Ventra plans Ontario plant, eyes expansion in U.S., Canada

Article Abstract:

Ventra Group Inc. intends to construct a new manufacturing plant in Ontario and is looking for possible location for a new paint plant in the Southwestern Ontario, Michigan, Ohio area. The auto parts manufacturer is also planning to add a third operation in Southeast US, although the plan is only speculative. The first two new plants are propelled by increased business from major auto makers ordering Ventra's jack systems, parking brakes, hinges and plastic exterior trim parts. The Ontario plant would employ around 200 people in four to five years, while the paint plant would hire another 200 to 300 employees.

Comment:

Intends to construct new manufacturing plant in Ontario & is looking for possible location for new paint plant

New capacity, new plant construction, Ontario, Article

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Ventra fights Proprietary takeover bid

Article Abstract:

Ventra Group Inc. goes to the securities commissions of Alberta and Ontario to stop a takeover bid from Proprietary Industries Inc., which Ventra sees as a violation of provincial securities legislation.

Government regulation (cont), Financial Holding Companies, Offices of Bank Holding Companies, Holding Offices, Cases, Financial services industry, Financial services, Acquisitions and mergers, Proprietary Industries Inc.

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U.S. firm said to be in talks for Ventra

Article Abstract:

Flex-N-Gate Corp. is allegedly in talks to acquire Ventra Group Inc.

United States, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Mergers, acquisitions and divestments, Brief Article, Flex-n-Gate Corp.

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