What Progressive Rubber Industries does

Progressive Rubber Industries Inc. (PRI) is a privately held Canadian specialty manufacturer founded in 1997 and headquartered in Kamloops, British Columbia. The company designs and produces abrasion and corrosion resistant components for mining operators and original equipment manufacturers (OEMs), with a stated customer base of more than 700 clients worldwide including Teck Resources, Rio Tinto, BHP, FLSmidth, and SNC-Lavalin. PRI operates across six integrated service lines: rubber lining (hot vulcanized, atmospheric cure, and cold bond techniques), steel fabrication (API 650 tanks, structural steel, ASME-certified piping), rubber molding (custom molded rubber and rubber/ceramic composites produced on nine hydraulic presses up to 72" x 72"), ceramic lining (three distinct lining systems using ceramic, rubber, metal, and polyurethane combinations), piping systems and hoses (1-60 inch ID, Victaulic or flanged), and on-site services including authorized GIW rubber lining application, FARO 3D laser scanning, on-site measurements, and equipment rebuilds. The company holds industry certifications including API 650, ASME B31.1 and B31.3, CSA B51, CWB W47.1, NACE CIP Level 1, CGSB11, and a Technical Safety BC AP License.

PRI's business model is built on custom project-based quoting, with revenue generated through one-time fabrication orders, replacement parts driven by wear cycles, on-site professional services, and recurring consignment stocking of critical components. Go-to-market combines direct enterprise field sales from Kamloops, Surrey, Vancouver, and Ontario offices with a network of regional distributors covering Western Canada (Lynum), Eastern Canada (Integral), the US Southwest (Elko Wire Rope), the Pacific Northwest (Engineered Equipment), and independent representatives across Denver, California, and South Carolina. Under CEO Erik Lynum, PRI has grown headcount tenfold since founding and added a dedicated polyurethane manufacturing facility in Surrey. The company appears to be independently owned with no disclosed external investors or parent organization.

Name

Progressive Rubber Industries

Legal name

Progressive Rubber Industries Inc.

Website

https://progressiverubber.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

Progressive Rubber Industries (PRI) is a privately held Canadian manufacturer founded in 1997 that designs and produces abrasion and corrosion resistant rubber, ceramic, polyurethane, and steel-fabricated components for mining operators and OEMs across North America.

Ownership category

akta.pro rank

Product category

Industrial Wear-Protection Components for Mining

NAICS

Rubber Product Manufacturing for Mechanical Use (326291), All Other Rubber Product Manufacturing (326299), Rubber Product Manufacturing (3262)

SIC

Fabricated Rubber Products, Nec (3060)

akta.pro primary industry

Rubber Linings, Coatings & Corrosion Protection (Tanks, Pipes, Chutes) (IMANALAH)

akta.pro secondary industries

Molded & Extruded Industrial Rubber Parts (Custom Components) (IMANALAG), Industrial Hoses & Tubing (Rubber/Elastomer) (IMANALAA)

Keywords

• Industrial rubber lining
• Abrasion resistant components
• Mining equipment liners
• Custom rubber molding
• Ceramic lining services

Headquarters

HQ city

Kamloops

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Custom Manufacturing & Fabrication: PRI generates revenue through custom manufacturing of abrasion and corrosion resistant components, including rubber lining, ceramic lining, rubber molding, steel fabrication, and piping systems. Revenue is project-based with both one-time fabrication and replacement parts.
2. On-Site Services: On-site lining, measurements, equipment rebuilds, repairs, and installation services provided at customer locations.
3. Molded Rubber Products: Sale of molded rubber products including screen panels, chute liners, trommel panels, valves, and custom curved/flat liners produced in-house.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels3 records

Core offering

Progressive Rubber Industries designs and manufactures custom abrasion and corrosion resistant components for the mining industry and OEMs, operating as an integrated supplier across six service lines: rubber lining (hot vulcanized, atmospheric cure, and cold bond), ceramic lining, custom rubber and rubber/ceramic composite molding, steel fabrication (including API 650 tanks and certified welding), custom piping systems and hoses (1–60 inch ID), and on-site installation, repair, and measurement services using FARO 3D laser scanning. The company has served over 700 clients worldwide since 1997, including major mining operators and EPC firms, and combines proprietary rubber-ceramic molded liner technology with a wear detection system for piping.

Product overview

Progressive Rubber Industries (PRI) is a manufacturer of abrasion and corrosion resistant components for the mining industry and original equipment manufacturers (OEMs). The company operates as a single unified product/service offering comprised of six integrated service lines: Rubber Lining (hot vulcanized, atmospheric cure, and cold bond applications), Steel Fabrication (API 650 tanks, structural steel, OEM fabrication), Rubber Molding (custom molded rubber and ceramic composites using hydraulic presses), Ceramic Lining (ceramic, rubber, metal, and polyurethane combinations in 3 lining systems), Piping Systems & Hoses (custom piping with Victaulic or flanged connections), and On Site Services (authorized GIW rubber lining, FARO 3D laser scanning, on-site measurements and repairs). These services are designed to work together, allowing PRI to provide complete solutions from design and fabrication through installation and maintenance, with unique wear detection technology for monitoring rubber lining in piping systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Rubber Lining Hot vulcanized, atmospheric cure, and cold bond rubber lining services applied to tanks, piping systems, chutes, hoppers, grinding mill components, and other industrial equipment to provide abrasion, impact, and corrosion resistance for mining and industrial customers.
• Steel Fabrication High-quality steel fabrication services using mild and stainless steel, including API 650 tanks and vessels, structural steel, piping packages, and OEM contract fabrication with in-house detailing and X-ray quality welds for industrial and mining customers.
• Rubber Molding Custom molded rubber and rubber/ceramic composite products manufactured using nine hydraulic presses (up to 72" x 72"), including screen panels, chute liners, trommel panels, pinch valves, and curved or flat custom panels for mining and industrial customers.
• Ceramic Lining Ceramic lining utilizing ceramics, rubber, metal, polyurethane, and combinations of these materials, offered in three distinct lining systems with pre-engineered and standard tiles to maximize equipment life and protect against abrasion in mining and industrial applications.
• Piping Systems & Hoses Custom piping systems in sizes 1-60 inch ID with lengths up to 60 feet, featuring Victaulic grooved systems or flanged connections, with multiple lining options including natural gum rubber, neoprene, SBR, chlorobutyl, and rubber-backed ceramics, supported by a proprietary wear detection system for monitoring rubber lining condition.
• On Site Services On-site installation and repair services including authorized GIW rubber lining, ceramic tile lining, FARO 3D laser scanning, on-site measurements, equipment rebuilds, repairs, and custom mapping of chutes, tanks, and boxes for mining and industrial customers.

Quantifiable outcome

• Over 700 satisfied clients served worldwide
• +1 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Thompson River UniversitycoreStrategic or Co-development PartnerPRI collaborates with Thompson River University for workforce training and development, contributing to employee skill development and retention programs.
• GIWminorStrategic or Co-development PartnerPRI is an authorized GIW Rubber Liner and authorized Rubber Applicator, providing certified rubber lining services for GIW equipment.
• LynumcoreChannel Partner/ Reseller/ DistributorExclusive distributor for British Columbia, Alberta, Saskatchewan, and Manitoba regions. Provides local sales and support for PRI products in Western Canada.
• IntegralcoreChannel Partner/ Reseller/ DistributorDistributor for Quebec, Nova Scotia, New Brunswick, PEI, Newfoundland & Labrador, and Eastern Nunavut. Provides coverage for Eastern Canada regions.
• Elko Wire RopeminorChannel Partner/ Reseller/ DistributorDistributor for Arizona, Nevada, Utah, Montana, and Wyoming in the US Southwest region.
• Engineered EquipmentminorChannel Partner/ Reseller/ DistributorDistributor for Alaska and Washington in the Pacific Northwest region.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Weir Group: Weir Group is a global mining-focused engineering business with deep exposure to wear-resistant materials (notably through its ESCO division) alongside pumps and processing equipment. It is a broader incumbent that overlaps with PRI on mining wear components.
• Metso: Metso is a major global mining and aggregates OEM that supplies grinding mills, screening equipment, and wear parts including rubber and composite mill liners (historically via its Skega brand). It is a broad incumbent that overlaps with PRI's mining wear offering.
• Trelleborg: Trelleborg is a large global engineered polymers and elastomers group with significant mining and infrastructure exposure through its sealing, anti-vibration, and engineered rubber products. It is a broad incumbent adjacent to PRI's specialty rubber lining business.

Direct peers

• Tega Industries: Tega Industries is a global manufacturer of specialized mineral processing and material handling equipment, including rubber and polyurethane mill liners, screening media, and chute liners. It directly competes with PRI on rubber and ceramic wear liners for mineral processing customers worldwide.
• Bradken: Bradken is a leading global manufacturer of wear-resistant engineered products for the mining and resources sector, including mill liners, crawler systems, and chute liners. It is a closely comparable competitor in custom-engineered mining wear components.
• GIW Industries: GIW Industries specializes in heavy-duty slurry pumps and related wear components for mining and dredging applications. PRI is an authorized GIW Rubber Liner and Applicator, making GIW both a partner and a credible adjacent peer in rubber-lined slurry equipment.
• Multotec: Multotec is a global supplier of mineral processing equipment and wear solutions, including rubber and composite mill liners, screen panels, and cyclone components. It competes with PRI across rubber/ceramic wear parts and on-site service offerings for mining operators.
• Corrosion Engineering: Corrosion Engineering (part of the Polycorp group historically, now independent/related) provides rubber lining and corrosion-protection services for mining, power, and chemical processing industries. It is a direct competitor in industrial rubber lining applications.
• Polycorp: Polycorp is a Canadian manufacturer of engineered rubber products, most notably rubber mill liners and screen media for the mining industry. It is the closest direct competitor to PRI in mining-focused custom rubber lining and molded wear components.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/progressive-rubber-industries
• Facebookfacebook.com/ProgressiveRubber

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Progressive Rubber Industries