Terex Trucks welcomes dealer inquiries for Ontario as part of Canadian expansion
After a quieter 2020, many sectors in Canada are preparing to ramp up operations. As the demand for heavy machinery is expected to increase, Terex Trucks plans to expand into Ontario and is looking for new dealers.
Ontario's economic activity is recovering and expected to grow by 4 percent this year. The construction sector in particular is seeing increased activity, and the pipeline is busy with large public sector infrastructure and commercial construction projects.
One of these major projects is the, which will see the construction of a new 15-kilometre line in Toronto. This is part of a bigger transit infrastructure project that will also include a three-stop subway expansion in Scarborough. In total, the province plans to spend $11.5 billion.
Expanding the dealer network
With many big projects planned, the construction equipment market in Canada is expected to grow at 2.4 percent until 2027, according to market research firm.
Terex Trucks wants to benefit from this opportunity and further strengthen its market presence in Canada byto reach more customers in new locations.
The Scottish articulated hauler manufacturer already has two dealers in Canada - Headwater Equipment in Alberta and RDM Equipment Sales and Rentals in British Columbia - and is now looking to bring its dump trucks, the TA300 and TA400, to customers in Ontario.
"Following the success we've been having with our dealers in Alberta and British Columbia, we're now welcoming dealer inquiries for Ontario," says Greg Gerbus, regional sales manager for Terex Trucks.
"This is a good time for us to expand our dealer network in Canada," adds Gerbus. "We're seeing an influx of funds into construction projects that will boost equipment sales. Our robust, high-quality haulers are well-suited to the Canadian market as they perform well in cold conditions and can handle rough terrain."
High performance in mining
Terex Trucks' durable articulated haulers are made for extreme environments and can be found in Canada's construction, agriculture and oil and gas sectors, as well as in mining. The TA300 and TA400 climb and descend slopes in mines with ease, due to a modulating transmission retarder that is coupled with an efficient exhaust brake and fully enclosed oil-cooled multidisc brakes.
In Ontario, mining is an especially important industry. The province has some of the largest reserves of minerals and is Canada's largest producer of gold, platinum group metals and nickel. These minerals are mined across 40 sites in Ontario, and the province is also a major producer of salt and structural minerals such as gypsum.
Currently, metal prices are high, which means the mining industry will play an important role in the country's economic rebound after COVID-19. One of the most significant projects is, located between Sudbury and Timmins. Construction started in September last year, and production is expected to commence in the second half of 2023.