Canam cans Manac tag
BOUCHERVILLE, Que. (Dec. 9, 2004) — Steel fabricator Canam Manac is changing its name to Canam Group Inc. effective Jan. 1, 2005.
The Quebec company said the name change follows on the heels of its decision to focus exclusively on design and fabrication of construction steel and to sell its Manac division that makes trailers for the trucking industry.
In May Canam sold the 970-employee trailer division to the unit’s president Charles Dutil and two other Quebec partners in order to concentrate on its construction products business. The deal included all trailer assets, Manac plants in Quebec, and a semitrailer facility in Oran, Mo. The Orangeville, Ont., dry van plant — which was closed permanently in January after a long layoff — was not part of the sale.
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