- Business
- Reko International Group Inc. (TSX-V: REKO) is a diversified technology-driven manufacturing company that designs and manufactures engineered products and solutions including robotic factory automation systems, lean cell factory automation, robotics integration, specialty machines for gas tank assembly lines and material handling, precision machining of large critical components and assemblies up to 100,000 lbs with tolerances of one-thousandth of an inch, and plastic injection and compression acoustic molds; it serves original equipment manufacturers and industrial end-users in the automotive, aerospace, rail, power generation, oil and gas, mining, industrial products, food preparation and packaging, offsite construction, infrastructure, and capital equipment sectors primarily across North America. Founded in 1976 and headquartered in Lakeshore, Ontario, Canada, the company operates through divisions such as Reko Automation Group and Concorde Precision Machining from facilities totaling over 105,000 square feet in Southwestern Ontario near the U.S. border, and functions as a subsidiary of The Reko Family Corporation following an internal disposition of shares by the parent in June 2024. In fiscal 2025 ended July 31, 2025, Reko reported improved profitability with gross profit rising 66.8% to $7.2 million despite a 4.8% sales decline to $42.2 million amid automotive sector weakness and tariff delays, driven by a favorable project mix with higher earned revenue from non-automotive customers, better execution on fixed-price contracts, and fixed labor cost management; the company achieved adjusted EBITDA of $6.0 million up 91.7%, net income of $1.0 million or $0.19 per share versus prior-year losses, and purchased 69,300 common shares for cancellation under its normal course issuer bid, with approval renewed in January 2025 for up to 276,066 shares or 5% of outstanding shares through January 2026.