In The News

January 9, 2020

Montreal, Canada – On January 8, 2020, Nitrex, a Novacap portfolio company and the lead provider of fully integrated heat-treating solutions and technologies globally, acquired G-M Enterprises, a strong player in the vacuum furnaces market, headquartered in Corona, California.

The acquisition is in line with Nitrex’ strategy to further expand its integrated heat treatment solutions offer to customers while strengthening its products portfolio. For the past 30 years, G-M Enterprises has earned the reputation as a leading technological supplier of vacuum furnaces solving challenges for customers in the aerospace, power generation, energy, MIM sintering, and commercial heat-treating industries. The acquisition represents a great fit with Nitrex, as both share the same goal of providing technologies that improve customer workflow and efficiency while maximizing the life span and quality of engineered parts and components. 

“This acquisition will allow Nitrex to bolster its turnkey solutions business by bringing a new, innovative and broader mix of heat treatment systems to our customers,” said Jean-Francois Cloutier, Nitrex CEO.

“G-M Enterprises is a strong performer in the vacuum furnaces market. The company has an outstanding growth opportunity and under Nitrex, we will build on that potential even further, using our global customer base and service footprint. We also look forward to welcoming the entire G-M Enterprises’ team into the Nitrex family,” continued Jean-Francois Cloutier.

“At G-M Enterprises, we are always looking for new ways to provide customers with the best services and product offerings. Joining forces with Nitrex and becoming part of its family of companies will ensure we keep pace with our customers’ evolving needs and expectations,” says Suresh Jhawar, G-M Enterprises President. “What this means for the future of G-M Enterprises is an opportunity to enhance our products and services, expand our international presence further by leveraging the resources, expertise, and capital of Nitrex. These advancements will deliver more value to our customers for years to come,” added Suresh Jhawar.

Visit www.nitrex.comwww.novacap.ca and www.gmenterprises.com for further information.

About Nitrex:

Nitrex (www.nitrex.com; www.group-upc.com) is the lead provider of fully integrated heat-treating solutions and technologies globally. The company was founded in 1984 in Montreal, Canada and operates three business units – Nitrex Turnkey System (NTS) a leader of turnkey nitriding and nitrocarburizing systems; Heat Treating Services (HTS) a worldwide network of commercial heat-treating service centers; and UPC, a leading provider of controls upgrade and automation solutions for heat treating and combustion. Nitrex serves its customers globally from 14 locations across the United States, Canada, Mexico, Brazil, Germany, Poland, Italy, France, China, Japan and through a global network of representatives and licensees. 

About NOVACAP:

Founded in 1981, Novacap is a leading Canadian private equity firm with $3.6 billion of assets under management. Its distinct investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous portfolio companies. With an experienced management team and substantial financial resources, Novacap is well-positioned to continue building world-class businesses. Backed by leading global institutional investors, Novacap’s deals typically include leveraged buyouts, management buyouts, add-on acquisitions, IPOs, and privatizations. Over the last 38 years, Novacap has invested in more than 90 companies and completed more than 130 add-on acquisitions. The company has offices in Toronto, Ontario and Brossard, Quebec. For more information, please visit www.novacap.ca.

Nitrex, a lead provider of fully integrated heat-treating solutions and technologies globally, acquired G-M Enterprises, a strong player in the vacuum furnaces market, headquartered in Corona, California.
Pictured in the photo from left to right are: Mrs. Veena Jhawar, G-M Enterprises COO; Mr. Jean-François Cloutier, Nitrex CEO; Mr. Suresh Jhawar, G-M Enterprises President

December 23, 2013

G-M Enterprises supplied a 20-bar vacuum furnace to Paulo Products Co. The furnace, which has an 8,000-pound load capacity and maximum work-zone dimensions of 48 inches wide x 36 inches high x 60 inches long, was installed at Paulo’s St. Louis, Mo., facility. The furnace is equipped with an 800-hp cooling motor, graphite hot zones and an Allen Bradley PLC control system. Thanks to this new furnace, Paulo-St. Louis can now handle larger parts requiring vacuum heat treatment. The facility has already successfully completed all necessary testing and has received approval as a provisional heat-treat source of Die Insert Material for Ford Motor Co. and General Motors, Powertrain Division.

To learn more about vacuum furnaces, contact G-M Enterprises at 951-340-4646 or visit at www.gmenterprises.com.

G-M Enterprises also proudly serves Corona and all surrounding areas.


September 2, 2014

G-M Enterprises was awarded an order for six Model HVF 701-XXB (2-bar) vacuum furnaces from a U.S.-based company that processes aerospace parts. These furnaces all have a free work area of 48 inches wide x 48 inches high x 72 inches long with a 4,500-pound gross loading capacity. Hot-zone construction is with all-graphite insulation including heavy-duty graphite hearth assembly and graphite heating elements in circular configuration. The furnaces are to be installed at the company’s new facility, which is currently under construction and scheduled to be completed by the end of 2014.

The furnaces, which are capable of achieving better than 10-5 torr range vacuum level, are equipped with a 200-hp cooling blower, 4,000,000 BTU/hour heat exchanger and variable frequency drives (VFD) to provide controlled cooling. They also include the GMVAC1 WONDERWARE-based computer control system, which provides exceptional process flexibility.

To learn more about vacuum furnaces, contact G-M Enterprises at 951-340-4646 or visit at www.gmenterprises.com.

G-M Enterprises also proudly serves Corona and all surrounding areas.


“State-of-the-art” Vacuum Furnace commissioned at one of the Leading US Commercial Heat Treat Plants.

Having a free work area of 36″x36″Hx60″L and a 8,000 lbs. loading capacity, equipped with externally mounted 600 HP motor with Allen-Bradley Variable Frequency Drive (VFD) to provide controlled cooling with externally mounted 14,000,000 BTUs/ hour primary heat exchanger and a 300,000 BTUs/Hr. post cooler to provide maximum quenching capabilities for various types of loads and large cross-sections. Furnace controls equipped with Honeywell HC900 and Wonderware Computer Control.

To learn more about state-of-the-art vacuum furnaces, contact G-M Enterprises at 951-340-4646 or visit at www.gmenterprises.com.

G-M Enterprises also proudly serves Corona and all surrounding areas.


G-M Enterprises just completed the shipment of a multi-million dollar contract for (4) Vacuum Furnaces to a major Casting Company in Arizona. Three (3) Furnaces are G-M Model HVF 701-(M) XXB (2 Bar) having a Free Work Area of 54” W x 41” H x 72” L and one (1) Furnace is G-M model HVF 201-B (2-Bar) having a Free Work Area of 24” W x 24” H x 36” L. The customer stated that he selected G-M due to innovative Hot Zone design and construction, GMVAC1 Wonderware Control System with its user-friendly software, the capability of the equipment and being maintenance friendly.

G-M also supplied a 1200 GPM Water Cooling System to support this installation. The customer was highly impressed with the workmanship and quality of the furnace and expressed his appreciation for receiving more than he expected.

To learn more about vacuum furnaces, contact G-M Enterprises at 951-340-4646 or visit at www.gmenterprises.com.

G-M Enterprises also proudly serves Corona and all surrounding areas.


G-M Enterprises (Corona, Calif.) shipped three vapor phase alumina (VPA) coating furnaces in 2006 and has received two orders for VPA coating furnaces to be delivered in February 2007. The orders are the result of increased demand in aircraft-engine construction, which requires vapor phase alumina coating of blades and vanes. G-M has developed a system where both sides of the furnace have a fully enclosed loading/unloading chamber with forced cooling.

These furnaces come equipped with G-M’s WONDERWARE computer control system for fully automatic operation in conjunction with mass-flow control panels.

To learn more about vacuum furnaces, contact G-M Enterprises at 951-340-4646 or visit at www.gmenterprises.com.

G-M Enterprises also proudly serves Corona and all surrounding areas.