truck-mounted vacuum systems, chemical-circulating units and waste-handling equipment. CEDA Manufacturing and Sales Ltd. begin servicing clients in the oilsands industry in Fort McMurray, providing waterblasting, powerwashing, chemical cleaning and steaming.
The 80’s was a time of growth and expansion across North America. Fort McMurray becomes the second largest centre for services, primarily the oilsands plants. By 1985, CEDA had service centres throughout Canada and Northern USA, offering oilfield chemicals, catalyst handling, dredging and industrial plant services.
By 1989, CEDA was now conducting business in five provinces and three states, and employing over 300 employees. Bill Mowatt, founder of CEDA retires, but remains as a director on the Board.
CEDA changed hands of ownership in the 90’s. Employees sold their shares of the Company to Enserv, who in turn, later sold to Precision Drilling. In May 1996, CEDA International Corporation was formed.
CEDA creates an Emergency Response Team (CERT) trained in Hazardous Material Emergency Response and responds to its first call.
In September 2005, Borealis Investments Inc., a division of OMERS, purchased CEDA International Corporation from Precision Drilling. CEDA International Corporation remains under OMERS’s ownership.
CEDA International Corporation positions itself for further growth and strategically acquires complementary service companies in continued response to growing customer preference to contract with larger industrial maintenance companies.
With a strong financial profile and a more comprehensive scale of operations to handle large projects, CEDA International Corporation maintains an exemplary reputation for quality work and boasts an industry leading track record for employee safety and customer satisfaction.
Today, CEDA International Corporation is one of the largest providers of industrial maintenance, turnaround and construction services in North America. With more than 2,200 talented and passionate employees, CEDA is committed to delivering world-class service through innovative technologies, equipment and processes, safely, every time. CEDA is comprised of several subsidiary companies and has 30 offices throughout North America.