WesTrac

Last updated

WesTrac
Industry Heavy Equipment, Construction, Mining, Building
Founded1990
Headquarters
Number of locations
31
Area served
Western Australia
New South Wales
Australian Capital Territory
Key people
  • Jarvas Croome (CEO - WA)
  • Adrian Howard (Chief Executive - NSW/ACT)
Products Caterpillar Equipment Dealer
Revenue$2.452 billion (FY2018) - 11% Increase YOY
Owner Seven Group Holdings
Number of employees
3,500
Website www.westrac.com.au

WesTrac is a Caterpillar dealer. It was owned by Australian Capital Equity, which in turn was owned by Kerry Stokes. [1] [2] In 2010 it and Seven Network Limited merged to form Seven Group Holdings. [3]

Contents

Headquarters

WesTrac is based in South Guildford, Western Australia, and is the Caterpillar dealer for Western Australia, New South Wales, Australian Capital Territory . [1] [2] Until 1989, the Caterpillar dealership in Western Australia was known as Wigmores, which was also bought by Australian Capital Equity in 1988 and renamed as WesTrac. [4]

A new New South Wales Operational Headquarters in Tomago was opened in 2012. [4]

Business

It supplies Caterpillar mining trucks to BHP, Rio Tinto [5] and other numerous mining companies, as well as Caterpillar engines for power generation and marine transport.

History

Caterpillar began operating in Western Australia in 1925 with a dealership being opened at the South Guildford premises in 1950. Known as Wigmores the dealership was renamed as Morgans in 1989 and then WesTrac in 1990. [4]

The company had over 3,000 employees in 2009 and was the biggest employer of apprentices outside of government. [6]

Since 2000, WesTrac has opened dealerships across China, and is one of the largest suppliers of Caterpillar products in the world. [7]

In 2006, WesTrac closed its agricultural dealerships in Australia, resulting from a decision by Caterpillar to cease production of agricultural equipment. [8] Customers of Westrac were concerned that their warranties would not be honoured.

On 22 February 2010, it was announced that WesTrac would merge with Seven West Media to form Seven Network Limited, which is 70% owned by Kerry Stokes.

On 30 August 2012, WesTrac officially opened its $170m branch at Tomago (NSW), which is known as the Newcastle branch. This branch is the headquarters for WesTrac NSW.

In mid-2018, WesTrac opened a new 24,000sqm branch at the Crossroads Logistics Centre located in Casula, Sydney (NSW). This branch services Sydney customers and replaced their old branch at Holroyd. The Casula branch began operations on 16 July 2018. It has a 1,500sqm warehouse with a cutting-edge automated inventory system and a drive-through bay for easy parts pick-up.

Related Research Articles

Kerry Matthew Stokes is an Australian businessman. He holds business interests in a diverse range of industries including electronic and print media, property, mining, and construction equipment. He is most widely known as the chairman of the Seven Network, one of the largest broadcast repeating corporations in Australia.

<span class="mw-page-title-main">Alan Bond</span> English-born Australian businessman

Alan Bond was an English-born Australian businessman noted for his high-profile and often corrupt business dealings. These included his central role in the WA Inc scandals of the 1980s, and what was at the time the biggest corporate collapse in Australian history and also for his criminal conviction that saw him serve four years in prison. He is also remembered for bankrolling the successful challenge for the 1983 America's Cup, the first time the New York Yacht Club had lost it in its 132-year history. He is also the founder of Bond University, Gold Coast, Australia.

<span class="mw-page-title-main">Rio Tinto (corporation)</span> Anglo-Australian multinational mining company

Rio Tinto Group is an Anglo-Australian multinational company that is the world's second-largest metals and mining corporation. The company was founded in 1873 when of a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions. Although primarily focused on extraction of minerals, Rio Tinto also has significant operations in refining, particularly the refining of bauxite and iron ore. Rio Tinto has joint head offices in London and Melbourne.

<span class="mw-page-title-main">Hamersley Range</span> Mountain range in Western Australia

The Hamersley Range is a mountainous region of the Pilbara region of Western Australia. The range was named on 12 June 1861 by explorer Francis Thomas Gregory after Edward Hamersley, a prominent promoter of his exploration expedition to the northwest. Juukan Gorge lies within the ranges, as does Karijini National Park.

<span class="mw-page-title-main">Seven Group Holdings</span>

Seven Group Holdings Limited is an Australian diversified operating and investment group in the media, mining and construction industries.

<span class="mw-page-title-main">M5 Motorway (Sydney)</span> Motorway in Sydney, Australia

The M5 Motorway is a 29-kilometre-long (18 mi) motorway located in Sydney, New South Wales, Australia that is designated with the M5 route and forms part of the Sydney Orbital Network. The M5 route number comprises two connected parts, separately owned and operated:

<span class="mw-page-title-main">Rail transport in Western Australia</span>

Railways in Western Australia were developed in the 19th century both by the Government of Western Australia and a number of private companies. Today passenger rail services are controlled by the Public Transport Authority through Transperth, which operates public transport in Perth, and Transwa, which operates country passenger services. Great Southern Rail operates the Indian Pacific.

David John Leckie was an Australian media manager, best known as a network television executive. Leckie was he the chief executive officer of the Network Nine between 1990 and 2001 and Seven West Media from 2003 to 2012. Afterwards he was for four years an executive director at Seven Group Holdings, which holds investments in Seven West, earthmoving company WesTrac and the Agricultural Bank of China.

Manheim, Inc. is an automobile auction company and the world's largest wholesale auto auction, based on trade volume with 145 auctions located in North America, Europe, Asia and Australia. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats. Manheim also provides other vital dealership and wholesale services, such as financing, title work, transportation, recovery, auto body repair, dealership management systems, dent repair and automotive reconditioning, and automotive re-marketing at each location.

<span class="mw-page-title-main">Tomago, New South Wales</span> Suburb of Port Stephens Council, New South Wales, Australia

Tomago is a combined industrial/semi-rural suburb of the Port Stephens local government area in the Hunter Region of New South Wales, Australia. It is located just north of the Hunter River and west of the body of water known as Fullerton Cove. Tomago means "sweet water" in the local Aboriginal language. In 2016 277 lived in Tomago with a median age of 55, 72.7% born in Australia and 80.4% only speaking English at home.

<span class="mw-page-title-main">Australian Aboriginal sacred site</span> Places deemed significant and meaningful by Aboriginal Australians based on their beliefs

An Australian Aboriginal sacred site is a place deemed significant and meaningful by Aboriginal Australians based on their beliefs. It may include any feature in the landscape, and in coastal areas, these may lie underwater. The site's status is derived from an association with some aspect of social and cultural tradition, which is related to ancestral beings, collectively known as Dreamtime, who created both physical and social aspects of the world. The site may have its access restricted based on gender, clan or other Aboriginal grouping, or other factors.

NORTRAX, Inc. is an American corporation with headquarters in Mississauga, Ontario., Laval, Quebec. and Westbrook, Maine. Nortrax is a subsidiary of machinery manufacturer John Deere.

Diggers & Dealers is an annual mining conference held in Kalgoorlie, Western Australia which was first held in 1992.

<span class="mw-page-title-main">Iron ore mining in Western Australia</span> Mining in Western Australia

Iron ore mining in Western Australia, in the 2018–19 financial year, accounted for 54 percent of the total value of the state's resource production, with a value of A$78.2 billion. The overall value of the minerals and petroleum industry in Western Australia was A$145 billion in 2018-19, a 26 percent increase on the previous financial year.

<span class="mw-page-title-main">Seven West Media</span> Australian media company

Seven West Media Limited is an ASX-listed media company and is Australia's largest diversified media business, with an extensive presence in broadcast television, print and online publishing.

<span class="mw-page-title-main">AMP Capital</span> Large global investment manager headquartered in Sydney, Australia

AMP Capital is a large global investment manager headquartered in Sydney, Australia. Its owner, AMP Group, was established in 1849, and is one of Australia's largest retail and corporate pension providers. AMP Capital has a strategic alliance with Mitsubishi UFJ Trust and Banking Corporation.

<span class="mw-page-title-main">Sam Walsh (businessman)</span> Australian businessman

Sam Walsh AO is an Australian businessman who was elected to the Mitsui & Co board as a non-executive Director on 21 June 2017. Prior to this he was chief executive officer (CEO) of London-based mining company Rio Tinto Group, from 2013 to 2016.

The Iron Valley mine is a small iron ore mine located in the Pilbara region of Western Australia, 75 kilometres (47 mi) northwest of Newman, 270 kilometres (170 mi) south of Port Hedland, and 10 kilometres (6.2 mi) east of the Yandicoogina mine.

<span class="mw-page-title-main">Tianqi Lithium</span>

Tianqi Lithium Corp is a Chinese mining and manufacturing company based in Sichuan.

<span class="mw-page-title-main">Casula Powerhouse Arts Centre</span> Australian multi-disciplinary arts centre

Casula Powerhouse Arts Centre (CPAC), commonly referred to as Casula Powerhouse, is a multi-disciplinary arts centre in Casula, a south-western outer suburb of Sydney, New South Wales, Australia. Before being renovated and converted into an arts centre, the building was known as Liverpool Powerhouse. Since 2016 CPAC has hosted the Blake Prizes, comprising two art prizes and a residency, as well as the Blake Poetry Prize.

References

  1. 1 2 "WesTrac Profile". Local Government Managers Australia. 4 July 2008. Archived from the original on 22 July 2008. Retrieved 20 June 2008.
  2. 1 2 Spears, Lee (5 June 2008). "Caterpillar May Sell Generators to Chinese Methane Power Plant". Bloomberg L.P. Retrieved 4 July 2008.
  3. "WesTrac". Seven Group Holdings. 2013. Retrieved 19 December 2013.
  4. 1 2 3 "WesTrac - Historical Timeline". WesTrac. 2013. Retrieved 19 December 2013.
  5. "BNET.com - Engineering and Mining Journal - Caterpillar, Rio Tinto Reach Technology Agreement". Engineering and Mining Journal. 2007. Retrieved 8 August 2008.
  6. "Westtrac Company Profile". 2008. Archived from the original on 5 August 2008. Retrieved 8 August 2008.
  7. "Forbes Online - China Cat". 2008. Retrieved 8 August 2008.[ dead link ]
  8. "ABC News - Farmer woes as WesTrac closes its doors". Australian Broadcasting Corporation . 2006. Retrieved 8 August 2008.