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J.H. Fletcher & Co reached an agreement in principle to acquire the Cannon Mining product lines from Lake Shore/Trident, including underground mining equipment such as jumbos, bolters, and scalers. The acquisition is expected to close in May 2022.
Lake Shore Systems Inc. integrated into Trident Maritime Systems as of January 1, 2022, rebranding as Trident Maritime Systems - Heavy Equipment Group. All facilities remain open and employees retained.