MLA Dan Ashton chats with a Slimline employee after announcing a labour market study in 2016. The Penticton manufacturing company was sold last week for $7 million. Western News file photo

Penticton manufacturer sold to Kelowna corporation

Slimline joins Decisive Dividend group of companies

The new owners of Penticton’s Slimline Manufacturing say it’s 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.

“It will stay a Penticton-based company for sure. We think it’s a great company that has a great group of people working in Penticton,” said James Paterson, CEO of Decisive Dividend. “That’s not going to change.”

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.

“We’re certainly very very excited about Slimline and its prospects. It’s a great little company. It’s got a phenomenal reputation in the industry,” said Paterson.

“We don’t see that changing and we just hope that we’re able to continue doing what it is that they’ve been doing in give them some opportunities for growth.”

Related: Province invests in labour market study for Penticton

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 Kelowna.

Paterson said they typically want companies to continue to run the way they’ve been running.

“So all of the existing employees are staying and they’re doing business as usual and then we try to exist them with growth opportunities,” he said. “Kim built a great little company. And we are big fans of Penticton, we think Penticton has lots of opportunities.”

Related: Slimline making international mark


Steve Kidd
Senior reporter, Penticton Western News
Email me or message me on Facebook
Follow us on Facebook | Twitter | Instagram

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

FortisBC pausing power disconnections and late-fees amid COVID-19 crisis

Company says they plan to work with customers affected by COVID-19 on a “one on one” basis

Salmon Arm Rotary Club donates $10,000 to local food banks

Community groups step up for Second Harvest and Salvation Army food banks

Okanagan College passes $126.8-million 2020-21 budget — virtually

The board recognized circumstances associated with the COVID-19 pandemic will likely prompt changes

Concerns raised by SAFE Society about effects of COVID-19 isolation on domestic violence

Salmon Arm Women’s Shelter open, programs and services still running but funds, supplies needed

Development plans in Salmon Arm move forward despite pandemic

March building stats up over last year, city’s planning meeting includes seven applications

‘We don’t need this right now’: B.C. man breaks up road rage incident

Two men were throwing punches on Tillicum Road in Saanich on Vancouver Island

Orchardists face challenges from COVID-19 pandemic

Physical distancing and availability of workers will affect fruit growing operations and harvest

Eleven dogs rescued; transported from Texas to the Okanagan despite pandemic

Helping Paws Okanagan rescued 11 dogs from Texas on March 28

COVID-19: ‘The Ballad of Bonnie Henry’ recorded and released

LISTEN: Quick turnaround for song penned by B.C. Order of Canada musician Phil Dwyer

HERGOTT: COVID-19 and legal issues

Paul Hergott is a personal injury lawyer based in West Kelowna

Kelowna’s Father’s Day car show postponed

BOYD Autobody and Glass have made the decision to postpone the car show due to COVID-19

YMCA Okanagan offers virtual classes to keep community healthy in quarantine

This virtual offering, called Y Thrive Home, includes a variety of options for all ages

Princeton businesses donate protective equipment to local health-care workers

Princeton’s doctors, nurses and other health professionals, as well as care providers… Continue reading

B.C. adding $300 to monthly income and disability assistance payments

‘Crisis supplement’ for COVID-19 for April, May and June

Most Read