Savaria Corp (SISXF)

Savaria Corporation designs, manufactures and distributes accessibility equipment for people with mobility challenges and elevators for residential use; and it also designs, tests, manufactures and distributes lowered-floor minivans to accommodate wheelchairs. The Company's operations are divided into two reportable segments: Accessibility products and Adapted Vehicles. The Company's accessibility segments designs, manufactures and distributes accessibility equipment for people with mobility challenges and elevators for residential use. A total of thirteen products, manufactured and assembled at its Brampton plant, are sold through a network of over 600 retailers across North America, managed by the Corporation's six regional sales managers. Its Adapted Vehicles segment business is to convert automotive vehicles and to offer mainly lowered-floor minivans, vehicles ideally suited to transporting people in wheelchairs for personal or commercial use (taxi). Its products are used for both commercial (60%) and residential (40%) applications. The Company generates approximately 45% of its revenues from Canada, 44% from the U.S. and 11% from the international market.