This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

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

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs