Saco is a privately owned Canadian company founded in 1987. Headquartered in Canada, the company specializes in the integration of audio-visual systems, with a focus on lighting and LED panel installations. Saco has a team of approximately 140 employees and is recognized for its expertise in the industry.

Revenue

Founded

1987

Headcount

139

Headquarters

Canada

Primary Segment

Appliances, Electrical, and Electronics Manufacturing

Ownership

Privately Owned

News Summary:

In the third quarter of 2023, Saco reported a rise in quarterly sales from 231.43 million riyals to 236.52 million riyals year-over-year. The company also saw an improvement in its quarterly net loss, decreasing from 15.94 million riyals in the previous year to 3.98 million riyals. In a separate development, Saco announced a brand change, evolving from CFR Freight to SACO CFR in 2022 and further adopting the global corporate identity as SACO on July 31, 2024. Additionally, the company implemented an adjustment to contingency surcharges for Import LCL Far East and Indian Sub, effective from July 15, 2024. Furthermore, Saco celebrated the recognition of one of its teachers as a state semifinalist for the 2025 Maine Teacher of the Year. Lastly, the City of Saco received a grant of $49,276 from T-Mobile's Hometown Grant program to revitalize Riverfront Park.

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