Canerector is excited to announce the acquisition of Promac Industries Inc., a move that strengthens our machining capabilities particularly in the energy services sector. “We’re thrilled to welcome Promac Industries to our network,” said Matt Warden, Canerector’s Senior Vice President. “Promac’s focus on downhole tooling and high-end machining, paired with its extensive technical knowledge in … Read More
Celebrating Our WBE Certification Can an achievement be remarkable and routine at the same time? Can it be worth celebrating while also being standard operating procedure? The answer to these questions can be found in the latest certification within Canerector. This year, several Canerector companies within Canada successfully completed Women’s Business Enterprise (WBE) certification, an … Read More
We’re thrilled to welcome Jesse Waltman as our new Vice President of Finance. Jesse brings a wealth of knowledge and expertise to Canerector, with responsibilities spanning accounting and finance, M&A, HR, procurement, and legal within North American manufacturing, distribution, and marketing environments. Jesse’s passion for developing teams and making finance accessible to non-finance leaders makes … Read More
As we bid farewell to Kevin Stinson, our VP of Finance, we celebrate not just the accomplishments, but the values he’s embodied and instilled in our company. Kevin joined us at a pivotal time in October 2020, after a global challenge. Finding the right person had proved to be a challenge, but when we met … Read More
Of all the challenges business owners face while shepherding their organizations, perhaps none is more emotionally charged than that of making the decision to sell. In the case of multi-generational family-owned and run businesses, making that call can be even more difficult. Perhaps nobody understands this better than Tom and Wally Trepp who recently sold … Read More
Canerector, a leading industrial products and services provider, announced today the acquisition of Wyoming, USA-based Excal Inc., further strengthening its position in the casting industry served by its Foundrion Group. “The acquisition of Excal Inc. marks the third acquisition in three months for Canerector’s Foundrion Group. It underscores our confidence in the foundry market and … Read More
Individually, they are great. Together, they are unstoppable. No, this is not a reference to the Avengers. Although, like those fictional superheroes, Calibre exemplifies what can be accomplished when high achievers unite under one banner and work towards a common goal. Calibre Industrial Group launched June 3rd, bringing together eight of Canerector’s leading fabrication and construction … Read More
Things are heating up at Canerector! We’re pleased to announce the acquisition of Riverside Foundry Inc., a strategic move that strengthens our position in the casting industry served by Foundrion Group. “We are delighted to welcome Riverside Foundry Inc. to Canerector’s Foundrion Group,” said Joe Tabak, Group President. “This acquisition expands Foundrion’s presence in our … Read More
In business, there are different schools of thought on what it takes to achieve long-term success. Some companies incentivize short-term gains giving the appearance of strength on the surface. Others prioritize belt-tightening and adopt complicated approval mechanisms where ‘No’ is the default. This can make it difficult to add more when necessary. And then there’s … Read More
Canerector, a leading industrial products and services provider, announced today the acquisition of Coronado Steel, a move that strengthens its position in the foundry industrial market, served by its Foundrion Group. The strategic acquisition underscores Canerector’s commitment to growth and its history of expansion through acquiring and investing in North American businesses that exhibit strong … Read More