Armtec

History

 

Armtec is a leading manufacturer and marketer of a comprehensive range of infrastructure products and engineered construction solutions for customers in a diverse cross-section of industries that are located in every region of Canada, as well as in selected markets globally.

These markets include Canada’s national and regional public infrastructure markets and private sector markets in agricultural drainage, commercial building, residential construction and natural resources.

Operating through its network of regional offices and production facilities across the country, Armtec’s broad range of engineered solutions include products for drainage, bridge applications, soil retention, rehabilitation and water management systems including corrugated high-density polyethylene, corrugated steel pipe; an array of architectural and structural precast and pre-stressed concrete products from steps, paving stones, slabs and wall panels to highly engineered structural components designed and installed for projects such as bridges, sports venues and parking garages; and, a full suite of noise barriers, acoustic enclosure and wall systems along with associated retaining and traffic barrier systems.

1908
Armtec is founded as Canada Ingot Iron.

1931
Armtec is renamed Armco Drainage & Metal Products.

1983
Jannock Ltd. acquires a 50% interest in Armco.

1985
Jannock Ltd. acquires the remaining 50% of Armco. Company name is changed to Armtec.

1998
Jannock Ltd. acquires Big O, a leading Canadian manufacturer of corrugated HDPE pipe and related products for the infrastructure and agriculture sectors.

2000
Big ‘O’ and Armtec amalgamate to create the first multi-material pipe and engineered products provider in the Canadian marketplace.

2001
Armtec is acquired from Magnatrax Corp. in a management-led buyout sponsored by ONCAP, an Onex Small Cap Investment Fund.

2004
Armtec Infrastructure Income Fund is created through a $90.15 million IPO. Proceeds are used to indirectly purchase 100% of Armtec operations; units trade on the TSX under symbol ARF.UN.

Armtec acquires the Construction Products Division of Maritime Steel & Foundries Ltd.


2006
Armtec acquires the Construction Products Division of Twister Pipe Limited of Calgary, Alberta.

Armtec broadens product offering by acquiring exclusive license from BEBO Arch of Canada to sell the BEBO concrete arch bridge technology throughout Central and Western Canada.

Armtec’s product offering is further broadened by a sales and distribution agreement with CONTECH Stormwater Solutions, a leading U.S. supplier of stormwater quality systems.

2007
Armtec makes transformational acquisition of Con-Force. Con-Force, with over 60 years of experience in the precast industry, became Armtec’s single largest transaction in its history.

2008
Armtec acquires certain property and assets of Bruce Tile. Based in Walkerton, Ontario, Bruce is a leading high density polyethylene pipe (HDPE) and drainage tile manufacturer and a significant supplier to Ontario’s agricultural market for over 35 years. The acquisition strengthens the Armtec Division’s competitive position in Ontario’s growing agricultural drainage market.

Armtec acquires Durisol Inc. and its related companies and forms the Durisol Division, a new operating division of the Fund. Based in Hamilton, Ontario, Durisol manufactures highway noise barriers and related highway and infrastructure products such as retaining walls and acoustic enclosures. Within the past 30 years, hundreds of miles of Durisol noise barriers have been installed across North America and around the world.

Armtec acquires A.E. Concrete, as part of its strategy to develop a national precast concrete platform for the Con-Force Division. AE Concrete has a precast production facility in Surrey, British Columbia, where it has manufactured and supplied precast concrete standard products to the B.C. and Washington state infrastructure and residential markets for over 35 years.

Armtec acquires the assets of the Brooklin Concrete division of Clearford Industries and the shares of Boucher Pre-cast Concrete Ltd. to expand the geographic scope of Con-Force’s precast business. The transactions build on the acquisitions of Con-Force and A.E. Concrete Precast Products, provide more than 100 years combined experience in the precast market, and increase the range of products and services that we can offer to customers in Ontario and Quebec.

Armtec acquires the shares of BURNCO Concrete Products Ltd. from the BURNCO Group of Companies. Known as Con-Force Concrete Products (CFCP), the company produces a wide variety of precast concrete products and pre-mixed package products, including office and warehouse insulated wall panels, high-rise office panels, architectural wall panels, steps, stairwells and pre-mixed concrete, mortars, stuccos, cements and hollow core, with nearly 100 years of history.

2009
Armtec acquires the shares of Pre-Con Inc. With facilities in Brampton and Woodstock, Pre-Con is the market leader in custom precast and pre-stressed concrete products in southern Ontario. The company has provided single source technical sales, design, engineering, project management, manufacturing and installation services for precast concrete (predominantly pre-stressed) components and systems to both commercial/industrial and infrastructure markets since 1958.

2010
Effective January 1, 2010, the Fund’s reorganization brings together the former Armtec, Con-Force and Durisol Divisions into one regionally based organization, supported by a centralized services group headquartered in Guelph, Ontario.

2015
Armtec LP becomes an affiliate of Brookfield

2017
Armtec divests its standard precast operations in Surrey, BC, Brooklin & Ottawa, ON.