Ironworker Management Progressive Action Cooperative Trust

Expanding Job Opportunities for Ironworkers and their Contractors

  • 2018 North American Iron Workers / IMPACT Conference
  • New World-Class Breakouts & Speakers
  • Registration is open
  • Secure your spot today

Just wanted to say that Mark, Michael and Stuart from FMI and Trevor from PWC did an excellent job engaging the classroom in discussion each day, and had a great program format for teaching. The information they brought forward was extremely useful now as I'm sure it will be throughout my career. This was only my 2nd IMPACT course that I have attended, I would like to commend IMPACT on organizing these events for Ironworkers and contractors alike, IMPACT always put on an amazing program, and does a very good job at making these events comfortable and welcoming to attend. I plan to attend more IMPACT events as the information is always very useful and IMPACT does a great job of finding the right instructors for the occasion. I would like to thank everyone at IMPACT for the work they do to set these events up and providing the opportunity to attend these courses.


Jacob Wicks
Chief Estimator
JCT Metals Inc.

Succession Planning for the Ironworking Industry: For Contractors and Fabricators (Training)

Tuesday, October 24 (8am) - Wednesday, October 25, 2017 (4:30pm Canada/Eastern)
Travelodge Toronto Airport
925 Dixon Road
Toronto, ON M9W 1A3

My Meetings

The Succession Planning for the Ironworking Industry is for Contractor/Fabricators and Future Leaders and targets the major transition options available including management succession and transferring ownership to the next generation.

Day One: Strategy
Day One of the program includes an overview of ownership transfer and management succession. In this session participants will learn about the effects of inadequate planning and develop strategies to overcome related issues. They will learn how to identify the key stakeholders in their business succession plan and will develop an action plan for achieving goals throughout the process of transition. Participants will learn ways to develop leaders and managers within their company and will explore the role of coaching and mentoring in the development process. They will gain an understanding of the changing roles of the existing and new, emerging leaders.

Day Two: Mechanics
Day Two of the program participants will address valuation of the business and the realities of the buying and selling process based on the current acquisition market, including the impact of being a signatory contractor and the potential unfunded pension liability. They will learn about techniques and different approaches for transferring ownership, including ways corporate structures impact situations. They will also discuss the necessary managerial components of a contingency plan along with consideration of key elements of estate, gift tax, insurance and compensation.

Instructors: Michael Mangum, FMI Corporation, Michael Swistun, FMI Corporation & Rusty Sherwood, FMI Corporation

To register, please contact Bert Royer, IMPACT Canadian Regional Director at (306) 536-0442 or

Who Should Attend:
The Program is recommended for contractors/fabricators who are transitioning ownership of their company and future leaders transitioning to an ownership role.

Meeting Attire:
Business Casual

Registration Fees:
These fees are available through 10/24/2017
Name Price Available To
Member $0.00   Member

Is Media Allowed?

General Hotel Information:
Travelodge Toronto Airport
925 Dixon Road
Toronto, ON M9W 1A3

Travel Information:
The nearest airport is Toronto Pearson Airport (YYZ).

For more information please contact:
Ms. Elaine Darby
Administrative Assistant to the CEO
Phone: (202) 393-1147
Fax: (202) 393-1148

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