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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 redcoatson Oct 09, 2024 2:21am
146 Views
Post# 36258859

The TNT

The TNTIn the last news clip wasn't the name change, or the new product line. Excellent future driver of income, I'm sure. But we knew about those events, as welcome as they'll be. The big news, at least of what I knew, was the new assembly building. The Red Deer facility is huge, and has quite a number of very large truck bays in multiple buildings. But a new building signifies that the large area in place, is inadequate. And of course that means a large new production building is proof of the pudding. That's solid bricks & mortar. Not pie in the sky.

I understand their business as an all makes truck  servicing centre is getting busier and busier. It would be interesting to know how much it's income is and it's growth over time comparison might look like. The bays freed up from the new building should assist it's increasing growth, as well.

I imagine the large number of bays will be perfect for end of production line customizations for various different options and appointments.
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