Two local metal fabrication companies are joining forces in hopes their new meld will be a “dominant force” in the industry.
Ridalco Industries announced Tuesday it is acquiring fellow Ottawa company P.E. Rail & Son. Terms of the deal, which closed on Jan. 1, were not disclosed and the newly merged firm declined to disclose its headcount. Pierre Rail, president and CEO of Rail & Son, will join the senior management team of the combined company.
A release says that both firms specialize in custom steel and aluminum fabrications for hospitals, governments, commercial building operators and other businesses as well as individual homeowners.
OBJ360 (Sponsored)
![Ottawa business growth survey with Welch LLP](https://assets.obj.ca/2024/07/WBGS-2024_1280x720_Promote-report-300x169.jpg)
Ottawa’s growth is at an inflection point
One thing the Welch LLP Business Growth Survey taught us this year is most of the business community thinks we’re on track, but have a ways to go.
![uOttawa Faculty of Engineering](https://assets.obj.ca/2024/06/Engineering-20240624_114812_0000-300x169.jpg)
uOttawa’s Faculty of Engineering is filling skill gaps in the tech industry
University of Ottawa’s Faculty of Engineering has been preparing for this moment for years, proactively adapting its curriculum to meet the evolving demands of the technology sector and the Ottawa
Family-owned P.E. Rail & Son was founded nearly 50 years ago according to the company’s website, while Ridalco’s history stretches back to the 1940s. Ridalco president and CEO Joe Hunnisett said in a statement that the acquisition is a key component of the company’s growth plan.
“Combining the long histories, customer relationships, and deep expertise of these two businesses creates a dominant force in our industry,” he said.