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Algoma Central Corporation

Algoma Central Corporation
Leadership team

Mr. Gregg A. Ruhl (Pres & CEO)

Mr. Peter D. Winkley C.A., CPA, CA, CPA (Exec. VP & CFO)

Mr. Jeffrey M. DeRosario P.Eng. (Vice-Pres of Marketing)

Products/ Services
Shipping
Number of Employees
1,000 - 20,000
Headquarters
Saint Catharines, Ontario, Canada
Established
1899
Company Registration
SEC CIK number: 0001167379
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
TSX:ALC
Social Media
Overview
Location
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 in six segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. It operates self-unloading bulk carriers; and owns and manages tankers for the transportation of liquid petroleum products throughout the Great Lakes, the St. Lawrence waterway, and the Atlantic Canada regions. The company also owns eight ocean-going self-unloading vessels that carry coal for power generation, crushed aggregates for construction, gypsum for wallboard manufacturing, iron ore for the steel industry, and salt for winter road safety. In addition, it provides management services to third parties, as well as owns a shopping center. It serves iron and steel, aggregate, cement and building material, and salt producers; agricultural product distributors; and oil refiners, wholesale distributors, and large consumers of petroleum products. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was incorporated in 1899 and is headquartered in St. Catharines, Canada.

History

Algoma traces its history back to 1899 with the formation of the British American Oil Company. Recognizing the value of providing shipping services for the products of their refining activities, the company built their first vessel and began service in 1901. That vessel, S.S. CURRITING, is still part of Algoma's fleet, making her the oldest surviving Great Lakes freighter still in service.

Mission

Algoma’s mission is to create lasting value and exceed stakeholder expectations as a premier provider of transportation services and solutions.

Vision

Our vision is to be the leader in marine transportation and logistics on North America’s Great Lakes and St. Lawrence.

 

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Key Team

Mr. J. Wesley Newton L.L.B. (Exec. VP of Strategy & Bus. Devel. and Sec.)

Mr. Barton R. Reynolds (Exec. VP of Operations & Technical)

Mr. Steve Wright (Sr. Vice-Pres of Technical)

Mr. Fredrik Hanson (Vice -Pres of Fin. & Admin.)

Mr. Thomas G. Siklos (VP of Real Estate)

Ms. Cathy Smith (Vice-Pres of HR)

Mr. Christopher A. L. Lazarz C.A., CPA, CPA, CA (Vice-Pres of Corp. Fin.)

Recognition and Awards

Algoma Central Corporation fleet has been recognized as meeting the standards of excellence of clean-ship certification program, receiving 2013 St. Lawrence Seaway Environmental Excellence Awards.

References

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Algoma Central Corporation
Leadership team

Mr. Gregg A. Ruhl (Pres & CEO)

Mr. Peter D. Winkley C.A., CPA, CA, CPA (Exec. VP & CFO)

Mr. Jeffrey M. DeRosario P.Eng. (Vice-Pres of Marketing)

Products/ Services
Shipping
Number of Employees
1,000 - 20,000
Headquarters
Saint Catharines, Ontario, Canada
Established
1899
Company Registration
SEC CIK number: 0001167379
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
TSX:ALC
Social Media