Canerector Strengthens Machining Capabilities with Promac Industries Acquisition!

Canerector has officially acquired Promac Industries Inc., a strategic move that significantly enhances its machining expertise, particularly in the energy services sector. This acquisition aligns with Canerector’s commitment to precision manufacturing, advanced machining solutions, and long-term industry partnerships.

Promac Industries specializes in downhole tooling and advanced machining, leveraging its technical knowledge in turning and milling to serve the demanding needs of the energy sector. The company has built a reputation for design and manufacturing consultations, prototyping, and high-quality production, making it a strong fit within Canerector’s expanding network.

“We’re thrilled to welcome Promac Industries to our network,” said Matt Warden, Senior Vice President of Canerector. “Promac’s expertise and commitment to quality align perfectly with our vision, and we’re excited to support their continued growth.”

With a strong foundation in customer trust and reliability, Promac has established long-standing relationships in the industry. Trina Vitolianos, President of Promac Industries, emphasized that their dedication to quality and dependability has been the key to their success.

“Our success is built on a foundation of trust, both in our expertise and our dedication to quality and dependability in the energy services industry,” said Vitolianos. “It’s what makes us a leader and will keep us on top for years to come.”

Canerector’s acquisition strategy focuses on empowering companies to operate independently while benefiting from shared resources, expertise, and growth opportunities. Sean Monaghan, Promac’s previous owner, expressed confidence in the transition, highlighting Canerector’s structured transaction process, financial stability, and commitment to the company’s future.

“We were impressed with Canerector’s approach to the transaction process and future commitment to the organization,” said Monaghan. “Joining Canerector marks a significant milestone for our team. With access to a robust network of peers and resources, the team is poised for an exciting future.”

As Canerector continues its strategic expansion, this acquisition strengthens its position as a leader in machining and manufacturing solutions, reinforcing its long-term vision of innovation, excellence, and industry leadership.