LOVELAND - Leed Fabrication Services will hire 40 employees in the next three months to work at its new facility in Loveland, the company said Friday.

Leed Fabrication, based in Brighton, manufactures equipment for oil and gas development nationwide. The company said it plans to hire welders, assemblers, machine operators and other staffers.

Cee-Jay Tool Co. once owned the 22,000-square-foot facility at 5100 Boyd Lake Ave. in Loveland. Leed Fabrication bought the building for $2.1 million March 2.

"It was a facility very well-suited for our manufacturing purposes," said Gail Meisinger, director of human resources. "This facility had a lot of the equipment already in place that we need."

Leed Fabrication will hold a job fair at the Loveland facility from noon to 6 p.m. April 25.

The company also maintains facilities in Brighton and Greeley.