Plaintree Systems Inc.
PTEEF
Other OTC0.03
USD
-0.01
- -
ISIN
CA72663E2050
CUSIP
72663E205
Return %
Stock
S&P500
1Y
-29.72
26.53
3Y
-51.39
76.60
5Y
-73.95
80.11
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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FRC
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in mil. unless spec.- CEO
- William David Watson
- Full Time Employees
- 60
- Sector
- Industrials
- Industry
- Conglomerates
- Address
- 10 Didak Drive Arnprior ON Canada K7S 0C3
- IPO Date
- May 10, 1995
- Website
- plaintree.com
- Similar Companies
- Business
- Plaintree Systems Inc. is a diversified company specializing in the design, development, manufacturing, and marketing of electronic products and specialty structural products with operations in Canada, the United States, and internationally. Its main product lines include the manufacture of avionic components such as aircraft antiskid braking systems, aircraft instrument indicators, solenoids, high-purity valves, and permanent magnet alternators through its Hypernetics division; precision machining services of super-alloys for aerospace and defense sectors via its Summit Aerospace USA Inc., which offers 5-axis CNC machining for complex aerospace components; and the design and manufacture of steel, aluminum, and stainless steel specialty structures—including commercial domes, free form structures, barrel vaults, space frames, and industrial dome coverings—under its Triodetic business. The company also operates in the heritage kitchen appliances market following its acquisition of Elmira Stove Works Inc., which produces premium branded kitchen appliances. Founded in 1972 and headquartered in Ontario, Canada, Plaintree Systems focuses on aerospace, advanced manufacturing, and specialty structural engineering. In the past two years, Plaintree has made significant strategic shifts including the July 2025 announcement of the orderly wind-down and asset liquidation of its wholly owned U.S. subsidiary Summit Aerospace USA Inc., prompted by a material decline in business from a major customer, which accounted for over 10% of consolidated revenues but contributed disproportionately to net losses. This move allows Plaintree to reallocate resources and sharpen focus on its core businesses. Additionally, it continues to invest heavily in research and development across its divisions, enhancing product offerings and manufacturing capabilities. Plaintree also recently completed a clinical trial plan submission for a dendritic cell vaccine for esophageal cancer, expanding its scope into pharmaceutical manufacturing and investigational products. The company maintains a research-driven approach to product innovation and operational efficiency across its aerospace, specialty structures, and applied electronics segments, serving commercial, military, and industrial clients globally. Its Aerospace division operates under stringent regulatory approvals, including Transport Canada certification, supporting a broad client base comprising major aerospace manufacturers.
Plaintree Systems Inc. (OTCMKTS:PTEEF) Short Interest Update
Plaintree Systems Inc. Announces Third Quarter Fiscal 2026 Results
Plaintree Systems Inc. Announces First Quarter Fiscal 2026 Results
Plaintree Systems Inc. Announces First Quarter Fiscal 2026 Results
Plaintree Systems Inc. Announces Strategic Wind-Down of U.S. Subsidiary, Summit Aerospace USA Inc.
Plaintree Systems Inc. Announces Third Quarter Fiscal 2025 Results
Plaintree Systems Inc. Announces Second Quarter Fiscal 2025 Results
Plaintree Systems Inc. Announces First Quarter Fiscal 2025 Results
Plaintree Systems Inc. Announces Third Quarter Fiscal 2024 Results
Plaintree Systems Inc. Announces Third Quarter Fiscal 2023 Results
Plaintree Systems Inc. Announces Third Quarter Fiscal 2023 Results