// About IMT Group
A HISTORY OF PROGRESS THAT BEGAN IN 1914 AND CONTINUES TO BE WRITTEN
In 1914, Ingersoll Machine & Tool was founded by E.A. Wilson in a small factory originally intended for soap production. This marked the beginning of a journey marked by passion, commitment, innovation, integrity, and growth that has spanned over a century.
Initially, Ingersoll Machine & Tool focused on manufacturing steering gear assemblies for boats and cars. By the 1930s, the company had become the sole producer of steering gear assemblies for several Canadian-built cars, including models by Ford, Mercury, Dodge, Chrysler, DeSoto, Plymouth, Hudson, and Nash.
Driven by a passion for excellence and fueled by the success it generated, the company expanded rapidly. In 1947, IMT became a publicly listed company on the Toronto Stock Exchange, marking a significant turning point in its growth trajectory.
In 1970, Ivaco acquired a majority stake in IMT, providing the company with the resources for major expansion. In 1981, IMT was awarded a 10-year, $100 million federal contract to produce large caliber ammunition shells, which allowed the company to acquire PC Forge and build a large new manufacturing complex in collaboration with the City of Ingersoll the following year. In 2020 IMT was fully acquired by the Hacking family.
IMT’s continued growth was characterized by innovation and diversification, enabling the company to meet the needs of customers in the transportation, OEM, and Defence industries worldwide. IMT’s history is one of success and achievements, and the company is committed to continuing this legacy in the years to come.
From the day the doors opened, passion, hard work and ingenuity have driven those at IMT Group to excel.
At that time a culture was created, in which hard work was recognized and creativity was cultivated. An environment in which teamwork and loyalty grew from the realization that together, we create something bigger and stronger than anything each of us could be individually.
That culture of passion, ingenuity and excellence continues to this day and is engrained in the values that guide our actions and decisions.
Our values define and differentiate us. They form the solid foundation of the strong and lasting client relationships we are privileged to have. They are intrinsic to everything we accomplish, both collectively and individually. In all things we value:
Enterprise – We cherish the entrepreneurial spirit and endeavour to attract those whose ideas are innovative and unique. We will continue to provide the resources needed to pursue new ideas and opportunities that will ultimately propel us forward.
Passion – Passion is an advantage because those who enjoy their work excel naturally. Passionate individuals have a positive influence and their enthusiasm serves as a catalyst for change and progress.
Integrity – We always do what we say we will do. We deliver our ideas with unwavering honesty because we understand that predictable integrity builds trust, which is the best foundation for long-term growth and prosperity.
Innovation – The discovery and novel thinking that characterizes our past also defines our future. As manufacturers, we design, engineer and create products that must evolve and adapt through time so our thinking must always be one step ahead of the curve if we are to continue to be successful.
