March 12, 2023

Kitchener, Ont.-based, Polyfab Industrial Services Inc and XL Fabrication Inc, and Chatham-Ont.-based North American Rectifiers Inc. (NAR) have been acquired by the Zynik manufacturing group and will be organized under the RPS industrial group. Management teams and labour force will remain in place, and all three companies will continue to operate separately.
Jeff Fraser, president and CEO of RPS Composites, expressed his enthusiasm for the value these companies will bring to the industrial group. “We’re very pleased by these acquisitions. Although each company brings its own industrial materials expertise, together they offer a synergy that positions them far ahead of others providing similar products.”
With a focus on the general metal finishing industry the companies design, fabricate, and install thermoplastic and metallic tanks, and the rectifiers that power the finishing lines.
“I am very proud of what Polyfab has achieved over the past 20 years and am so excited to see what the next 20 years will bring for Polyfab under the RPS umbrella,” said Jason Schiebel is the president of Polyfab Industrial. “I believe that being part of this comprehensive and experienced team will only strengthen and reinforce our position in the marketplace.”
The companies also serve the automotive, aerospace, chemical processing, food and beverage, and water treatment industries, with customers throughout the US, Canada, and Mexico. Well-developed relationships and supplier agreements with other businesses that provide finishing line components brings extra value to customers.
I’m excited for what’s coming, and the potential for growth,” said Bob Davison, director of XL Industries.
And Kevin Hewett, director of North American Rectifiers, agrees. “I’m feeling very good about partnering with the Zynik Group and growing NAR to the next level.”