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Arctic Glacier

Not Rated Not Rated

ice machine leasing with guaranteed ice
500 Fenimore Rd, Mamaroneck, NY 10543
arcticglacierinc.com
(203) 531-1608
 
Arctic Glacier Income Fund, through its wholly-owned operating company, Arctic Glacier Inc., is a leading producer, marketer and distributor of high-quality packaged ice to consumers in Canada and the United States, primarily under the brand name of A...read more
Arctic Glacier Income Fund, through its wholly-owned operating company, Arctic Glacier Inc., is a leading producer, marketer and distributor of high-quality packaged ice to consumers in Canada and the United States, primarily under the brand name of Arctic Glacier Premium Ice. Arctic Glacier operates 39 production plants and 48 distribution facilities across Canada and the northeastern, central and western United States servicing more than 75,000 retail accounts. Arctic Glacier also licenses its trade names and proprietary technology to independently owned companies in Canada and the Arctic Glacier Inc. is a leading manufacturer and distributor of premium quality packaged ice products, primarily under the brand name Arctic Glacier Premium Ice. We are the largest producer of packaged ice in Canada and are among the largest producers in the United States, serving over 75,000 retail, commercial and industrial customer locations throughout six provinces in Canada and nineteen states in the northeastern, central and western United States. We have grown significantly since our start in 1996, primarily through an aggressive acquisition strategy in the highly fragmented ice production and distribution industry. We have acquired 78 packaged ice businesses in Canada and the United States to date at a cost of almost US$475 million. These geographically contiguous acquisitions have established our critical mass, allowing us to improve financial results by leveraging our investments in infrastructure and brand development. We are now the largest producer and distributor of packaged ice in each of the markets that we operate.We currently operate 39 production and 48 distribution facilities, and employ more than 1,100 people year-round. Our labor force increases to more than 2,400 employees during the summer to meet the increased seasonal increases in demand for our products. Our current production capacity is approximately 11,000 tons of ice per day.We also license our trade names and proprietary technology to independently owned companies in Canada and the United States under franchise and license agreements.Arctic Glacier Inc. is a wholly owned subsidiary of the Arctic Glacier Income Fund. Fund units trade on the Toronto Stock Exchange under the symbol AG.UN. We have 39.0 million units outstanding.Our corporate headquarters are located at 625 Henry Avenue, Winnipeg, Manitoba, R3A 0V1, which can be reached by phone at 204.772.2473 or by fax at 204.783.9857.Milestones March 1, 1996 686363 Alberta Ltd. is incorporated under the laws of Alberta for the purpose of creating an entity to acquire and operate packaged ice businesses in Canada and the United States. May 1, 1996 Name is changed to The Arctic Group Inc. March 25, 1997 The Arctic Group Inc. completes $2 million initial public offering. April 9, 1997 The Arctic Group Inc. securities are listed for trading on the Alberta Stock Exchange. December 31, 1999 The Arctic Group Inc. begins trading on the Toronto Stock Exchange. March 22, 2002 The Arctic Group Inc. is reorganized into an income trust, called the Arctic Glacier Income Fund, which owns all of the outstanding shares of the operating company called Arctic Glacier Inc. Arctic Glacier Income Fund completes $86 million initial public offering. June 25, 2003 Arctic Glacier Income Fund completes $25.2 million equity offering of new units. October 8, 2003 Arctic Glacier Income Fund completes $50 million equity offering of new units. September 20, 2005 Arctic Glacier Income Fund completes $50 million equity offering of new units. May 25, 2006 Arctic Glacier Income Fund completes $50 million equity offering of subscription receipts and issues $100 million of extendible convertible debentures. May 25, 2006 Arctic Glacier Inc. completes first part of US$190 million acquisition of California Ice. May 25, 2006 Following successful completion of first part of acquisition, subscriptioice machine sales, rentals and leasing with guaranteed ice
 
 

Business Details

Category

(Edit)
Ice Retail

Specialties

(Edit)
  • ice machine makers sales rental leasing and service beer systems, walk ins margarita machines financing available premium ice available eithe cubes, blocks, dry ice large bags small bags

Customers Served

  • Residential, Commercial

Ownership

  • Locally Owned

Products & Services

(Edit)
  • Bartending
  • Beverage Fountains
  • Bridal Consultants
  • Catering
  • Consultations
  • More
  • Decorating
  • Delivery Services
  • Event Planning
  • Flower Arrangements
  • Party Favors & Supplies
  • Party Supplies Rental
  • Reception Planning
  • Table & Chair Rental
  • Wedding Albums
  • Wedding Invitations
  • Weddings
  • Less
  • Licensed, Insured, Bonded

Areas Served

  • My Metro Area
 

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Arctic Glacier Income Fund, through its wholly-owned operating company, Arctic Glacier Inc., is a leading producer, marketer and distributor of high-quality packaged ice to consumers in Canada and the United States, primarily under the brand name of Arctic Glacier Premium Ice. Arctic Glacier operates 39 production plants and 48 distribution facilities across Canada and the northeastern, central and western United States servicing more than 75,000 retail accounts. Arctic Glacier also licenses its trade names and proprietary technology to independently owned companies in Canada and the Arctic Glacier Inc. is a leading manufacturer and distributor of premium quality packaged ice products, primarily under the brand name Arctic Glacier Premium Ice. We are the largest producer of packaged ice in Canada and are among the largest producers in the United States, serving over 75,000 retail, commercial and industrial customer locations throughout six provinces in Canada and nineteen states in the northeastern, central and western United States. We have grown significantly since our start in 1996, primarily through an aggressive acquisition strategy in the highly fragmented ice production and distribution industry. We have acquired 78 packaged ice businesses in Canada and the United States to date at a cost of almost US$475 million. These geographically contiguous acquisitions have established our critical mass, allowing us to improve financial results by leveraging our investments in infrastructure and brand development. We are now the largest producer and distributor of packaged ice in each of the markets that we operate.We currently operate 39 production and 48 distribution facilities, and employ more than 1,100 people year-round. Our labor force increases to more than 2,400 employees during the summer to meet the increased seasonal increases in demand for our products. Our current production capacity is approximately 11,000 tons of ice per day.We also license our trade names and proprietary technology to independently owned companies in Canada and the United States under franchise and license agreements.Arctic Glacier Inc. is a wholly owned subsidiary of the Arctic Glacier Income Fund. Fund units trade on the Toronto Stock Exchange under the symbol AG.UN. We have 39.0 million units outstanding.Our corporate headquarters are located at 625 Henry Avenue, Winnipeg, Manitoba, R3A 0V1, which can be reached by phone at 204.772.2473 or by fax at 204.783.9857.Milestones March 1, 1996 686363 Alberta Ltd. is incorporated under the laws of Alberta for the purpose of creating an entity to acquire and operate packaged ice businesses in Canada and the United States. May 1, 1996 Name is changed to The Arctic Group Inc. March 25, 1997 The Arctic Group Inc. completes $2 million initial public offering. April 9, 1997 The Arctic Group Inc. securities are listed for trading on the Alberta Stock Exchange. December 31, 1999 The Arctic Group Inc. begins trading on the Toronto Stock Exchange. March 22, 2002 The Arctic Group Inc. is reorganized into an income trust, called the Arctic Glacier Income Fund, which owns all of the outstanding shares of the operating company called Arctic Glacier Inc. Arctic Glacier Income Fund completes $86 million initial public offering. June 25, 2003 Arctic Glacier Income Fund completes $25.2 million equity offering of new units. October 8, 2003 Arctic Glacier Income Fund completes $50 million equity offering of new units. September 20, 2005 Arctic Glacier Income Fund completes $50 million equity offering of new units. May 25, 2006 Arctic Glacier Income Fund completes $50 million equity offering of subscription receipts and issues $100 million of extendible convertible debentures. May 25, 2006 Arctic Glacier Inc. completes first part of US$190 million acquisition of California Ice. May 25, 2006 Following successful completion of first part of acquisition, subscriptioice machine sales, rentals and leasing with guaranteed ice