History
1940's
 Monteferro Italy began operations
1970's
Monteferro Italy expanded throughout Europe and opened up facility in Monvalle, Italy
1989
Canadian Guide Rail began operations in Steinbach, Manitoba focusing on Guide Rail Manufacturing 
1997
Gerdau Ameristeel partnered with Canadian Guide Rail
1997
Canadian Guide Rail opened plant in East St. Paul, Manitoba focusing on Guide Rail Manufacturing
1998
Canadian Guide Rail opened up second building in Steinbach, Manitoba 
2001
Monteferro Italy joined with Gerdau and rebranded Canadian Guide Rail to Monteferro America
2003
 Monteferro America starts supplying Shaft Mechanics 
2008
Monteferro America opens up Warehouse in Orangeburg, South Carolina
2013
Monteferro America expands facility in Orangeburg, South Carolina 
2016
Orangeburg, South Carolina facility expands capabilities with new machinery focused on custom manufactured parts for both elevator and non elevator business
2021
Steinbach, Manitoba building expansion to increase the capacity of Shaft Mechanics supply
