Spectra Steel Industries is founded by opening a 25,000 ft2 fuel tank manufacturing factory in Longueuil, Quebec.
Merger with Premium Automotive (Port Hawkesbury, Cape Breton) results in Spectra Premium Industries Inc.
The head office and the fuel tank factory move to a 100,000 ft2 facility in Boucherville, Quebec.
Acquisition of American Designers (Knightstown, IN)
- Becoming the North American leader in the manufacture of replacement steel fuel tanks
- Thus expanding distribution into the United States
Listing on the Toronto Stock Exchange (symbol: SPD)
Public offerings are completed with the objective of expanding into new product lines through acquisition.
Consolidation of the Canadian radiator industry through the acquisition of 7 companies:
- Coulter Radiator (Windsor, Ontario)
- Laniel Radiateurs (Montréal, Québec)
- Rick's Gas Tank factory (Ottawa, Ontario)
- Multi Réservoirs 2000 (St-Hubert, Québec)
- Radiateurs Roy (Ste-Foy, Québec)
- Sanka Manufacturing (Canterville, Nova Scotia)
- CAREM (Debert, Nova Scotia)
Acquisition of two key U.S. distributors to increase radiator market share in the United States
PWB is acquired (Warwick, England)
- Northeast Radiator (Boston)
- AARS (Chicago)
- Consolidates the position of world leader in the manufacture of steel replacement fuel tanks
A new, 170,000 ft2 radiator factory is constructed in Laval, Quebec
Two Canadian air conditioning parts manufacturers are acquired
- AC Canada (Milton, Ontario
- K&L Condensers ( Brampton, Ontario)
Initial launch of our complete industrial truck radiators for class 6-7-8 applications
The first OEM contracts are obtained and Line 1 of the OEM fuel tanks starts up at the Boucherville factory
- Pontiac GTO fuel tanks with Holden in Australia
- ATV radiators for Bombardier Recreational Products
Spectra Premium annonces the exit of manufacturing of complete copper and brass radiators, shifting all production to later technology of plastic aluminum radiators.
Main warehouse in Boucherville is expanded, raising the total surface area of the head office to 475,000 ft2
Spectra Premium Industries has confirmed that its strategic reorganization has been completed. The corporate reorganization was undertaken more than two years ago following a dozen acquisitions made by the company in the aftermarket segment from 1998 to 2001. This process resulted in the closure of five plants, the discontinuation of two product lines, the closure of two main distribution centres and of about 10 U.S. regional warehouses during the last three years. The completed closure of Stratford occured in April 2005 with all production moved to the Laval facility.
ISO/TS16949 certification for the quality system of the fuel tank factory in Boucherville
Our 47 regional distribution warehouses in the United States are sold in order to align our growth strategy with the leading American automobile parts distributors
The following group of shareholders privatize the company:
(Jacques Mombleau, Denis Poirier, Kerry Best)
- Fonds de solidarité FTQ
- Desjardins Capital
- Gestion Camada (Poulin family)
(Jacques Mombleau, Denis Poirier, Kerry Best)
Launch of Fuel Pump Assembly Program into the aftermarket
Spectra Premium becomes the North American leader in the sale of replacement radiators
The 2nd OEM line starts up with the fuel tank for the Chevrolet Volt, the first plug-in hybrid electric vehicle (PHEV)
Spectra Premium receives the AAIA New Packaging Award for our redesign of the new radiator box and resealable carton. We launched our automated price shopping tool to increase efficiency to track market movement.
- Company founder Denis Charest is inducted into the AIA-Québec Circle of pioneers.
- Expansion of our California warehouse to 85,000 ft2
- Launch of a full line fuel pump program, release of QR codes on all product labels
Opening of a new 250,000 ft2 distribution centre in Greenfield, IN
Launch of O2 Sensors, Vendor of the Year Award from AutoZone, Advance Auto Parts Vendor of the Year for application data.
Announcement of Lifetime Warranty on Fuel Pump Assemblies, Electrical and Mechanical Fuel pumps and Fuel Strainers
Acquisition of Richporter Technologies, which extends Spectra Premium product line coverage into engine management parts
The best measure of a successful organization can be viewed via the relationship it holds with its customer base and other business partners.
Over the years the growth of Spectra Premium Industries has been directly related to those mutually beneficial relationships with all our Aftermarket and OEM customers, suppliers and financial partners. The presence of the Spectra Premium brand and visibility globally testifies to the strong support we have received from all our business partners throughout those years and for that we thank you all.
With ever changing technology, global supply chain initiatives and adaptation to market demands, our partnerships have allowed us the ability to remain ahead of the curve and we guarantee you all efforts will continue to be done going forward to remain …
The Premium Choice.