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Tornado Global Hydrovacs Ltd V.TGH

Alternate Symbol(s):  TGHLF

Tornado Global Hydrovacs Ltd. is a Canada-based company, which designs, fabricates, manufactures and sells hydrovac trucks, as well as provides heavy duty truck maintenance operations in central Alberta. The Company sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction, and oil and gas markets. Hydrovac trucks use high pressure water and vacuum to safely penetrate and cut soil to expose critical infrastructure for repair and installation without damage. Its segment includes North American, which is engaged in manufacturing and sales operations. Its hydrovac trucks offering include F2 ECO-LITE, F3 ECO-LITE, F4 ECO-LITE and F5 Eco-Lite. The F2 ECO-LITE’s overall height is approximately 11-foot 6-inch and length is 31-foot-6 inch. F3 ECO-LITE has a capacity of 10 cubic yards and a water capacity of 1250 US gallons. In China, the Company’s subsidiary is used principally to source certain parts to the Company’s North America operations.


TSXV:TGH - Post by User

Comment by mjh9413on Oct 17, 2019 9:09am
96 Views
Post# 30239439

RE:CHINA

RE:CHINAWell, I'd say this is a self-serving thing for the Director but nothing else. TGH had already implemented prodn and sales to NA of the cheaper parts from China for TGH's own Hydrovacs...I don't get how this moves ANYTHING forward regarding China prodn. Hey, this planned China prodn (between Jianghuoi and Tornada Chine (which now seems to be Tornado Asia!) was consummated in late 2018. It was meant to lead to China-based prodn of Tornado's hydrovacs to not just China but the whole World. Thy also had supposedly an arrangement with Daquing Tech to develop the market in China...where does any of this stand and how does this Agency arrangement push any of this forward. This is like a snail which not only moves slowly but meanders all over the place with no real explanation for its behaviour. We need a real update.
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