This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Supreme Group LP Acquires Pro-V Mfg. Inc.

EDMONTON, Dec. 18, 2012 /CNW/ - Supreme Group, the largest privately owned steel fabrication and construction business in Canada, has announced the full acquisition plans of Pro-V Mfg. Inc., located in Acheson, AB. As of January 1 st, 2013, Pro-V will become Pro-V Manufacturing LP, a proud member of the Supreme Group family of companies.

In early 2010, Supreme Group acquired a majority stake of Pro-V's operations with the option for future expansion of the shareholdings. Both companies have a long history of successful joint ventures, including the completion of numerous module projects for the industrial sector. Pro-V is an ASME code certified manufacturer with ABSA approved quality programs for their shop and field operations. These certifications extend from design and manufacture of pressure vessels, including their repair and alterations, to repair of boilers and green-field piping fabrication and installation.

As stated by John Leder, President and COO of Supreme Group to employees of Pro-V: "By this acquisition, Supreme Group includes an established and reputable mechanical company within the Group, and Pro-V Mfg. Inc. moves forward by its association with the largest privately held structural steel fabricator and constructor in Canada. In combination, we will be able to provide significant enhancements to our capacity to supply the burgeoning industrial sector in Alberta and beyond."

Greg Prinsen, President of Pro-V, will remain at the helm of the newly fully integrated operation.  He is supported by a strong contingent of loyal office, plant and field forces that have already demonstrated compatible operations acumen with Supreme Group business culture and staff.

Pro-V's existing plant is in close proximity to Supreme Group's newest fabrication plant and module yard also located in Acheson.  Through increased demand in pipe fabrication services, Pro-V has expanded production into available shop space in Supreme Steel's Plant #1 facilities, situated on 184 th Street in West Edmonton.

SOURCE Supreme Group

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs