JTL Integrated Machine Ltd. acquires CAN-ENG Furnaces International
by CM Staff
CAN-ENG is a global designer and manufacturer of thermal processing equipment for ferrous and non-ferrous metals.
NIAGARA FALLS — On Apr. 5, Victor Oreskovich, Owner of JTL Integrated Machine Ltd. (JTL), and Trenergy Inc. (Trenergy), announced the recent acquisition of CAN-ENG Furnaces International Limited. (CAN-ENG).
Mr. Oreskovich has expanded his family of companies to leverage each group’s ability to provide customized engineered solutions. According to Mr. Oreskovich, “As a mechanical engineer born and raised in Niagara, I have always had great admiration for CAN-ENG’s technical expertise, and the level of quality and creativity provided by their products which are installed around the world.” With the addition of CAN-ENG, the combined resources will increase to over 250 associates, operating at four separate locations, and outfitted with the manufacturing capabilities. With this potential, CAN-ENG will be better positioned for strategic growth and development activity in thermal processing and heat treatment markets.
CAN-ENG is a global designer and manufacturer of thermal processing equipment for ferrous and non-ferrous metals. CAN-ENG’s furnace systems provide advancements in energy saving technology and automation. The Company finished 2020 with a large backlog, bolstered by a high order intake well above plan for the operating year.
JTL is one of the largest machining facilities and fabrication shops in North America. Established in 1964, JTL offers full-service precision component manufacturing capabilities that include the largest CNC machines available, heavy metal fabrication, assembly, surface finishing, high accuracy laser inspection and testing metrology capabilities.
Trenergy is a global supplier of infrastructure critical, code specified pressure vessels, drums, superheaters, economizers, waste heat boilers, heat exchangers, gas coolers and moisture separators.