Tornado Global Hydrovacs Ltd.
Tornado Global Hydrovacs Ltd.
Suite 510, 7015 MacLeod Trail South Calgary, Alberta T2H 2K6
403 204-6333
Sector: Industrial
Description
Tornado Global Hydrovacs Ltd. is a truck manufacturing company that operates in the farm and heavy construction machinery industry. The company began its journey in 1984 with the foundation of Tornado HVAC Trucks.
Tornado Global Hydrovacs is a public corporation listed on the Toronto Venture Stock Exchange in Canada, with its common shares listed under the ticker symbol TGH. The Calgary-based truck company is involved in the designation, development, manufacturing and distribution of light duty and heavy duty hydrovac trucks.
Hydrovac trucks utilize high pressure water to liquefy the soil concurrently with a high pressure vacuum to draw soil for excavation. It exposes critical infrastructure and facilitates repairment and installation without any unnecessary damage.
The HVAC portfolio of the company includes the following:
F2 Eco-Lite
F3 Eco-Lite
F4 Eco-Lite
F5 Eco-Lite
T70 Twister
The company distributes and sells these trucks to municipal corporations and oil and gas corporations to support excavation service providers. In addition to the trucks, the company also provides quality truck parts or tool kits at competitive prices with options for delivery or pick up.
The company also renders repair, maintenance, and other services for all types of hydrovac trucks, whether manufactured by the company itself or by any other manufacturer. It also provides a limited repair warranty on workmanship and parts/components defects.
Tornado Global Hydrovacs works in partnership with two companies:
JD Brule Equipment represents the company and offers its trucks, parts, and services across the eastern part of Canada.
Custom Truck One SourceTM offers specialized trucks and heavy equipment with related services and customer support in different locations throughout North America.
The company has expanded its manufacturing and sales business operations to China. However, it continues to generate a significant part of the revenue from the key markets of North America.
Peers

U.UN
Sprott Physical Uranium Trust

CANB
CanadaBis Capital Inc.

SPDR
Spyder Cannabis Inc.

AEP
Atlas Engineered Products Ltd.

RSI
Rogers Sugar Inc

MARV
Marvel Discovery Corp.

XX
Avante Logixx Inc.

ALA
AltaGas Ltd.

VNP
5N Plus Inc.

FCC
First Cobalt Corp.

CLL.A
CCL Industries Inc

KWE
KWESST Micro Systems Inc.