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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

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

Comment by Willfinditon Feb 26, 2019 9:41am
156 Views
Post# 29413531

RE:RE:Little sister CNO is waking up

RE:RE:Little sister CNO is waking up
rawoat wrote: CNO is showing positive signs indeed.  I don't have any specific info, but we know that CNO have been reporting improved financials, and they have been working on a few SPS projects that have potential for commercial size.orders.

Positive developments at CNO would be great news not only for CNO shareholders, but for OML as well who own about 19% of CNO.



Thanks man, didnt know that OML own 19% of CNO. Interesting story here. 
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