About CME
Daring To Compete
Monarch maintains ‘core' focus...Monarch Industries was founded in 1935 and is a privately owned company that manufacturers pumps, water systems, hydraulic cylinders, custom metal castings and cement mixers to agricultural, industrial and retail markets throughout North America. In 2007 the company sold the Pump Division to Franklin Electric Co., which represented 30% of the company's total revenues at the time. The sale provided greater opportunity for Monarch to expand and modernize core areas of their production within the Hydraulics and Custom Casting divisions.Monarch operates plants in Winnipeg (Corporate office) and Winkler (Foundry division) Manitoba and employs over 570 people. The company also has distribution centers and an extensive parts and service network enabling the organization to successfully position itself to service the needs of a diverse customer base. According to Gene Dunn, President and CEO of Monarch, "the manufacturing environment has changed dramatically over the last ten to fifteen years and, to be successful in manufacturing, you have to think of yourself as a globally competitive manufacturer. To penetrate new markets, manufacturers need to continually focus on being the low cost producer. Manitoba is an excellent location for Monarch to compete because we have the support of the Provincial Government, we have a good lobbying voice with the CME and we have low hydro costs, which is a significant competitive advantage to our company. Monarch Industries has been able to maintain its competitive edge by focusing on lean initiatives in all areas of the company, always with the goal of providing the best quality and service in the markets they serve. Recognized as one of Canada's 50 Best Managed Private Companies in 1995, Monarch has requalified for this prestigious award every consecutive year and is now a recipient of the 50 Best Platinum Award.
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