A local business has a new owner that is looking forward to increase its presence in the Estevan area.
Mryglod Steel and Metals announced the acquisition of Regens Metals last month via the company’s Facebook page. Regens, which has a shop in southeast Estevan, will operate under the Mryglod Steel and Metals name.
Kyle Mryglod, who will manage the Estevan location, said there is a really good business community in Estevan that made them want to invest in the city.
“We’ve been already trying to make our way into Estevan, and this was just a good opportunity for us,” said Mryglod, who has been around the Mryglod business his entire life, and working full-time for six years.
Mryglod had some previous dealings with Regens. They were competing businesses, but Mryglod described it as friendly in nature.
The sale won’t affect the services offered locally. Regens Metals provides a public scrap yard, container services, farm and site scrap metal removal and cleanup, and equipment salvage.
Employees from Regens will be retained.
And while there will be some changes in the operations, Mryglod doesn’t expect they will be too significant.
Regens’ customers have responded favourably to the sale, he said. Nobody has voiced concerns, and they’re happy that Regens is still owned by a southeast Saskatchewan entity.
“We plan to continue to be involved in the Estevan community, still with sponsorships and carrying on things that Regens is already doing,” said Mryglod.
Mryglod Steel does a lot of sponsorships for sports group and other initiatives in the Weyburn area.
The company has a yard in Regina, and it is also the owners of South Side Auto Wreckers in Weyburn, and a new full steel warehouse in Weyburn.
“We sell plumbing and welding supplies, hardware and tools,” said Mryglod.
Mryglod Steel and Metals is an exciting place to work, he said, and he gets to learn something new every day.
“That’s going to be the biggest change for us in Estevan, is it’s a little bit different of a market than in Weyburn and Regina. You see a lot more stuff from the oilfield,” said Mryglod.