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    Algoma Central Corp. (ALC.TO)

    16.32 Down 0.18(1.09%) Jan 30, 3:59PM EST
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    Algoma Central Corp.
    421 Bay Street
    Sault Ste.Marie, ON P6A 5P6
    Canada - Map
    Website: http://www.algonet.com

    Index Membership:N/A
    Full Time Employees:2,000

    Business Summary 

    Algoma Central Corporation owns and operates a fleet of dry-bulk carriers and product tankers operating on the Great Lakes-St. Lawrence Waterway. The company operates in four segments; Domestic Dry-Bulk, Product Tankers, Ocean Shipping, and Real Estate. The Domestic Dry-Bulk segment owns and manages 18 self-unloading carriers and 6 gearless bulk carriers in the Great Lakes, St. Lawrence Seaway, and Atlantic Canada to carry various dry bulk products, such as grain, coal and coke, iron ore, salt, and aggregates. This segment also offers ship repair and steel fabrication services. The Product Tankers segment operates seven Canadian flagged tanker vessels to carry petroleum products on the Great Lakes, the St. Lawrence Seaway and Atlantic Canada regions; and one product tanker operates in international markets. The Ocean Shipping segment owns two ocean-going dry-bulk self-unloading vessels; and holds interests in four other self-unloading vessels that trade worldwide. The Real Estate segment is involved in the development, rental, and management of a shopping centre, commercial plazas, a hotel, office buildings, and an apartment building in Sault Ste. Catharines and Waterloo, Ontario. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was founded in 1899 and is headquartered in Sault Ste. Marie, Canada.

    Key Statistics

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    Key Executives 
    Mr. Greg D. Wight FCA,
    Chief Exec. Officer, Pres, Director and Member of Exec. Committee
    Mr. Peter D. Winkley CA,
    Chief Financial Officer and VP of Fin.
    Mr. Algis J. Vanagas C.E.T.,
    Sr. VP of Technical
    Mr. Wayne A. Smith ,
    Sr. VP of Commercial
    Mr. Thomas G. Siklos ,
    VP of Real Estate
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in CAD.