Calgary-area Sage Energy Corporation and NGC Compression Solutions merged their businesses, effective immediately, to form NEXT Compression Corp. The company makes natural gas compression equipment and is led by CEO Shane Guiltner.
Siemens Canada received an order from Inter Pipeline to supply two SGT-800 industrial gas turbine generators, with a 25-year service agreement, for a Central Utilities Block at the Heartland Petrochemical Complex near Fort Saskatchewan, Alberta. Commercial operation is expected in late 2021.
Platinum Equity completed its acquisition of Husky Injection Molding Systems, based in Bolton, Ontario, from Berkshire Partners and OMERS Private Equity for $3.85 billion, announced on 29 March 2018.
The Province of Ontario is partnering with Sleeman Breweries to create 15 new jobs and retain 412 positions in Guelph. The brewery is expanding its packaging capabilities and upgrading equipment with support from the Southwestern Ontario Development Fund, announced on 2018-03-13.
Unisource Technology was awarded a contract by the Department of National Defence for valves, reels, pumps, couplings and filter elements for refueller vehicles, worth CAD 53,242.77. The award was published on 2018-03-13 with a contract award date of 2018-03-12.
SNC-Lavalin, in consortium with TechnipFMC, was awarded a lump sum EPC contract by NOVA Chemicals for two gas cracking furnaces at its Corunna cracker in Canada. The award supports a third phase expanding the unit's ethylene capacity by more than 50%.
Nu Flow Technologies built a 38,000 square foot manufacturing and R&D facility in Ajax, Ontario to serve licensees worldwide. The article is dated 28 February 2018 and no investment value was given.
Siemens won a contract to supply a turbo-compressor train, including an RFBB36 pipeline compressor driven by an SGT-A35 gas turbine, for TransCanada's Winchell Lake Compressor Station as part of the NGTL pipeline expansion in Alberta. Commissioning is planned for the fourth quarter of 2019.
Canadian rotating equipment services company Blackstone Industrial Services has closed its acquisition of Nuovo Parts Inc., a North American distributor of Nuovo Pignone and GE spare parts, based in Surrey, B.C. The deal was announced on January 26, 2018.
Deschenes Group Inc. acquired Corix Water Products, a division of Corix Infrastructure, effective January 1, 2018. The deal adds 55 sales outlets, including 12 in the U.S., and pushes Deschenes past the billion-dollar sales mark.
Public Works and Government Services Canada awarded Craig Packaging Limited a contract for 150,000 paperboard boxes for Health Canada, with an amendment value of CAD 169,500. The award was dated January 17, 2018.
Kruger rebuilt its MP10 newsprint machine at the Trois-Rivières mill in Quebec into a 100% recycled linerboard machine under a $250 million modernization project announced in September 2015. Official start-up occurred in May 2017.
Ontario tent and industrial bag maker Porcupine Canvas has relocated its production to Boucherville, Quebec, with a CAD 5.2 million investment and 30 jobs over two years. The move raises its annual production capacity by about 25%.
Current Water Technologies Inc. closed its acquisition of 100% of Pumptronics Incorporated, paying $700,000 cash, a $100,000 deposit credit, a $400,000 promissory note and 12 million shares.
Craft brewery À la Fût is investing over CAD 3 million to build a new plant with 14 brewing tanks in Saint-Tite, Quebec, doubling its production, which is currently about 125,000 cans a year.
Canadian compressor services company Ironline Compression acquired Calgary-based Protech Compression Services in January 2018, with backing from private equity partner Staple Street Capital. Protech provides engine and compressor overhaul services in Alberta.
OMERS and Berkshire agreed to sell Husky to Platinum Equity for $3.85 billion. Husky makes injection molding systems.
Laminacorr began a 3-year expansion including a 20,000 sq ft addition in the Cornwall Business Park, Ontario, and an upgrade of one extrusion line. Equipment investment is over $1.5 million and building investment is $1.7 million.
Xylem agreed to acquire all shares of Pure Technologies, a leader in leak detection and infrastructure assessment for water networks, for CAD $9.00 per share in cash, an enterprise value of CAD $509 million (USD $397 million).
Cascades is acquiring four containerboard packaging plants in Ontario from the Coyle family, adding about 500 million square feet of annual capacity. The total cost of the transaction, including its Greenpac and Tencorr stakes, is C$49 million.
Cascades Inc. acquired four Ontario plants from the Coyle family: McLeish Corr-a-Box, Brown Packaging, Coyle Corrugated Containers and Coyle Packaging. Consideration was CAD 28 million including CAD 4 million assumed debt, completed on 4 December 2017.
Fuller Industrial, an Ontario pipe spool and rubber lining maker, merged with Alberta-based ACR Group to form ACR Fuller; FirePower Capital advised on the deal, which closed in September 2017.
TricorBraun, a St. Louis packaging company, acquired Taipak, a flexible packaging provider headquartered in Richmond, British Columbia. It is TricorBraun's first move into flexible packaging, and Taipak will be renamed Taipak, A TricorBraun Company.
TC Transcontinental acquired Montréal-based flexible packaging converter Les Industries Flexipak Inc., which employs 55 people, extending its packaging footprint to Eastern Canada.
Graphic Packaging will run a new paper-based packaging partnership with International Paper's Consumer Packaging business, holding 79.5% while IP keeps 20.5%. The partnership is valued at about $6bn and will assume $660m of IP debt.
Kruger inaugurated its converted machine number 10 at the Trois-Rivières mill, now producing 360,000 metric tonnes of packaging board for e-commerce, after a C$250 million project. About 80 local companies shared C$40 million of work.
All-Pro Services Ltd. was awarded contract FP802-170133 to replace the duplex water-cooled compressor at a West Vancouver work site with a new air-cooled duplex compressor and air receiver. The contract value is CAD 159,733 and completion is expected by March 31, 2018.
BDG & Associés and the Fonds de solidarité FTQ acquired Plastube Inc., a Granby, Quebec manufacturer of extruded and decorated plastic tubes for cosmetics, pharmaceutical, food and industrial markets. Plastube employs about 130 people.
Cooper Standard celebrated the grand opening of its dedicated Industrial Specialty Group facility in Sherbrooke, Quebec, which consolidates three existing ISG sites. The $10 million investment supports non-automotive EPDM rubber sealing products.
AP&C, a subsidiary of Arcam AB and GE Additive, officially inaugurated its new titanium powder manufacturing facility in Saint-Eustache, Quebec, which will add 106 jobs by the end of 2017.
Cascades officially inaugurated its expanded corrugated packaging plant in Drummondville, Quebec, a CAD 26.4 million investment that added 45,000 sq ft and a new fast corrugator, now fully ramped up.
Kruger committed C$377.6 million to diversify its Brompton and Wayagamack mills in Quebec into specialty papers; Investissement Québec takes a 37.5% equity stake and provides loans, creating Kruger Specialty Papers Holding L.P.
Toromont Industries agreed to buy privately held Hewitt Group, operator of 45 Caterpillar dealerships in Quebec, the Maritimes, Labrador West and Ontario, for about C$1.02 billion in cash and shares, expected to close by mid-October.
Mill Street has acquired Nottawasaga Mechanical, a provider of heating, refrigeration and air conditioning services, as reported on 2017-08-04.
Royal Containers announced the acquisition of corrugated packaging manufacturer Rexdale Container Corp., based in the Greater Toronto Area, to increase capacity and geographic presence in Southern Ontario.
Supremex has completed its acquisition of Montreal-based folding carton maker Stuart Packaging for $17.5 million on a cash-free, debt-free basis, plus $2.1 million payable over 24 months subject to targets.
Olymel is spending $8.1 million to expand its La Fernandière plant in Trois-Rivières, Quebec, doubling its surface area and raising yearly production capacity from 14 to nearly 20 million kg. Completion is scheduled for December 2017.
AFGlobal, a Houston oil and gas OEM, acquired Advanced Measurement Inc., a Calgary-based provider of automation, controls and data management systems, previously a subsidiary of Key Energy Services. The deal was announced July 6, 2017.
MV Technologies received a purchase order for its SulfAx hydrogen sulfide removal system from the governments of Canada and Quebec as part of a $31 million biomethanization program. The announcement was dated June 27, 2017.
TricorBraun, a St. Louis packaging company, agreed to acquire Salbro Bottle, a Woodbridge, Ontario maker of plastic and glass containers and closures. No financial terms were disclosed. The announcement was made on June 26, 2017.
Atlantic Packaging Products and Canada Fibers announced a broadened strategic alliance to improve recovery of used corrugated material for Atlantic's paper mills and to develop integrated sustainable packaging programs.
Edmonton-based Jet Label & Packaging acquired United Label Company of Coquitlam, British Columbia, in summer 2017. The deal expands Jet Label's mass-market retail customer base and adds production capacity, with new machinery planned for 2018.
Kruger has completed the conversion of machine 10 at its Trois-Rivières mill, which previously made newsprint, to produce lightweight recycled cardboard. The project cost CAD 250 million and was done with Investissement Québec.
Tulsar Canada, a manufacturer of water and wastewater control systems and a division of Zoeller Corporation, moved into a new facility in Brant County, Ontario, and plans to quadruple production and workforce there.
Rayonier Advanced Materials agreed to acquire Tembec in a deal with a purchase price of about US$807 million including US$487 million of net debt assumed, with Tembec shareholders receiving C$4.05 cash or shares.
The Government of Canada, through the Build in Canada Innovation Program, awarded Burlington, Ontario-based Thordon Bearings a CAD 339,000 contract for its SeaThigor Marine Mechanical Face Seal, which is being tested by Fisheries and Oceans Canada and the Canadian Coast Guard.
Quebec injection molder IPL Inc. won a $13 million contract to manufacture about 325,000 rolling green bins for Calgary's new composting program. The city announced the program on April 20, 2017.
In April 2017, American Hydro, now part of Wärtsilä, signed a contract with H2O Power to upgrade, rehabilitate and install two Francis turbine units at the Island Falls Generating Station on the Abitibi River in Ontario, Canada.
Trican Well Service agreed to acquire all shares of Canyon Services Group in an all-share arrangement valued at about $637 million including $40 million of Canyon debt. Canyon shareholders will hold about 44% of the combined company.
Geomembrane Technologies Inc. was awarded a contract by Lake Utopia Paper, a J.D. Irving company, to supply and install a 204 x 102 m gas collection cover for a new 150,000 cubic metre anaerobic digester at its New Brunswick mill. Substantial completion is expected in 2017.