MONTREAL — Cobra Anchors Co. Ltd, a maker of masonry and hollow wall anchors, has completed an $8.2 million investment in the Anjou borough of Montreal. The investment included expanding the company’s plant by 29,000 square feet to a total of 117,000 square feet, plus new machinery, automation, and robotics.
“With this investment, we are very proud to ensure Cobra’s growth and competitiveness for years to come,” said Pierre R. McDuff, Anchor’s president and CEO. The family-owned business, which is headquartered in Montreal and has been in operation since 1973, and claims to be one of the largest manufacturers of masonry and hollow wall anchors in North America. With 222 employees, the company also owns manufacturing in the U.S. as well as a distribution centre in France.
