Strongco Income Fund
Strongco Income Fund (Strongco) is one of the leading industrial equipment suppliers. It is also engaged in the designing, manufacturing and distribution of engineered systems products. Additionally, the company provides after sales support that includes spare parts and repair services. It also provides budget pricing, capital equipment supply and fabrication, replacement component supply, project management and other related engineering systems services. Strongco offers its products and services to various segments including agriculture, building construction, demolition, forestry, governmental, industrial, landscaping, and mining and quarries, road building, utilities and waste and recycling businesses. Strongco primarily operates in Canada and the U.S. It is headquartered in Mississauga, Canada.The company reported revenues of (Canadian Dollars) CAD 427.32 million during the fiscal year ended December 2008, an increase of 8.43% over 2007. The operating loss of the company was CAD 0.13 million during the fiscal year 2008, as against an operating income of CAD 9.91 million during 2007. The net loss of the company was CAD 0.40 million during the fiscal year 2008, as against a net profit of CAD 8.33 million during 2007.