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WKSP Stock - Worksport Ltd.


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Worksport Ltd., headquartered in Vaughan, Canada, is a prominent designer and manufacturer of truck tonneau covers serving the North American market. Operating through its subsidiary, the company specializes in producing high-quality truck bed covers that cater to various needs in the automotive accessories industry. Worksport Ltd. was formerly known as Franchise Holdings International, Inc. and rebranded to its current name in May 2020 to better reflect its core business.

The company's product line includes a range of soft and hard tonneau covers. The soft cover (SC) series features models such as the SC3, a tri-fold cover designed with a rubber gasket to protect cargo from moisture and debris, and the SC3pro, which offers enhanced functionality with a release cable mechanism for ease of use. The tough cover (TC) series includes the TC3, a robust aluminum tri-fold cover with a honeycomb core and a durable, scratch-resistant black powder coating, offering superior strength and durability.

Worksport Ltd. is also at the forefront of innovation with the development of TerraVis, a groundbreaking solar-powered tonneau cover. This product aims to provide pickup truck owners with portable, rechargeable power, integrating solar technology into the traditional truck bed cover to enhance functionality and convenience. The TerraVis project highlights Worksport's commitment to advancing automotive accessories through sustainable and cutting-edge technology.

The company distributes its products through a network of wholesalers and online retail channels, reaching both private label customers and original equipment manufacturers (OEMs). Worksport Ltd. has also entered into a collaboration agreement with Greatcell Energy Pty Ltd., reflecting its strategic efforts to integrate advanced technologies into its product offerings. This partnership and its innovative products underscore Worksport Ltd.'s position as a leader in the truck accessory market, driving growth and enhancing the functionality of truck beds across North America.

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