A new Canadian-Swedish Partnership
Canadian manufacturer of mast climbing work platforms, Fraco Products Ltd, and its president Armand Rainville recently concluded an agreement with Krister Kempainen regarding the manufacturing in North America for construction elevators and industrial lifts.
Krister Kempainen, former CEO of Swedish company Alimak AB, has held similar positions in companies operating in the same markets. He works within the access systems industry for more than 25 years and has accumulated a tremendous knowledge over these types of equipment and the markets they are intended. He also has extensive experience in international markets.
The two businessmen were talking for more than two years, seeking the ideal formula to
achieve their mutual interest in a strategic alliance. Mr. Rainville agrees that this
partnership allows Fraco to take firm and permanent position in a market which he
sought to pierce for the last six years. As he mentions, “to be associated with an expert
such as Krister is a real dose of incredible adrenaline for Fraco’s employees. This
These new access systems will be fully manufactured at Fraco’s facilities located southeast of Montreal. They will include raw materials and components from North America. This equipment will be commercialized under the brand Fraco and will be available for purchase and rental.
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