The new owners of Penticton91裸聊视频檚 Slimline Manufacturing say it91裸聊视频檚 going to be business as usual.
The Penticton manufacturer of agricultural equipment was acquired by Decisive Dividend for a base purchase price of $7 million.
91裸聊视频淚t will stay a Penticton-based company for sure. We think it91裸聊视频檚 a great company that has a great group of people working in Penticton,91裸聊视频 said James Paterson, CEO of Decisive Dividend. 91裸聊视频淭hat91裸聊视频檚 not going to change.91裸聊视频
Paterson said former owner Kim Blagborne, who acquired the company in 1990, will be staying on for the near future. Slimline makes agricultural sprayers, sold around North America through its large dealer network, and wastewater evaporators which are sold around the world.
91裸聊视频淲e91裸聊视频檙e certainly very very excited about Slimline and its prospects. It91裸聊视频檚 a great little company. It91裸聊视频檚 got a phenomenal reputation in the industry,91裸聊视频 said Paterson.
91裸聊视频淲e don91裸聊视频檛 see that changing and we just hope that we91裸聊视频檙e able to continue doing what it is that they91裸聊视频檝e been doing in give them some opportunities for growth.91裸聊视频
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Decisive Dividend also owns another Penticton company, Blaze King, and Paterson said the Slimline acquisition will assist the production capacity at Blaze King and support product lines at their Unicast Steel Foundry in Kelowna.
Paterson said they typically want companies to continue to run the way they91裸聊视频檝e been running.
91裸聊视频淪o all of the existing employees are staying and they91裸聊视频檙e doing business as usual and then we try to exist them with growth opportunities,91裸聊视频 he said. 91裸聊视频淜im built a great little company. And we are big fans of Penticton, we think Penticton has lots of opportunities.91裸聊视频
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Steve Kidd
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