L. FOURNIER ET FILS INC.

What L. FOURNIER ET FILS INC. does

L. Fournier et Fils Inc. is a privately held, family-owned industrial services company headquartered in Val-d'Or, Quebec, founded in 1936 by Léo Fournier and his brother Émile. Now in its third generation of family ownership following the January 2026 transfer from Serge Fournier to Jérémi Fournier, the company delivers an integrated portfolio of six service lines: surface mining services (planning, excavation, ore/waste transport, water management, mine closure), concrete production and supply (multiple ISO 9001 and Qualibéton certified fixed and mobile plants), aggregate crushing and screening, bulk transport of ore, cement, and aggregates, civil engineering (road, airport, dike, and hydroelectric infrastructure), and underground mining shotcrete through its wholly-owned subsidiary Interventions SWATcrete Inc. (acquired 2017).

The company operates one of the largest specialized heavy-equipment fleets in Eastern Canada, comprising 850+ units including 200-ton excavators, 100-ton trucks, mobile crushers, track-mounted screening plants, and a hydraulic mobile garage deployed via partnership with Savar-Hangar. It has differentiated through operational technologies (SWATcrete shotcrete, Sleipner E50 50-ton excavator transport system), an early-mover fleet decarbonization strategy (first natural gas-powered Kenworth with Cummins X15N engine in Abitibi; electric 40-ton mining vehicle in development with Propulsion Quebec), and a robust Indigenous Partnerships Department with 14+ joint ventures established since 2012 across Cree, Algonquin, Inuit, and First Nations communities in Quebec, Ontario, and Nunavut.

The business model is B2B project-based contracting on multi-year, multi-phase engagements with Tier-1 mining operators (Agnico Eagle, ArcelorMittal, Vale, IamGold, Barrick, Gold Fields, Equinox Gold, Eldorado Gold, Osisko Mining), critical minerals developers (Sayona, Nemaska Lithium, Nouveau Monde Graphite, Minerai de Fer Québec), utilities (Hydro-Québec), and government agencies (Transport et Mobilité durable Québec, SDBJ, Nation Crie de Waskaganish). Reported annual revenue exceeds CAD $450M at 1,200+ employees; the company has earned Canada’s Best Managed Companies Gold status (2025) and ranks 7th in Quebec’s Top 100 construction companies by 2022 business volume.

Name

L. FOURNIER ET FILS INC.

Legal name

L. Fournier et Fils Inc.

Website

https://fournier.com

Company type

Private

Founded year

1936

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

L. Fournier et Fils Inc. is a third-generation, family-owned Quebec industrial services firm delivering integrated mining, concrete, aggregates, transport, civil engineering, and underground shotcrete (SWATcrete) services to Tier-1 miners, critical-minerals developers, and government clients across Eastern Canada, supported by a fleet of 850+ specialized equipment units and 1,200+ employees.

Ownership category

akta.pro rank

Product category

Mining and Heavy Civil Construction Services

NAICS

Support Activities for Metal Mining (213114), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)

akta.pro secondary industries

Tailings & Water Management Engineering (TSF Design/Construction, Dams, Water Treatment) (IMAKAOAF), Tailings & Waste Management (Thickened Tailings, Dry Stack, Paste, TSF Operations) (IMAKALAH)

Keywords

• Mining services
• Concrete production
• Aggregates supply
• Civil engineering
• Heavy equipment transport

Headquarters

HQ city

Val-d'or

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Mining Services: Surface mining operations including planning, project startup, construction, facility operation, and mine closure. Services include road access preparation, excavation, general earthworks, blasting, ore/waste transport, water management, and site restoration.
2. Concrete Products and Services: Production and sale of ready-mix concrete (conventional, self-compacting, shotcrete, fiber-reinforced, lightweight, mass concrete) and prefabricated concrete structures. Multiple ISO 9001 certified fixed and mobile plants.
3. Aggregates: Gravel and aggregate crushing operations using mobile crushers (medium to large capacity and compact) and track-mounted screening plants. Sale of natural and crushed gravel.
4. Transportation: Transport of ore, waste rock, aggregates, and bulk cement. Open trailer and heavy-duty transport services.
5. Civil Engineering: Project startup, construction, and closure services including stripping, excavation, road construction, culvert installation, water management, and site rehabilitation.
6. SWATcrete (Subsidiary): Specialized underground mining shotcrete services through subsidiary Interventions SWATcrete inc.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

L. Fournier et Fils Inc. delivers integrated surface mining, concrete production, aggregates crushing, heavy haul transport, and civil engineering contracting services to mining operators and government infrastructure clients across Eastern Canada. The company operates an 850+ unit fleet of specialized heavy equipment and runs ISO 9001 certified fixed and mobile concrete plants to execute projects from mine startup through operations to site rehabilitation and closure. Its subsidiary SWATcrete extends the offering to specialized underground mining shotcrete services.

Product overview

L. Fournier et Fils Inc. is a family-owned construction and mining services company (established 1936) operating from Val-d'Or, Quebec. The company offers an integrated portfolio of six interconnected service lines: Mining Services, Concrete Products, Aggregates, Transport, Civil Engineering, and SWATcrete (subsidiary for underground mining shotcrete). The integrated approach allows the company to serve mining and energy industry clients through the complete project lifecycle from planning through closure. Recent innovations include natural gas-powered transport, electric vehicle development partnerships, and specialized equipment like the Sleipner E50 moving system.

Differentiator

Problem solved

Functional benefit

Brands

• SWATcrete: A subsidiary dedicated to the underground mining industry through shotcrete (béton projeté) services designed to meet the most demanding environments.

Products and services

• Mining Services Surface mining services covering the full project lifecycle: project planning and startup (access roads, excavation, site preparation), construction (concrete, crushing, civil works, water management, dam and basin construction), mining facility operations (stripping, pit operations, ore and waste transport, equipment rental), and mine closure (site restoration, tailings management, revegetation). Delivered for large open-pit mining operators across Quebec, Ontario, Nunavut, and Nunavik.
• Concrete Products and Services Production and sale of ready-mix concrete including conventional, self-placing, shotcrete, fiber-reinforced, lightweight, and mass concrete formulations, plus prefabricated concrete structures and various grout types. Backed by multiple ISO 9001 and Qualibéton certified fixed plants and mobile plants that can be deployed to remote project sites.
• Aggregates Mobile and compact crushing operations and track-mounted screening plants producing natural and crushed gravel in various aggregate types for mining and construction projects.
• Transport Services Transportation of ore and waste rock, aggregate transport, bulk cement transport, and open trailer and heavy haul (fardier) transport services for mining operators and infrastructure projects.
• Civil Engineering Civil engineering services spanning project startup (stripping, excavation, road, access and winter road construction), construction (pavement rehabilitation, dike reinforcement, sewer, aqueduct and culvert construction, snow removal, site maintenance), and project closure (rehabilitation, decontamination, basin closure, revegetation, drainage).
• SWATcrete Underground Mining Shotcrete Services Specialized underground mining shotcrete (beton projeté) applications delivered through subsidiary Interventions SWATcrete Inc. (created 2017), designed to meet the most demanding underground mining environments.

Quantifiable outcome

• Reached 100,051 m3 of concrete production at Côté Gold mine site since 2021, including single pour of 1,344 m3
• +3 more outcomes

Named customers18 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

18 partnerships are on record, tiered core, flagship and minor.

• Savar-HangarcoreTechnology or Integration · 18 July 2023Partnership for revolutionary hydraulic mobile garage technology. First installation in Quebec enables 45-minute deployment for remote project sites.
• Swallow-Fournier Inc.flagshipStrategic or Co-development Partner · 1 January 2012First joint venture with Cree community (Mistissini) marking 10-year anniversary in 2023. Emerson, Johnny, and Gordon from Swallow family established this foundational partnership for economic development in Cree territory.
• Manawan-Fournier Inc.coreStrategic or Co-development PartnerJoint venture with Manawan First Nation community providing services and economic opportunities.
• NDC-Fournier Inc.coreStrategic or Co-development PartnerIndigenous partnership joint venture for project execution.
• ASINII-Fournier Inc.coreStrategic or Co-development PartnerIndigenous partnership joint venture for project execution.
• CS-Fournier GP Inc.coreStrategic or Co-development PartnerIndigenous partnership joint venture for project execution.
• Newashish-Fournier Inc.coreStrategic or Co-development PartnerIndigenous partnership joint venture executing projects such as La Trenche power station.
• A2Ski IndustrialminorStrategic or Co-development PartnerIndigenous industrial partnership.
• Matachewan MFNLPminorStrategic or Co-development PartnerFirst Nations partnership in Ontario.
• Kinawit-Fournier Inc.minorStrategic or Co-development PartnerIndigenous partnership joint venture.
• Aki-CaronminorStrategic or Co-development PartnerIndigenous partnership joint venture.
• Long Lake #58 First NationminorStrategic or Co-development PartnerFirst Nations partnership for Greenstone Gold Mine projects.
• Nanaakatheth-Fournier Inc.minorStrategic or Co-development PartnerIndigenous partnership joint venture.
• Sarliaq-Fournier Inc.minorStrategic or Co-development PartnerIndigenous partnership for Nunavut projects (Arviat).
• Brandt (Construction, Forestry & Material Handling)coreChannel Partner/ Reseller/ DistributorEquipment supplier collaboration for acquisition and delivery of Sleipner E50 units in Val-d'Or.
• Sakku Properties LTDcoreStrategic or Co-development PartnerPartnership for Arviat modular homes manufacturing and training facility project in Nunavut.
• Pikogan Coop de SolidaritéminorStrategic or Co-development PartnerIndigenous community partnership with employees working on mine sites through cooperation.
• Senneterre Centre d'entraide et d'amitié autochtoneminorStrategic or Co-development PartnerPartnership for Indigenous crafts sales events for employees.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Boart Longyear: Global drilling services and mining equipment provider with Canadian operations. Comparable as a broader incumbent offering mining services that overlap with Fournier's drilling, exploration support, and surface mining activities.
• AtkinsRéalis: Major Canadian-headquartered engineering, construction, and nuclear services firm with mining EPCM capabilities. Comparable as a broad incumbent providing mine development engineering and project management services overlapping with Fournier's tailings and civil scope.
• Aecon Group: One of Canada's largest publicly listed construction and infrastructure developers with mining, civil, and industrial operations across the country. Comparable as a broader incumbent competing for the same large-scale mining and infrastructure tenders.
• Bird Construction: Canadian commercial and industrial construction firm with mining-sector exposure. Comparable as a broader incumbent competing for industrial and mining infrastructure work in Eastern Canada.

Direct peers

• Dumas Contracting: Montreal-based underground and surface mining contractor providing shaft sinking, mine development, and production services across Canada. Directly comparable as a Quebec-headquartered mining services peer serving many of the same Tier-1 miners.
• MacLean Engineering: Collingwood, Ontario-based manufacturer of mining equipment and supplier of mining services, including production support vehicles used underground. Comparable as a Canadian mining equipment and services peer serving similar customers and geographies.
• EBC Inc. Major Quebec-based general contractor delivering civil, building, and mining infrastructure projects. Comparable as a similarly sized Quebec construction firm with significant mining-sector exposure and integrated delivery capabilities.
• Nuna Logistics: Northern Canada-focused logistics and mining services contractor operating across Nunavut, Northwest Territories, and Yukon. Comparable as a peer serving remote Arctic mine sites with integrated transport and site services.
• Pomerleau: Large Quebec-headquartered construction firm active in civil, industrial, and mining-related infrastructure. Comparable as a regional peer competing for mining and civil engineering contracts across Eastern Canada.

Regional players

• Sintra Inc. Quebec-based road construction, civil engineering, and aggregates producer. Comparable as a regional peer operating in similar earthworks, aggregates, and civil infrastructure segments across Quebec.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 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 L. FOURNIER ET FILS INC.