16 Dec How Conquest Equipment Used the Business Incentives to Start Up in Estevan
When Conquest Equipment was looking for a new location to expand their business, Estevan was one of the first choices. This wasn’t just because of its proximity to Oxbow where the business started, but also because of the available incentives that made the move and facility upgrades possible.
Conquest Equipment rents and sells heavy construction equipment. They specialize in compaction, but also provide other construction equipment. With most of their clients spread across western Canada and North Dakota, Estevan’s central location has worked well for the company. Moving into 2021 Conquest is looking forward to offering service work based out of Estevan for equipment owners. Previously, they have only provided service work on their own equipment.
Conquest’s office is located next to Southeast College on Bourquin drive. They moved into their location in December of 2018 and were able to take advantage of the New/Growing Business Tax Incentive. One of the areas that this incentive covers is for new entities purchasing an existing vacant building within Estevan. These businesses are eligible to receive a property tax exemption of up to $10,000 per year for 3 consecutive years*.
“We heard about the incentive program (Economic Development) had” said Conquest Equipment President, Greg Hodgson. “The incentives helped offset the taxes enough for the first few years and it justified us moving in here and getting established and developing the property.”
“So far, Estevan has been a good fit to move to,” Hodgson added. “We’re ideally located with the close proximity to the North Portal border crossing and easy access to heavy trucking routes. Being closer to local suppliers has also been a benefit to working in Estevan. “It’s a lot easier to only drive across town to get parts and materials instead of coming from out of town.”
Businesses looking for more information on this or any of the other business incentives can find it at EstevanEconomicDevelopment.ca, or by contacting Coal Transition and Economic Development Coordinator Richard Sadick at (306) 634-1843 or email economicdevelopment@estevan.ca.
*Terms and conditions apply. All applications are subject to the approval of the Estevan Economic Development Board.