North Bay mining supplier Schauenburg Industries has been acquired by new owners, and will become Norvent Mine & Tunnel Ventilation, effective Jan. 1, 2022.
Schauenburg manufactures products related to ventilation and ducting, primarily for the mining, tunnelling and forestry industries.
The company had previously operated as a Canadian subsidiary of the parent company, Schauenburg International, which is headquartered in Mülheim, Germany.
According to a statement released on Dec. 8, the new owners are Canadian and the business will be led by principals based in Northern Ontario.
“While Schauenburg Industries was a proud subsidiary of German-based Schauenburg International Group, Norvent Mine & Tunnel Ventilation is 100 per cent Canadian-owned with Northern Ontario principals who will continue to grow the company in the global marketplace,” the statement said.
“We will continue to lead with innovation and timely solutions to the challenges facing mining and tunnelling going forward.”
Established in 1969, Schauenburg has expanded a number of times over the years to its current 24,000-square-foot footprint, which includes the manufacturing facility, offices and a warehouse.
Schauenburg additionally opened an office at the NORCAT Underground Centre in Sudbury last May.
The company has created a number of innovative products for the market, including its 'K-max ducting,’ a type of rigid fibreglass ducting that enables faster airflow, thereby reducing the cost of electricity used to provide ventilation.
In the Dec. 8 statement, the company suggested there would be few changes to its Northern Ontario operations.
“The current manufacturing plant based in North Bay, Ontario, is very important to Norvent and it will continue as a long-term strategic investment,” the statement said.
“The entire management group and its loyal workforce will remain with the organization and continue to provide excellent customer service.”
