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    Algoma Central Corp. (ALC.TO)

    17.14 Up 0.04(0.23%) 2:11PM EDT
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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:2,100

    Business Summary 

    Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway in Canada. The company operates through four segments: Domestic Dry-Bulk, Product Tankers, Ocean Shipping, and Real Estate. The Domestic Dry-Bulk segment owns and manages 18 self-unloading bulk carriers and 7 gearless bulk carriers to carry dry-bulk products, including grain, coal and coke, iron ore, salt, and aggregates in Great Lakes, St. Lawrence Seaway, and Atlantic Canada. It also provides ship repair and steel fabricating services. The Product Tankers segment owns and manages 7 Canadian flag tanker vessels to carry petroleum products on the Great Lakes, the St. Lawrence Seaway, and Atlantic Canada; and 1 product tanker. The Ocean Shipping segment owns 2 ocean-going self-unloading vessels that trade dry-bulk commodities worldwide. The Real Estate segment develops, rents, and manages shopping centers, commercial plazas, a hotel, office buildings, and an apartment building in Sault Ste. Marie, St. 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. Peter D. Winkley CPA, 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
    Mr. Ken Bloch Soerensen ,
    Chief Exec. Officer and Pres
    Amounts are as of Dec 31, 2014 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.