Heavy truck upgrader expands: Gin-Cor acquires southern Ontario trailer manufacturer.

• Author: Ross, Ian
• Position: NEWS

Gin-Cor Industries of Mattawa has added J.C. Trailers Design & Fabrication of Keswick to the fold.

The northeastern Ontario heavy truck upgrader expects this latest acquisition to benefit employees, customers, suppliers and dealers.

The acquisition, which was finalized on April 8, is really a succession plan for J.C. Trailers founder John Csiki and his wife, Helga.

Gin-Cor president-CEO Luc Stang said the Csiki family has been a supplier to Gin-Cor for 20 years.

Discussions began last June and progressed through last summer.

This acquisition dovetails nicely with Gin-Cor's previous April 2015 acquisition, Durabody Industries of Bond Head (north of Toronto), a custom truck and trailer manufacturer.

Stang said adding J.C. not only broadens their geographical reach, but adds to their client base and meets the need for additional manufacturing space in southern Ontario.

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"We were running out of capacity and space at Durabody," said Stang. "For the continued growth demands for that organization, and J.C. being in Keswick, 40 minutes from Durabody, it lends itself hand-in-hand with giving us additional capacity, and additional depth and expertise in trailer manufacturing."

Durabody builds enclosed van body trailers for shipping general freight or specialty materials.

J.C. Trailer manufactures trailers for hauling excavators, large mining machinery, and heavy pieces of equipment between 35 tonnes to 100 tonnes.

Stang said both Gin-Cor and J.C. Trailer have common clients, but it also allows Gin-Cor to branch off into a new market segment and pick up new customers.

"The construction market where we build our dump trucks, we often have a J.C.-type product with a tag-along trailer to go behind a dump truck to...