UPDATED: Parent replaces nephew as Alutrec CEO
LAURIER-STATION, QC – Michel Parent has been named president and CEO of Alutrec, a maker of aluminum trailers, with minority shareholders acquiring a majority stake in the company. He replaces his nephew, Julien Nadeau, in the role.
Parent has played an active role in the company for the last few years, and already had an ownership interest, the company says. Daniel Frenette will serve as general manager.
“A renewed and strengthened leadership will give Alutrec the opportunity to extend its global presence in the market and ensure its continuous growth. Today, a new chapter is beginning, but we will remain true to our mission, keep innovating, and put a greater focus on customer service,” Parent said.
The company currently makes about 200 trailers per year at its facility in Sainte-Agathe-deLotbinière, which has 50 employees. Production moves later this year to a new 228,000-square-foot plant in Laurier-Station.
Alutrec has been in business since 1995, and produces Capacity aluminum flatbeds among other models.
– Please note — an earlier version of this story incorrectly identified Parent’s nephew. Today’s Trucking regrets the error.
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