About Wajax

Wajax Corporation, an integrated distribution company, provides sales, parts, and services to construction, forestry, mining, industrial/commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors The company provides products and services in ten categories. Its ten product and service categories have been grouped into three classifications, such as targeted growth, core strength, and cyclical/major project opportunities. Targeted Growth The company works closely with its partners at Hitachi, Bell and other manufacturers, to continue to grow market share in construction equipment, focusing on excavators, wheel loaders and articulated dump trucks. The company offers core construction products, a full range of aftermarket services. The company offers a range of products and services to address the material handling needs of warehouse, industrial and heavylift customers. The company’s organic growth strategy includes a focus on major account development for industrial and resource customers and enhanced services, including asset management, condition monitoring and predictive maintenance. In partnership with Hyster-Yale Material Handling, the company focuses on building upon its strength in the material handling market and expand its market share through enhanced sales coverage, ancillary equipment and warehouse products, expanded aftermarket services and investment in its rental fleet. The company offers a range of products and services to address the material handling needs of warehouse, industrial and heavylift customers. The company builds engineered repair services capabilities, offering shop and field services, commissioning, design, repairs and rebuilds, reliability and installation services. Its strategy includes a focus on major account development for industrial and resource customers and enhanced services, including asset management, condition monitoring and predictive maintenance. Core Strength Working closely with major vendors, including SKF, Timken, ITT, 3M, Eaton and Moyno, the company offers its customers expert service and support across a full range of bearings and power transmission, process and fluid power products. In partnership with Tigercat and Hitachi, the company offers an industry-leading range of equipment and aftermarket services to logging contractors and other forestry customers. The company has partnerships with Rolls-Royce and Volvo, providing growth opportunities in commercial and defense marine. Cyclical/Major Project Opportunities The company supports a range of engines and transmissions used in off-highway applications, such as oil and gas drilling, well stimulation and large vehicle or system re-powers. Products and services include design engineering, systems packaging, shop and field repair and re-build services. The company’s primary partners include Rolls-Royce Power Systems/MTU, Allison, Volvo and Deutz. The company offers a range of design and fabrication services to provincial utility and other customers. Competition The company primarily competes against regional dealers and distributors that tend to handle a dedicated product line. Competitors include the distribution networks of companies, such as Caterpillar, John Deere, Komatsu, Cummins and Freightliner. History The company was founded in 1858. It was formerly known as Wajax Income Fund and changed its name to Wajax Corporation in 2011.

Country
Industry:
Machinery, Equipment, And Supplies
Founded:
1858
IPO Date:
05/09/1996
ISIN Number:
I_CA9307831052
Address:
2250 Argentia Road, Mississauga, Ontario, L5N 6A5, Canada
Phone Number
877-469-2529

Key Executives

CEO:
Domagalski, Ignacy
CFO
Auld, Stuart
COO:
Dube, Andre