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 turning and milling, is a great fit for us. Their commitment to design and manufacturing consultations and prototyping brings valuable strength to our network.”
By maintaining a focused approach, Promac has consistently met the demanding needs of the industry. Its technical expertise and strong dedication to its core customers have earned Promac several long-standing relationships.
“Our success is built on a foundation of trust, both in our expertise and our dedication to quality and dependability in the energy services industry,” said Trina Vitolianos, President. “It’s what makes us a leader and will keep us on top for years to come.”
As Canerector continues to expand through acquisitions, we are committed to providing each company the resources to flourish independently while benefiting from access to a network of peers, invaluable insights, and opportunities for growth. It’s this approach that gave Promac’s previous owner Sean Monaghan, the confidence to know we were the best long-term home for the business.
“We were impressed with Canerector’s approach to the transaction process and future commitment to the organization. Plus, their financial capability was exemplary,” said Monaghan. “Joining Canerector marks a significant milestone for our team. With the benefit of a robust network of peers and resources, the team is poised for an exciting future.”
As we begin this new chapter with Promac, we see a bright future ahead. We look forward to supporting Promac as they continue their journey and are thrilled about what’s next.