The ownership of a major employer in Hawkesbury has changed as the company’s Chief Executive Officer (CEO) and management team have become its majority shareholders.

In December 2024, CEO Patrick Tallon became the majority shareholder of Tulmar Safety Systems, which manufactures safety equipment for the defence, aviation, and civil safety sectors.

For over three decades, Barney Bangs, Executive Chairperson and majority shareholder, has been a cornerstone of Tulmar’s success. As a dedicated member of TEC Canada and an active contributor to industry committees and boards such as the Canadian Association of Defence and Security Industries (CADSI) and the Aerospace Industries Association of Canada (AIAC), Bangs has played a pivotal role in building Tulmar’s reputation as a trusted provider of safety solutions.

“I have always been impressed with the quality of Tulmar’s senior leadership team, which comprises long-term employees with diverse expertise. Ensuring the continuation of our strong people-centric culture through this transition was my top priority,” Bangs said.

Under the terms of the buyout, Bangs will retain a minority ownership stake and continue to serve on the Advisory Board of Directors, offering strategic guidance as Tulmar embarks on its next growth phase.

Tallon, who has served as Tulmar CEO since 2019, shared his vision for the future.

“Tulmar has built a reputation for developing engineered for protection products and services, and we are committed to continuing that legacy. Barney’s dedication to our clients and employees is deeply embedded in the fabric of this company, and we are grateful for his ongoing involvement,” Tallon said.

Joining Mr. Tallon in the new ownership group are Benoit Corbeil, Ryan McCormick, and Lori Morris. Corbeil leads Engineering, McCormick leads Finance, and Morris leads Operations.

As Tulmar steps into this new era, clients, partners, and employees can expect a seamless transition, and the commitment to excellence remains the same.  

Tulmar Safety Systems plant in Hawkesbury is located on Cameron Street.