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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Industrials
Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling.


TSXV:OML - Post by User

Omni-Lite Industries Canada Inc
Bullboard Posts
User Avatar Image
(4)
•••
Post by rawoaton Aug 27, 2018 5:50pm
67 Views
Post# 28525830

Massive news! M&A, new CEO, new CFO

Massive news! M&A, new CEO, new CFOhttps://globenewswire.com/news-release/2018/08/27/1557231/0/en/Omni-Lite-Industries-Canada-Announces-Strategic-Acquisition-and-Names-David-Robbins-as-CEO.html

I didn't have time to scrutinize the details in order to try to assess the short and long term prospects of this huge development.  Just wanted to share the news on this board.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities