Global Poletrusion Group Corp

Global Poletrusion Group Corp

GPGC
Global Poletrusion Group CorpUS flagOther OTC
0.40
USD
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- -
3.39MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Ramiro Guerrero
Sector
Industrials
Industry
Electrical Equipment & Parts
Address
111 NE 1st Street Miami FL United States of America 33132
IPO Date
Jul 27, 2010
Business
Global Poletrusion Group Corp (GPGC) is an engineering firm that develops and provides advanced composite utility poles, towers, and related structures for telecommunications and utility companies worldwide; its core products include pultruded composite poles outperforming steel, wood, and concrete in strength, weight, ease of installation, and environmental safety; LED light poles integrated with solar and wind power technologies for on- or off-grid applications providing lighting, electricity, WiFi, and camera access; transmission towers and distribution infrastructure; and renewable energy solutions such as solar/wind hybrid systems. The company operates through specialized divisions including Poletrusion Canada for engineering and product design developed in collaboration with the University of Sherbrooke and the National Research Council of Canada; Poletrusion USA, its North American manufacturing arm near Cleveland, Ohio, incorporating Martin Pultrusion's 40 years of pultrusion expertise for machinery, tooling, and production; and Global Poletrusion Marketing Group for product representation. GPGC targets utility providers, telecommunications operators, and energy sector clients with homologated products in multiple countries and ongoing approvals from entities like Bell Canada and Hydro One in Ontario; it maintains geographic operations across North America, with expansions into Latin America, Africa, and the Middle East. Formerly known as Novacab International Inc, the company, headquartered near Cleveland, Ohio, with key facilities in the United States and Canada, traces its technology development over a decade and went public in 2001. Recent developments include a 2022 partnership notification from Tanzania Electric Supply Company Limited (TANESCO) for joint production of composite poles and distribution infrastructure under Tanzania's electrification initiatives, following ministerial approval; ongoing joint venture discussions with TANESCO to establish local manufacturing; a 2017 agreement with America's Technology Group Inc/Extreme Electronic Solutions Inc for 51%-owned joint ventures on $254 million solar/wind power projects with power purchase agreements in Mexico and Peru requiring GPGC's poles and structures; negotiations to acquire 50% of Daconan Solar; and explorations of energy sector opportunities in Jordan alongside European financing discussions.