Garneau Inc. · Nisku, AB Canada ·(Canadian NEX: GAR)
Company Description
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This link will open in a new window Garneau helps companies throw their products down the tubes. The company manufactures and applies industrial-strength protective coatings and linings for oil and gas pipelines. Its products protect pipelines and related equipment from temperature differences and corrosion. The company also fabricates oil field equipment, including clean and prime machines, coat and wrap machines, ditch pumps, pipe benders, pipeline kettles, and pipeline pigs. It designs and erects highly automated coating plants for the international market and has sold coating plants in Russia, the Middle East, and Australia. Competitor ShawCor acquired 19% of Garneau in 2004. It agreed to buy the company in 2006, but the deal fell through. To read the full description, subscribe now.
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Key Garneau Inc. Financials
| Company Type | Public - Canadian NEX: GAR Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $14.1 |
| 2008 Employees | 114 |
Garneau Inc. Executives
10 executives listed for Garneau Inc.'s Nisku, AB location.
| Title | Name & Bio | Contact |
| Chairman | Daniel Motyka | Network |
| President, CEO and Director | Glen Garneau | Network |
| Acting CFO | Megan Picard | Network |
Competition
Competitive Landscape for Garneau Inc.
Demand depends heavily on the health of the US economy, including corporate profits and local government budgets. The profitability of individual companies depends on accurate project bids and efficient operations. Large companies have advantages in their ability to engage in multiple projects simultaneously and in many types of construction. Small companies can compete effectively by specializing, working in a limited geography, or serving as subcontractors on larger projects. Average annual revenue per industry worker is $290,000. To read the full description, subscribe now.Top Garneau Inc. Competitors
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