Established in Victoriaville since 2005, Industek is accelerating its expansion outside Quebec, particularly in Western Canada.
Specializing in the design and manufacture of equipment that significantly reduces the ecological footprint, the SME recently teamed up with Lowe’s, a major hardware, building materials and renovation chain.
This partnership is a huge success for Industek. Remember that Lowe’s had bought Rona in 2016 for over $3 billion, before finally selling the Quebec brand to a New York private equity firm, Sycamore Partners.
But before achieving such a feat, Industek first had to prove itself! The Victoriaville-based company was already supplying Rona with storage sheds for hazardous products such as paint. The partnership has developed over time. The hardware chain then turned to presses and compactors, designed at the Industek factory.
It was by establishing a close relationship with this new partner that Industek succeeded in establishing contacts and a relationship of trust with Lowe’s, a true leader in its field with impressive sales of $48 billion!
In 2021, Lowe’s inaugurated its 1.2 million square foot distribution center. Located on the outskirts of Calgary, this fully robotized center supplies all the country’s renovation centers.
This distribution center is home to a number of Industek products, including a horizontal press that can compact cardboard and produce around ten bales an hour. Each bundle weighs 1,500 pounds. There are also vertical presses and a few compactors.
This association with the renovation giant has enabled Industek to become a Canada-wide distributor, a source of great pride for its fifty or so employees!
On the strength of this conclusive experience, Industek intends to pursue its development outside Quebec, and even in the United States. Several important partnerships could be announced in the coming months.