WesTrac: Difference between revisions

WesTrac
Industry	Heavy Equipment, Construction, Mining, Building
Founded	1990
Headquarters	South Guildford, Western Australia
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

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Latest revision as of 19:04, 28 October 2022

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]

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.

References

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

External links

Official website

[lgmawa-1] "WesTrac Profile". Local Government Managers Australia. 4 July 2008. Archived from the original on 22 July 2008. Retrieved 20 June 2008.

[bloomberg-methane-2] Spears, Lee (5 June 2008). "Caterpillar May Sell Generators to Chinese Methane Power Plant". Bloomberg L.P. Retrieved 4 July 2008.

[SGH-3] "WesTrac". Seven Group Holdings. 2013. Retrieved 19 December 2013.

[WT-4] "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.

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@@ Line 1: / Line 1: @@
+{{Short description|Company based in Perth, Western Australia}}
+{{Use dmy dates|date=July 2019}}
 {{Infobox company
 | name = WesTrac
-| logo = [[File:RGBWTLogowithkeyline (2).jpg|thumb|WesTrac Pty Ltd Company Logo]]
+| logo = RGBWTLogowithkeyline (2).jpg
 | type =
 | traded_as =
 | foundation = 1990
 | founder =
-| location_city = [[South Guildford, Western Australia]][[Tomago, New South Wales]]
+| location_city = [[South Guildford, Western Australia]]
-| location_country = Australia
+| location_country =
-| locations = 33
+| locations = 31
 | area_served = [[Western Australia]]<br>[[New South Wales]]<br>[[Australian Capital Territory]]
-| key_people = {{Unbulleted list|[[Jarvas Croome]] ([[CEO - WA]])|[[Greg Graham]] ([[Chief Executive - NSW/ACT]])}}
+| key_people = {{Unbulleted list|Jarvas Croome (CEO - WA)|Adrian Howard (Chief Executive - NSW/ACT)}}
 | industry = [[Heavy Equipment]], [[Construction]], [[Mining]], [[Building]]
-| products = [[Caterpillar Inc.]] Equipment Dealer
+| products = [[Caterpillar Inc|Caterpillar]] Equipment Dealer
 | services =
-| revenue = $2.203 billion (2017)
+| revenue = $2.452 billion (FY2018) - 11% Increase YOY
 | operating_income =
 | net_income =
-| num_employees = 3,321
+| num_employees = 3,500
 | divisions =
 | subsid =
 | owner = [[Seven Group Holdings]]
 | homepage = [http://www.westrac.com.au/Pages/default.aspx www.westrac.com.au]
-| intl = yes
 }}
+'''WesTrac''' is a [[Caterpillar Inc|Caterpillar]] dealer. It was owned by Australian Capital Equity, which in turn was owned by [[Kerry Stokes]].<ref name="lgmawa">{{cite web
-'''WesTrac''' is a [[Caterpillar Inc.|Caterpillar]] dealer. It was owned by [[Australian Capital Equity]], which in turn was owned by [[Kerry Stokes]].<ref name="lgmawa">{{cite web
 | url = http://www.lgmawa.org.au/2-events/state-conf2005/sponsors_profile/westrac-profile-set.html | title = WesTrac Profile
 | publisher = Local Government Managers Australia
-| accessdate = 20 June 2008
+| access-date = 20 June 2008
 | date = 4 July 2008
-|archiveurl = https://web.archive.org/web/20080722071935/http://www.lgmawa.org.au/2-events/state-conf2005/sponsors_profile/westrac-profile-set.html <!-- Bot retrieved archive --> |archivedate = 22 July 2008}}</ref><ref name="bloomberg-methane">{{cite web
+|archive-url = https://web.archive.org/web/20080722071935/http://www.lgmawa.org.au/2-events/state-conf2005/sponsors_profile/westrac-profile-set.html <!-- Bot retrieved archive --> |archive-date = 22 July 2008}}</ref><ref name="bloomberg-methane">{{cite web
 | url = https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1XngmFMvT94
 | title = Caterpillar May Sell Generators to Chinese Methane Power Plant
@@ Line 38: / Line 38: @@
 | publisher = [[Bloomberg L.P.]]
 | date = 5 June 2008
-| accessdate = 4 July 2008
+| access-date = 4 July 2008
-}}</ref> In 2010 it and [[Seven West Media]] merged to form [[Seven Group Holdings]].<ref name=SGH>{{cite web|url=http://www.sevengroup.com.au/our-investments/westrac|title=WesTrac|year=2013|accessdate=19 December 2013|publisher=Seven Group Holdings}}</ref>
+}}</ref> In 2010 it and Seven Network Limited merged to form [[Seven Group Holdings]].<ref name=SGH>{{cite web|url=http://www.sevengroup.com.au/our-investments/westrac|title=WesTrac|year=2013|access-date=19 December 2013|publisher=Seven Group Holdings}}</ref>
 ==Headquarters==
-WesTrac is based in [[South Guildford, Western Australia]], and is the Caterpillar dealer for [[Western Australia]], [[New South Wales]], [[Australian Capital Territory]] and northern [[China]].<ref name="lgmawa"/><ref name="bloomberg-methane"/> 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.<ref name=WT>{{cite web|url=http://www.westrac.com.au/Company_Profile/Pages/Historical_Timeline.aspx|title=WesTrac - Historical Timeline|year=2013|accessdate=19 December 2013|publisher=WesTrac}}</ref>
+WesTrac is based in [[South Guildford, Western Australia]], and is the Caterpillar dealer for [[Western Australia]], [[New South Wales]], [[Australian Capital Territory]] .<ref name="lgmawa"/><ref name="bloomberg-methane"/> 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.<ref name=WT>{{cite web|url=http://www.westrac.com.au/Company_Profile/Pages/Historical_Timeline.aspx|title=WesTrac - Historical Timeline|year=2013|access-date=19 December 2013|publisher=WesTrac}}</ref>
-A new New South Wales Operational Headquarters in [[Tomago, New South Wales|Tomago]] was opened in 2012.<ref name=WT/>
+A new New South Wales Operational Headquarters in [[Tomago]] was opened in 2012.<ref name=WT/>
 ==Business==
-It supplies [[Caterpillar Inc.|Caterpillar]] mining trucks to [[BHP Billiton|BHP]], [[Rio Tinto Group|Rio Tinto]]<ref>{{cite news|url=http://findarticles.com/p/articles/mi_qa5382/is_200711/ai_n21300291|title=BNET.com - Engineering and Mining Journal - Caterpillar, Rio Tinto Reach Technology Agreement|year=2007|accessdate=8 August 2008 | work=Engineering and Mining Journal}}</ref> and other numerous mining companies, as well as Caterpillar engines for power generation and marine transport.
+It supplies [[Caterpillar Inc.|Caterpillar]] mining trucks to [[BHP]], [[Rio Tinto Group|Rio Tinto]]<ref>{{cite news|url=http://findarticles.com/p/articles/mi_qa5382/is_200711/ai_n21300291|title=BNET.com - Engineering and Mining Journal - Caterpillar, Rio Tinto Reach Technology Agreement|year=2007|access-date=8 August 2008 | work=Engineering and Mining Journal}}</ref> and other numerous mining companies, as well as Caterpillar engines for power generation and marine transport.
 ==History==
-[[Caterpillar Inc.|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 renames as Morgans in 1989 and then WesTrac in 1990.<ref name=WT/>
+[[Caterpillar Inc|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.<ref name=WT/>
-The company had over 3,000 employees in 2009 and was the biggest employer of apprentices outside of government.<ref>{{cite web|url=http://www.westrac.com.au/company_profile/Pages/Company_Profile.aspx|title=Westtrac Company Profile|year=2008|accessdate=8 August 2008|archiveurl = https://web.archive.org/web/20080805013834/http://www.westrac.com.au/company_profile/Pages/Company_Profile.aspx <!-- Bot retrieved archive --> |archivedate = 5 August 2008}}</ref>
+The company had over 3,000 employees in 2009 and was the biggest employer of apprentices outside of government.<ref>{{cite web|url=http://www.westrac.com.au/company_profile/Pages/Company_Profile.aspx|title=Westtrac Company Profile|year=2008|access-date=8 August 2008|archive-url = https://web.archive.org/web/20080805013834/http://www.westrac.com.au/company_profile/Pages/Company_Profile.aspx <!-- Bot retrieved archive --> |archive-date = 5 August 2008}}</ref>
-Since 2000, WesTrac has opened dealerships across China, and is one of the largest suppliers of Caterpillar products in the world.<ref>{{cite news|url=https://www.forbes.com/business/global/2008/0407/034.html|title=Forbes Online - China Cat|year=2008|accessdate=8 August 2008}} {{Dead link|date=May 2011|bot=RjwilmsiBot}}</ref>
+Since 2000, WesTrac has opened dealerships across China, and is one of the largest suppliers of Caterpillar products in the world.<ref>{{cite news|url=https://www.forbes.com/business/global/2008/0407/034.html|title=Forbes Online - China Cat|year=2008|access-date=8 August 2008}}{{dead link|date=January 2022|bot=medic}}{{cbignore|bot=medic}} </ref>
-In 2006, WesTrac closed its agricultural dealerships in Australia, resulting from a decision by Caterpillar to cease production of agricultural equipment.<ref>{{cite web|url=http://www.abc.net.au/rural/wa/content/2006/s1665046.htm|title=ABC News - Farmer woes as WesTrac closes its doors|year=2006|accessdate=8 August 2008}}</ref> Customers of Westrac were concerned that their warranties would not be honoured.
+In 2006, WesTrac closed its agricultural dealerships in Australia, resulting from a decision by Caterpillar to cease production of agricultural equipment.<ref>{{cite web|url=http://www.abc.net.au/rural/wa/content/2006/s1665046.htm|title=ABC News - Farmer woes as WesTrac closes its doors|website=[[Australian Broadcasting Corporation]] |year=2006|access-date=8 August 2008}}</ref> 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 Group Holdings|Seven Network Limited]], which is 70% owned by Kerry Stokes. On 30 August 2012, WesTrac officially opened its multimillion-dollar branch at Tomago, which is known as the Newcastle branch. In November 2013, WesTrac announced they would cut 630 jobs due to the a downturn in earnings.<ref>{{cite web|url=http://www.theaustralian.com.au/business/companies/westrac-swings-axe-as-earnings-fall/|title=Westrac swings axe as earnings fall|date=12 November 2013|accessdate=12 November 2013|work=The Australian|publisher=[[Fairfax Media]]}}</ref>
+On 22 February 2010, it was announced that WesTrac would merge with [[Seven West Media]] to form [[Seven Group Holdings|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.
 ==References==
@@ Line 67: / Line 71: @@
 {{Caterpillar}}
 [[Category:Companies based in Perth, Western Australia]]
 [[Category:Caterpillar Inc.]]
 [[Category:Seven Network]]
-{{Australia-company-stub}}