CALGARY, Nov. 24, 2015 /CNW/ - Bilton Welding and Manufacturing Ltd. achieved 116% five-year growth rate at its fiscal year end on September 30, despite challenging oil and gas prices. The company realized 21% sales growth with a sustainable bottom line.

"Based on our market outlook, we expect a continued strong sales performance over the next year," says Jason Greene, VP Sales & Marketing. "We've successfully improved our efficiencies and supply chain, which has translated into savings for our customers. Moreover, we've created new opportunities by employing new products and technology."  

"In today's changing markets, remaining bold while focusing on our business model is our main priority," states Robert Bilton, President and CEO. "Operational innovation, diversification and continued investment in our team will be at the forefront of our strategic plan. We will deliver on this by collaborating with our customers, building preferred pricing agreements and sustaining a strong work force."

Boilerplate

Bilton Welding and Manufacturing Ltd. designs, engineers and manufactures custom energy equipment for the oil and gas market. In 2013, the company was recognized as one of Canada's Fastest Growing Companies and was awarded Business of the Year in Central Alberta. Since 1992, Bilton has worked with engineering firms and oil and natural gas producers from around the globe to develop equipment standards for any size, capacity and technical specifications.

SOURCE Bilton Welding and Manufacturing Ltd.