Tornado Global Hydrovacs Ltd V.TGH

Alternate Symbol(s): TGHLF

Industrials

Tornado Global Hydrovacs Ltd. is a Canada-based company, which designs and manufactures 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 hydrovac trucks offering include Tornado F2 Urban Hydrovac, Tornado F3 City Hydrovac, Tornado F4 Rural Hydrovac, and Tornado F5 Remote Hydrovac. Tornado F2 Urban Hydrovac is a lightweight force in any downtown operation. It operates through a production facility located in Red Deer, Alberta (the Red Deer Facility) and a sales and head office located in Calgary, Alberta. In China, the Company’s subsidiary is used principally to source certain manufacturing inputs for its North America operations.

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Tornado Global Hydrovacs Ltd > Good qtr

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Comment by xgbssxxon Jun 08, 2021 12:55pm

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RE:RE:RE:RE:Good qtr

I wouldn't necessarily think it will require China to take off. The Red Deer facility ups their production volume tremendously. Once they can demonstrate the demand, they could look at borrowing to expand further. With North American stimulous money for infrastructure being announced, we can expect increased demand that Badger can't meet.

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