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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.


TSX:DRX - Post by User

Post by microcaphobbyon Dec 13, 2024 1:25pm
141 Views
Post# 36361352

competition

competitionThere was a recent report on the industry and there are no large companies:   fragmented and is characterized by the presence of numerous players located across regions. Key players cater to the export markets as well, while mid- to small-scale players cater mainly to domestic demand.

 ADf claims they have the  most automated plant in North America. They can do complex steel strutures faster than anyone.When Eli Lilly needs to get a building up quickly, they go the ADF.

ADf spent over 20 million to automate. The costs are now double  Not  manyof these companies  have that kind of capital and it can take a few years to get it set up from start to finish.  Very bold move by ADF but it is paying off. 


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