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Quarterly Update - June 30, 2010
Overview
TNR Industrial Doors Inc., a manufacturer and global distributor of high performance doors, announced that it has reached an agreement with CIW Enterprises Inc., to distribute TNR's full line of industrial rubber doors in the United States.
Under its Cookson adn Cornell Iron Works brand names, this agreement affords CIW Enterprises Inc., the opportunity to better meet its customer's productivity needs by providing rugged, high performance industrial doors. The agreement will also help enhance the coverage and penetration of TNR's distribution network to better serve the international building industry as well as solidify TNR's position as the industry's leading provider of high performance rubber doors
Fund Performance* As At May 31, 2010
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Fund |
1 Year |
3 Years |
5 Years |
Since Inception |
Fund II
|
24.09% |
0.47% |
3.87% |
-0.75% |
*Source: Globefund.com
Feature Investee Profile
EGI Financial Holdings
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Total Investment: $3.6 million Initial Investment Date: February 2002 Location: Mississauga, ON & Laval, QB Sector: Insurance Services Investment Structure: Equity Investor Status: Observer status Web: www.egi.ca |
Founded in 1997, EGI Financial operates in the property and casualty insurance industry in Canada. Through its subsidiary Echelon General Insurance, a service leader in the insurance industry, EGI Financial's focus is on specialty lines of insurance - programs and products that are created to answer the needs of underserved segments of insurance markets. A rapidly growing division for EGI is their Niche Products Division specializing in commercial and personal insurance products and programs. Their Personal Lines Division, the third largest in non-standard auto in Canada, offers non-standard automobile, collector vehicle, motorcycle, recreational vehicle and commercial automobile products.
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