The new owners of Penticton鈥檚 Slimline Manufacturing say it鈥檚 going to be business as usual.

The Penticton manufacturer of agricultural equipment was acquired by Decisive Dividend for a base purchase price of $7 million.

鈥淚t will stay a Penticton-based company for sure. We think it鈥檚 a great company that has a great group of people working in Penticton,鈥� said James Paterson, CEO of Decisive Dividend. 鈥淭hat鈥檚 not going to change.鈥�

Paterson said former owner Kim Blagborne, who acquired the company in 1990, will be staying on for the near future. Slimline makes agricultural sprayers, sold around North America through its large dealer network, and wastewater evaporators which are sold around the world.

鈥淲e鈥檙e certainly very very excited about Slimline and its prospects. It鈥檚 a great little company. It鈥檚 got a phenomenal reputation in the industry,鈥� said Paterson.

鈥淲e don鈥檛 see that changing and we just hope that we鈥檙e able to continue doing what it is that they鈥檝e been doing in give them some opportunities for growth.鈥�

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Decisive Dividend also owns another Penticton company, Blaze King, and Paterson said the Slimline acquisition will assist the production capacity at Blaze King and support product lines at their Unicast Steel Foundry in 91大黄鸭.

Paterson said they typically want companies to continue to run the way they鈥檝e been running.

鈥淪o all of the existing employees are staying and they鈥檙e doing business as usual and then we try to exist them with growth opportunities,鈥� he said. 鈥淜im built a great little company. And we are big fans of Penticton, we think Penticton has lots of opportunities.鈥�

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