Gincor Werx, a Mattawa truck and trailer manufacturer, has acquired Drivetec Manufacturing, which makes truck parts out of its Sudbury shop.
The acquisition will take effect on Oct. 1, 2022.
Drivetec specializes in servicing hydraulics, drivelines, suspension systems, and vehicle alterations, as well as the distribution of key components to the truck and trailer industry.
“Drivetec has a solid reputation for providing parts and service which will align well with our growth strategy moving forward. The geographic presence provides more flexibility for our customers, meeting their needs closer to home,” Gincor’s president and CEO, Luc Stang, said in a Sept. 16 news release.
“We are pleased to have this new group of employees to be part of the Gincor Werx family. Over the course of the next several weeks, we will be working closely with the team at Drivetec to begin integration. We will continue to operate ‘business-as-usual’ while leveraging each other’s strengths.
“I am confident that both Gincor and Drivetec will deliver a greater client experience and that is our intention. Our principles and best practices will not waiver while we aspire for new ways to collectively improve and provide a well-rounded customer experience.”
Since 1978, Gincor Werx has manufactured vocational trucks and specialized trailers for use in construction, municipal, and other industries from its headquarters in the Town of Mattawa, east of North Bay.
The company operates seven locations across Ontario, employing more than 250 people, and has partnerships in place with multiple dealerships across North America.
Gincor Werx has been recognized as a top-growing Canadian company by the Globe and Mail's Report on Business, and as a preferred employer by Great Place to Work.
