PFIE - Profire energy jumps 28% on strategic distribution agreement with Spartan Controls

Profire Energy (PFIE) signs a strategic distribution agreement and partnership with Spartan Controls.The Spartan partnership is designed to strengthen existing and new customer and industry relationships by leveraging a significantly increased footprint in Western Canada.“Partnering with Spartan Controls aligns with our strategic focus to expand our brand presence beyond our traditional upstream and midstream markets. Spartan Controls, Emerson’s Impact partner in Western Canada, brings an expansive sales and business development footprint across their territory serving a wide range of industries and markets,” said Ryan Oviatt, Co-CEO and CFO.Additionally, Profire recently entered into a strategic partnership agreement with ECI, an Emerson Impact Partner focused on delivering industrial automation solutions throughout Pennsylvania, West Virginia, Ohio, and western Maryland. Shares +28% after market hours

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Profire energy jumps 28% on strategic distribution agreement with Spartan Controls