Cutting Edge Precision Services ULC, Proper Windsor Holdings ULC and SGM Real Estate Holdings ULC

On October 12, 2022, Albert Gelman Inc. was appointed by an Interim Order dated October 12, 2022 (the “Appointment Order”) and an Amended and Restated Order dated October 21, 2022 (the “Amended Appointment Order”) of the Ontario Superior Court of Justice (Commercial List) as Receiver (“Receiver”), without security, of all of the assets, undertakings and properties of Cutting Edge Precision Services ULC (“Cutting Edge”), Proper Windsor Holdings ULC (“Proper Windsor”) and SGM Real Estate Holdings ULC (“SGM Real Estate”) (collectively, the “Debtors”).  This case webpage is posted in accordance with the Appointment Order.

The application for the appointment of the Receiver of Debtors was returnable on October 12, 2022.

Cutting Edge carries on business as a designer and manufacturer of tooling and plastic injection molding services, serving automotive, industrial and consumer customers. Cutting Edge operates from a plant located at 3230 Moynahan Street, Oldcastle, Ontario (the “Real Property”).

SGM Real Estate is a holding company that is the registered owner of the Real Property.

Proper Windsor is a holding company that owns all of the shares of Cutting Edge; and the Debtors are indirect subsidiaries of Proper Group International LLC, which is a designer and manufacturer of plastic injection molds and injection-molded sub-components. The Proper Group of companies are headquartered in Warren, Michigan.

Inquiries should be directed to: Albert Gelman Inc. 60 Shaftesbury Ave. Toronto, Ontario M4T 1A3 Attention: Tom McElroy

Tel. 416-504-1650 Ext. 117, Fax. 416-504-1655, Email- tmcelroy@albertgelman.com