Winnipeg-based Exchange Income Corporation focuses on aerospace and aviation services and equipment, and manufacturing. The company uses a disciplined acquisition strategy to identify already profitable, well-established businesses that have strong management teams, generate steady cash flow, and operate in niche markets. It has two operating segments: aviation and manufacturing. The aviation segment serves Northern Canada, while the manufacturing segment covers a number of sectors. This growth-by-acquisition company has added new businesses every year since 2011.