- Casilco Corp. purchases 10% interest of 349671 Ontario Limited (Mud Creek Club) from Karlett Incorporated.
- September 3, Sileno Corsini passes away. Carlo A. Corsini assumes role as Chairman of the Casilco Group of Companies. The company now focuses on expansion into the commercial sector.
- Adrico Holdings is incorporated for the purpose of expanding Lise Corsini’s interest in real estate. Adrico derives its funds from Lises’ proceeds from the sale of Kingroup, her family business.
- Adrico Holdings and Casilco Corp. purchase 101 Keil Drive, a 5,000 square foot office building in Chatham, Ontario. KPMG is the anchor tenant.
- Adrico Holdings and Casilco Corp. purchase Grand River Farms, a 58 acre parcel of land on the outskirts of Chatham, Ontario.
- Casilco Management begins the development of residential estate lots on Caring Cross Road in Chatham, Ontario.