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
Any fan of the classic story The Wizard of Oz will be familiar with the significance of Dorothy’s ruby slippers. They were the key to returning home and were with her the whole time, but she didn’t realize it. Essentially, they were hidden in plain sight. The same can be said for the wide variety … Read More
Continuous Machine Learning (CML) is a form of Artificial intelligence (AI) that allows computers to learn without being explicitly programmed to do so. It does this by monitoring and retraining models with newly acquired data. The intent is to, as closely as possible, reproduce a human’s ability to take in and fine-tune information continuously. This … Read More
Standing on the precipice of retirement after a career in mechanical research and development (R&D), Dieter Hilker clearly recalls the boyhood moment that was a harbinger of things to come. “When I was 15, I took apart my father’s Volkswagen and made a snow plane,” Hilker said. “I found a couple of bed frames and … Read More