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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 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.


TSXV:TGH - Post by User

Post by mjh9413on Jun 09, 2021 1:28am
325 Views
Post# 33353390

Hydrovac jv

Hydrovac jvWell in 2019 Rollins was gung-ho. Read the article.:

https://www.plant.ca/features/going-global-tornado-to-make-its-hydrovacs-in-china/

What happened? They sent at least one hydrovac over there and now they just make parts to ship back here!!! The operations are a footnote to the business reports and Rollins imparts no real info on why it stopped dead in its tracks. Doesn't make sense to me, but (as I say) what do I know...

There are hydrovac service companies in Alta that make more money than TGH using hydrovacs. In fact the whole business is really broad and there is good market for second-hand hvc's

TGH isn't a start-up. When will it get bigger and resoundingly profitable!!!!!  They have the engineering skills, have to train users of their machines. Maybe they should try the Badger business  model if they are not going to broaden their markets.


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