October 22, 2017 11:58 AM ET

Chemicals

Company Overview of Premier Tech Ltd.

Company Overview

Premier Tech Ltd. manufactures horticulture and agriculture products, flexible packaging equipment, and water treatment systems. Its horticulture and agriculture products include consumer products, such as seeds, fertilizers, growing media solutions, control products, and ice melters; horticulture products, including greenhouse and floriculture, nursery, and turf and landscape products; and agriculture products, such as field and specialty crops. The company’s flexible packaging equipment comprise weighers and feeders, baggers, palletizers, stretch wrappers/hooders, and industrial data processing systems; rigid packaging products, such as conveyors and sorting systems, and palletizers; and b...

1, avenue Premier

Campus Premier Tech

Rivière-du-Loup, QC G5R 6C1

Canada

Founded in 1923

1,400 Employees

Phone:

418-867-8883

Fax:

418-862-6642

Key Executives for Premier Tech Ltd.

Chairman of the Board and Chief Executive Officer
President, Chief Operating Officer and Director
Chief Financial Officer and Senior Vice President
President of Premier Horticulture
President of Industrial Equipment Group
Compensation as of Fiscal Year 2017.

Premier Tech Ltd. Key Developments

Premier Tech Ltd. Invests to Expand Plant at its Campus in Rivière-Du-Loup

Premier Tech announced that it will inject $7 million into expanding one of the plants at its campus in Rivière-du-Loup. That investment is required due to the great demand for its automated packaging systems manufactured in Rivière-du-Loup and exported primarily to the Americas. The multiple acquisitions over the last few years in this sector are also greatly contributing to the need for increasing the company's manufacturing capacity. Starting in March, the work for adding 2,300 square meters (25,000 Sq ft) to one of the two Industrial Equipment Group plants in Rivière-du-Loup will get under way. The expansion will include an area dedicated to final assembly and start-up of the automated packaging systems designed by the company's engineering teams, as well as an isolated area dedicated to stainless steel work. The latter aspect is necessary with the considerable increase in sales in the food industry that the Group has been experiencing for several years.

Premier Tech Acquires the Manufacturing Facility Located in Mattaponi, Virginia

Premier Tech announced it has acquired a manufacturing facility located in Mattaponi, Virginia. Formerly owned by the German company ASB Greenworld, this plant will be added to the North American platform of the Premier Tech Business Unit Premier Tech Horticulture, thus expanding its manufacturing capacity in the United States. Leveraging this new foothold on the East Coast, Premier Tech Horticulture will widen its commercial offer while benefiting from an increased proximity with its clients on the American horticulture markets. By fall, the newly acquired facility will allow the company to offer its clients a wider product offer integrating Premier Tech biocontrols and biostimulants.

Similar Private Companies By Industry

Company Name Region
3E Nano Inc. Americas
6227945 Canada, Inc. Americas
9949941 Canada Inc Americas
A-Z Sponge & Foam Products Ltd Americas
AB Fertilizer Inc. Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 13, 2017
Brisanzia Technologies Pvt Ltd
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Premier Tech Ltd., please visit www.premiertech.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.