Time

What Time does

TIME Limited (Temiskaming Industrial Mining Equipment Limited) is a privately held Canadian manufacturer and distributor of drilling, mining, and exploration equipment and consumables, founded in 1970 and headquartered in Haileybury, Ontario. The company serves Canadian mining operators and exploration companies with a comprehensive catalogue spanning drilling and exploration tooling (core barrels, drill rods, diamond drill bits, water swivels, overshots, recovery tools, casing cutters, drilling wedges in B/N/H/P hole sizes), drilling fluid chemicals and additives, blasting supplies, dust control, pumps, fluid and air transfer systems, plugs, and general industrial supplies. Its core manufacturing capability is built around heat-treated 4140 steel processed through automated induction heat-treating and CNC machining, with over 50 years of accumulated diamond product development expertise.

The company's business model combines in-house manufacturing of proprietary drilling consumables and equipment with distribution of third-party supplier brands, sold through a sales-led B2B motion with quotes negotiated via phone and email. Distribution runs through six owned branches positioned inside Canada's primary mining belts — Haileybury (HQ), Sudbury, Val-d'Or, Timmins, Martensville/Saskatoon, and Deer Lake — providing same-region fulfillment and on-site technical guidance to customers. Value is reinforced by custom design, machining, and fabrication services that allow TIME to engineer site-specific tooling alongside its catalogue offering, and by a French-language web presence targeting Quebec francophone customers. No external investors, parent company, or public listing has been disclosed, and revenue, headcount trajectory, and ownership details are not publicly available.

Name

Time

Legal name

TIME Limited

Website

https://timeltd.ca

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

101–250 employees

Short description

TIME Limited is a privately held Canadian manufacturer and distributor of drilling, exploration, and mining consumables and equipment, serving Canadian mining operators through six branches and in-house 4140-steel manufacturing.

Ownership category

akta.pro rank

Product category

Mining Equipment Manufacturing and Distribution

NAICS

Mining Machinery and Equipment Manufacturing (333131)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Wear Parts & Consumables (GET, Liners, Drill Bits, Grinding Media) (IMAKANAH)

Keywords

• Mining equipment manufacturing
• Drilling tools supply
• Exploration equipment
• Diamond drill bits
• Core barrels

Headquarters

HQ city

Haileybury

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Mining Equipment Sales: Sale of mining, drilling, and exploration equipment including diamond drill tools, blasting products, pumps, fluid transfer systems, drilling wedges, plugs, and industrial supplies. Products are manufactured in-house and sourced from suppliers. The company also distributes branded equipment across Canada.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

TIME Limited manufactures and distributes a comprehensive catalogue of mining, exploration, and heavy-industry equipment and consumables, including diamond drill tools, wireline core barrels, drill rods, drilling wedges, water swivels, pumps, blasting products, drilling fluid chemicals, dust control products, and fluid/air transfer systems. The company combines in-house manufacturing of TIME-branded equipment using heat-treated 4140 steel and CNC machining with distribution of third-party supplier brands, marketed as a single-source supply solution for Canadian mining and exploration customers.

Product overview

TIME Limited is a Canadian manufacturer and distributor of mining, exploration, and drilling equipment and supplies. The company operates as a single-source supplier offering an extensive portfolio of products organized into major categories: Mining General Equipment (safety, tools, materials), Drilling Fluid Products (chemicals and additives), Blasting Products, Dust Control, Fluid and Air Transfer Systems, Plugs, Pumps, Industrial Products, Drilling Wedges (bypass and retrievable wedges), and comprehensive Drilling and Exploration Equipment. The Drilling and Exploration category is the core of their offering, featuring specialized components for wireline coring operations including Core Barrels in B, N, H, and P hole sizes with various head assembly configurations (LL, TL, SL, Underground), Diamond Products (impregnated and surface set drill bits, reaming shells, casing shoes), Drill Rods, Water Swivels (Compact, Standard, Underground, Conventional), Recovery Tools (wireline recovery, taps, spears), Overshots, Casing Cutters, and Loading Chambers. The company manufactures many products in-house using 4140 steel and automated CNC machining, while also distributing branded equipment and supplier products across Canada through branch locations in Haileybury (head office), Sudbury, Val-d'Or, Timmins, Saskatoon, and Deer Lake.

Differentiator

Problem solved

Functional benefit

Products and services

• Mining General Equipment General mining supplies for mining operators and exploration crews, including gates, fencing, blocks, hooks, tools, bags, strapping, rope, twine, manifolds, blow tubes, lighting, burlap, rags, and marking paint.
• Drilling Fluid Products Chemicals and additives for drilling fluid systems used in mineral exploration and mining, including viscosifiers, grease, degreaser, lubricants, lost circulation materials, specialty products, foams, detergents, and commercial chemicals.
• Blasting Products Blasting equipment and accessories for mining blasting operations, including blasting gauges, straps, wire, hangers, plugs, hose, bags, and safety equipment.
• Dust Control Products Dust suppression and control products designed for use in mining and drilling environments.
• Fluid and Air Transfer Systems Fluid and air transfer components for mining and drilling operations, including hose, couplings, clamps, valves, foot valves, strainers, misters, atomizers, and hydraulics/pneumatics components.
• Drilling and Mining Plugs Plugs for drilling and blasting applications, including drilling plugs, Van Ruth plugs, and blasting plugs designed for various drilling hole sizes and configurations.
• Pumps Pumping equipment for mining and drilling fluid handling, including FMC Bean pumps, Nomad aluminum diaphragm pumps, Pratissoli pumps, pump assemblies, pumping units, and related accessories.
• Industrial Products General industrial supplies for mining operations, including tools, storage, personal protective equipment, environmental protection gear, lighting, hydraulics, pneumatics, hoisting, lifting, and hose fittings.
• Drilling Wedges Drilling wedges for directional drilling applications, including bypass/steel wedges and retrievable wedges in B, N, H, and P sizes. Manufactured in Canada with 4140 heat-treated, stress-relieved steel for durability. Designed for drill holes requiring multiple wedge deflections.
• Drilling and Exploration Equipment Comprehensive drilling and exploration equipment for mineral exploration in B, N, H, and P hole sizes, including wireline core barrels, head assemblies, overshots, diamond drill bits and reaming shells, drill rods, water swivels, casing cutters, recovery tools, loading chambers, and accessories. Many items are manufactured in-house at TIME using heat-treated 4140 steel, alloy steel tubing, automated induction heat treating, and CNC machining.
• Custom Design, Machining, and Fabrication Services In-house custom design, machining, and fabrication services for mining and exploration customers requiring specialized or made-to-order equipment components.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Epiroc: Major mining and infrastructure equipment manufacturer with a comprehensive drilling consumables and exploration tooling line — competes with TIME across drilling wedges, core barrels, and consumables, but operates at much larger scale across all mining segments.
• Atlas Copco (Power Technique): Global industrial group with compressors, pumps, and mining consumables — overlaps with TIME's pumps, fluid transfer, and drilling product categories but serves much broader industrial markets.
• Sandvik Mining and Rock Solutions: Global mining equipment OEM offering drilling rigs, drill bits, consumables, and tools — overlaps significantly with TIME's drilling and consumables portfolio but as part of a much broader underground and surface mining equipment franchise.

Direct peers

• Boart Longyear: Global manufacturer of diamond drilling tools, core barrels, drill rods, and drilling consumables for mineral exploration — directly competes with TIME's core drilling-and-exploration product line and serves the same mining customer base.
• Center Rock Inc. Manufacturer of drilling consumables including down-the-hole hammers, bits, and related wear parts — closely comparable niche peer to TIME's drill bits and consumables manufacturing.
• Fordia Group: Canadian-based manufacturer and distributor of diamond drilling tools and exploration equipment — direct competitor to TIME's diamond products, drill rods, and core barrels, serving Canadian exploration markets with an overlapping product set.

Regional players

• Drill Cool Canada: Canadian distributor of drilling fluids, lubricants, and mining consumables — comparable in product overlap to TIME's drilling fluid products and industrial supplies line, focused on Canadian mining markets.
• Northquest Ltd. Canadian supplier of drilling consumables, diamond tools, and exploration supplies — regional peer focused on the same Northern Ontario and Quebec mining markets where TIME operates its branches.

Emerging players

• Major Drilling Group International: Canadian-headquartered drilling services and consumables company serving mineral exploration globally — adjacent in that it procures and uses many of the same drilling consumables TIME sells, and overlaps in the Canadian exploration market.

Others

• Atlas Drilling Products: Supplier of specialty drilling products and downhole tools — comparable to TIME's drilling wedges, casings, and downhole accessory lines, functioning as both an ecosystem participant and partial product-line competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/TIMELtd71

Revenue estimate

Valuation estimate

Number of profiles

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 Time