Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Possibleidiot01on May 24, 2024 9:40pm
149 Views
Post# 36056920

Impressive quarter

Impressive quarterCan anybody explain the new product areas  mentioned here?

Brett Newton, President and CEO of Tornado, commented on the Company's recent performance and strategic direction, saying, "The first quarter of 2024 marked our eighth consecutive quarter of record revenue. The hydrovac sector is expanding rapidly within the broader North American infrastructure market, and Tornado is ideally situated to leverage this momentum. We will be focusing on moving from exclusively producing hydrovac equipment to becoming a comprehensive provider of infrastructure solutions. Our strategy includes offering turnkey solutions to our clients, aimed at capturing a larger market share in the hydrovac space and venturing into new product areas. We are committed to adding new and innovative products to our product line that will support the ongoing demand of the infrastructure, telecommunications and oil and gas industries.”

<< Previous
Bullboard Posts
Next >>