As at September 29, 2023Show prices
Regina, Saskatchewan – PFM Capital Inc., on behalf of SaskWorks Venture Fund Inc. (“SaskWorks”) is pleased to announce a new investment in Commercial Industrial Manufacturing Ltd. (“CIM” or the “Company”).
Commercial Industrial Manufacturing Ltd. is a Humboldt-based, family-owned and operated metal fabricating business, specializing in commercial, industrial, and agricultural products.
“Commercial Industrial Manufacturing Ltd. (CIM) stands as a testament to their family-owned excellence, with a proven track record of supporting industrial manufacturing activity in Saskatchewan. We are pleased to embark on this new partnership with CIM.” Said Jeff Linner, Partner and Chief Investment Officer at PFM Capital Inc.
The Company has been operating in Saskatchewan since 1985, staffs approximately 40 employees and services agricultural and construction industries in addition to municipalities and utility service providers.
“We are excited about our new partnership with SaskWorks. CIM has been a reputable Saskatchewan brand for nearly four decades, and PFM’s understanding of our province, industry and customer base made them a clear choice. We look forward to continuing what we’ve built at CIM and utilizing this partnership to continue to grow the business moving forward.” Said Allan Hauber, President of Commercial Industrial Manufacturing Ltd.
About Commercial Industrial Manufacturing Ltd.
CIM is a Humboldt, Saskatchewan-based metal fabrication business providing services to both agricultural and commercial clientele, as well as local municipalities and utility providers. Since 1985 CIM has provided their customers with a variety of truck bodies, trailers, and custom metal fabrication products, with the addition of coil tech products in 1992. We are proud to have gained a reputation for providing high-quality products and excellent service to our customers. For more information, please visit www.cim-letd.ca
About PFM Capital Inc.
PFM Capital Inc. is Saskatchewan’s largest private equity investment firm with over $750 million in assets under management across several funds. Based in Regina, Saskatchewan, PFM’s niche focus allows investors to benefit from the Prairies’ economic strengths by taking advantage of the firm’s established local contact network and long-term track record. PFM is employee-owned and has been managing private equity and venture capital funds since 1993. For more information, please visit www.pfm.ca
About SaskWorks Venture Fund Inc.
SaskWorks Venture Fund Inc. is a Saskatchewan-based retail mutual fund that invests in privately held small and medium-sized businesses owned or primarily operated in Saskatchewan. SaskWorks has over $468M in AUM with over 24,000 shareholders within the province of Saskatchewan. For more information, please visit www.saskworks.ca