PROFIT 500

#198 Years on PROFIT 200: 3

ICI Artificial Lift Inc.

Oil-and-gas production equipment

Inside track

Found a lucrative niche by inventing lightweight, hydraulic pump jacks for oil-and-gas wells; these jacks cost much less to operate than traditional pumps do

Company Profile

Founded: 2002 Chief Executive(s): Nicholas Donohoe
Website: www.iciartificiallift.com Head Office: Lloydminster, Alta.  

Company Financials

Growth 2006-11 (%): 208 Revenue 2011: 13,580,042 Revenue 2006: 4,413,794
Profit Margin 2011: > 10% Employees 2011: 20 Employees 2006: 8
Exports as % of Sales: 50 Reporting $: CAD