Saco, a privately owned Canadian company founded in 1987, manufactures appliances, electrical, and electronic products. As of 2023, it employs approximately 140 people. While its core business involves the production of appliances, electrical, and electronic goods, Saco also specializes in the integration of audio-visual (AV) systems, with a focus on lighting and LED panel installations.
Appliances, Electrical, and Electronics Manufacturing
Ownership
Privately Owned
News Summary:
On July 15, 2024, Saco announced a contingency surcharge adjustment for import LCL Far East and Indian Subcontinent shipments. Saco reported quarterly sales of 236.52 million riyals for the quarter, compared to 231.43 million riyals in the same quarter the previous year. The company also reported a net loss of 3.98 million riyals, compared to a loss of 15.94 million riyals the previous year. On July 31, 2024, Saco will change its brand to adopt a global corporate identity. Unrelated to Saco, the City of Saco received a $49,276 grant to revitalize Riverfront Park. Also unrelated, one teacher from Saco was named a state semifinalist for the 2025 Maine Teacher of the Year.