Pointe-Claire

Skyline Industrial REIT purchases two newly developed industrial assets in the Montreal area, totaling 373,000+ square feet

Retrieved on:

Wednesday, February 21, 2024

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Guelph, Ontario, Canada, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Skyline Industrial REIT recently purchased two newly constructed industrial assets in the Montreal, Quebec area.

Key Points:

Guelph, Ontario, Canada, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Skyline Industrial REIT recently purchased two newly constructed industrial assets in the Montreal, Quebec area.
On January 16, 2024, Skyline Industrial REIT acquired the remaining partner interest of 555 & 565 Avenue Victor Davis in Pointe-Claire, Quebec.
On February 20, 2024, Skyline Industrial REIT purchased a single-tenant industrial logistics and warehousing facility located at 6100 Rue Notre-Dame Est in Montreal.
Skyline Industrial REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth Management”), the preferred Exempt Market Dealer for the REIT.

Skyline Industrial REIT reports a strong 2023 with $388.68 million in transactions and outlines key focuses for 2024

Retrieved on:

Tuesday, January 9, 2024

In 2023, the REIT completed eight transactions, adding three new assets to the portfolio and selling 15 non-core assets (in five separate transactions).

Key Points:

In 2023, the REIT completed eight transactions, adding three new assets to the portfolio and selling 15 non-core assets (in five separate transactions).
On February 10, 2023, the REIT sold a single-tenant industrial building located at 500 Saint-Louis Street in Saint-Jean-sur-Richelieu, Quebec.
On September 13, 2023, the REIT sold a single-tenant industrial freezer storage building located at 7801 Boulevard Henri-Bourassa E, Montreal, Quebec , for $22.6 million.
Heading into 2024, Skyline Industrial REIT remains grounded in its unwavering commitment to the principles that have defined its success to date.

Jim Estill, Owner of Danby Appliances, Acquires Arctic Snowplows; Preserving The Identity Of Another Canadian-Owned Manufacturing Company

Retrieved on:

Wednesday, January 10, 2024

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LONDON, ON, Jan. 10, 2024 /PRNewswire-PRWeb/ -- Jim Estill, Owner of Danby Appliances, announced that he has purchased Arctic Snowplows, a 55 year old Canadian manufacturer of plows, plow partners and spreaders built to fight winter in the True North. This acquisition further solidifies Estill's mission of keeping manufacturing and skilled trades in Canada.

Key Points:

Jim Estill, owner of Danby Appliances, acquires Arctic Snowplows, a 55-year-old Canadian manufacturer.
The acquisition aims to preserve Canadian manufacturing, with Arctic Snowplows remaining a standalone entity within the Estill corporate structure.
I am excited to have Arctic Snowplows, a 50+ year old Canadian company, as part of the portfolio, and growing the Arctic team's legacy."
I look forward to advising Arctic as they grow," stated Dan Armstrong, outgoing President and Owner of Arctic Snowplows.

Sunshine Biopharma Moves Principal Office to New York City

Retrieved on:

Monday, December 4, 2023

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NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Sunshine Biopharma, Inc. (NASDAQ: “SBFM”) (the “Company”), a pharmaceutical company offering and researching life-saving medicines in a variety of therapeutic areas including oncology and antivirals today announced that it has moved its headquarters to New York City.

Key Points:

NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Sunshine Biopharma, Inc. (NASDAQ: “SBFM”) (the “Company”), a pharmaceutical company offering and researching life-saving medicines in a variety of therapeutic areas including oncology and antivirals today announced that it has moved its headquarters to New York City.
The Company’s Head Office is now located at 1177 Avenue of the Americas, 5th Floor, New York, NY 10036 (Tel: 332-216-1147).
The Company will maintain a satellite office at its previous headquarters in Montreal (Canada) at 6500 Trans-Canada Highway, 4th Floor, Pointe-Claire, Quebec, Canada, H9R 0A5 (Tel: 514-426-6161).
Sunshine Biopharma is a pharmaceutical company operating a Canadian wholly owned subsidiary (Nora Pharma Inc.) with 41 employees and 51 generic prescription drugs on the market in Canada.

UPDATE -- ABB expands one of its Installation Products plants in Canada

Retrieved on:

Monday, September 25, 2023

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As a next step to the previously announced $16 million investment made on 2021-12-15 , ABB in Canada breaks ground for the expansion of its Installation Products plant in Pointe-Claire, Quebec.

Key Points:

As a next step to the previously announced $16 million investment made on 2021-12-15 , ABB in Canada breaks ground for the expansion of its Installation Products plant in Pointe-Claire, Quebec.
The facility will expand by 30,000 square feet to 65,000 square feet and once completed in 2024 will create 40+ new jobs.
“ABB’s investment is part of a five-year strategy to integrate new digital processes and automation across our operations,” says Matthias Heilmann, President, ABB Installation Products Division.
With more than 200,000 products under more than 38 premium brand names, ABB Installation Products solutions can be found wherever electricity is used.

ABB expands one of its Installation Products plants in Canada

Retrieved on:

Thursday, September 21, 2023

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Increased production capacity will better meet Canada’s growing demand for safe, smart and sustainable electrification solutions

Key Points:

Increased production capacity will better meet Canada’s growing demand for safe, smart and sustainable electrification solutions
MONTREAL, Sept. 21, 2023 (GLOBE NEWSWIRE) -- ABB is investing CA$16 million in its Installation Products Division manufacturing facility in Pointe-Claire, Canada.
“ABB’s investment is part of a five-year strategy to integrate new digital processes and automation across our operations,” says Matthias Heilmann, President, ABB Installation Products Division.
The site also produces Carlon® PVC products and other components used in a range of Canadian product lines.
With more than 200,000 products under more than 38 premium brand names, ABB Installation Products solutions can be found wherever electricity is used.

Supremex Announces Record Q1 2023 Results

Retrieved on:

Wednesday, May 10, 2023

“Supremex posted solid first-quarter results with recent acquisitions driving revenue growth, leading to a thirteenth consecutive period of year-over-year improvement in Adjusted EBITDA.

Key Points:

“Supremex posted solid first-quarter results with recent acquisitions driving revenue growth, leading to a thirteenth consecutive period of year-over-year improvement in Adjusted EBITDA.
“For the balance of 2023, our focus remains on integrating recent acquisitions with a priority on capturing all sales and cost synergies.
On May 9, 2023, the Board of Directors declared a quarterly dividend of $0.035 per common share, payable on June 23, 2023, to the shareholders of record at the close of business on June 8, 2023.
May 10, 2023 - First Quarter Results Conference Call:
A conference call to discuss the Company’s results for the first quarter ended March 31, 2023 will be held Wednesday, May 10, 2023 at 8:00 a.m. (Eastern Time).

Supremex Announces the Acquisition of Graf-Pak Inc.

Retrieved on:

Monday, May 8, 2023

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Its offering is comprised primarily of the printing and manufacturing of folding carton packaging products, mainly for the food and cosmetics markets.

Key Points:

Its offering is comprised primarily of the printing and manufacturing of folding carton packaging products, mainly for the food and cosmetics markets.
“The acquisition of Graf-Pak is a perfect fit with our existing folding carton operations in Quebec,” said Stewart Emerson, President and CEO of Supremex.
“Graf-Pak’s well-established business in the food and cosmetics sectors will provide further critical mass in these two important growth vectors for Supremex.
The MD&A and Financial Statements can be found on www.sedar.com and on Supremex’ website.

“We are answering the demand:” Skyline Industrial REIT reflects on milestone year and expects further development of industrial assets in 2023

Retrieved on:

Monday, January 23, 2023

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Previously the Vice President and Director of Acquisitions for Skyline Asset Management Inc., Bonneveld is now responsible for Skyline Industrial REIT’s strategic growth and performance.

Key Points:

Previously the Vice President and Director of Acquisitions for Skyline Asset Management Inc., Bonneveld is now responsible for Skyline Industrial REIT’s strategic growth and performance.
2022 also saw the near completion of the REIT’s strategic disposition program, with only a few smaller assets left for disposition in early 2023.
The program, which launched in 2021, focused on disposing of and redeploying non-core assets to further enrich the portfolio with more modern A-class industrial, warehousing, and logistics-focused assets.
Throughout the year, the REIT was very opportunistic, and acquired several individual industrial properties:

US $13 million investment by ABB to expand presence in Canada

Retrieved on:

Wednesday, September 28, 2022

This will support rising global demand, especially in the data center segment, and is ABBs second multimillion-dollar investment in a Canadian site in the last 12 months.

Key Points:

This will support rising global demand, especially in the data center segment, and is ABBs second multimillion-dollar investment in a Canadian site in the last 12 months.
ABBs latest investment is part of a five-year strategy to advance our digital capabilities and foster continued innovation, said Matthias Heilmann, President of ABB Electrifications Installation Products division.
This investment marks the next stage of our commitment to growth in Canada, says Alain Quintal, Vice President and General Manager of ABB Electrifications Installation Products division in Canada.
ABB previously announced a $12 million investment in its Installation Products Division manufacturing facility in Pointe-Claire, Canada .