Finning International Inc.

16830 - 107 Avenue
Edmonton, AB
CA, T5P 4C3

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Finning to acquire 4Refuel, the Canadian leader in mobile on-site refueling services

4Refuel pioneered mobile on-site refueling and has built an unmatched market presence across Canada, employing about 600 people and serving over 3,400 customers.

Finning International Inc. has reached an agreement to acquire 100 percent of 4Refuel Canada and 4Refuel US for approximately $260 million. In 2018, 4Refuel is expected to generate net revenue of approximately $110 million and EBITDA of $33.5 million. Greater than 95 percent of 4Refuel's profitability is generated in Canada.

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Earthmoving
Mining

Cat large dozers reach milestone with 40,000th machine

The 40,000th large dozer from Cat is a D11T that will be put to work in southeastern B.C.

The legacy of the Cat large dozer began a little more than 40 years ago with a revolutionary elevated drive sprocket and new undercarriage design that looked unlike any dozer of its day. The groundbreaking suspended undercarriage with high drive design conformed to the ground better than standard oval tracks, helping to improve machine traction, extend undercarriage life and enhance operator comfort. 

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Finning announces leadership changes in Canada and internationally

Kevin Parkes

Finning International Inc. announced that Juan Carlos Villegas, President of Finning Canada and Chief Operating Officer of Finning International, will retire on December 31, 2018 following a distinguished career with the company. Kevin Parkes, currently Managing Director of Finning UK and Ireland, will assume the role of President of Finning Canada.  Assuming the role of Managing Director of Finning UK and Ireland will be David Primrose, currently Finning Canada's Executive Vice President of Core Industries. Kevin and David will assume their positions on January 1, 2019 and will report to Finning International's President and Chief Executive Officer, Scott Thomson.

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Finning announces Board Chair succession and Board appointment

Finning announces Board Chair succession and Board appointment

Finning International Inc. has announced that as part of ongoing board renewal Mr. Doug Whitehead will step down as Chairman of the Board at the Company's Annual General Meeting (AGM) on May 4, 2016. Mr. Whitehead, who has been Chairman of the Board since 2008 and a member of the Board since 1999, will remain on the Board of Directors, subject to his re-election to the Board at the AGM. Mr. Mike Wilson will succeed Mr. Whitehead as Chairman of the Board of Directors on May 4, 2016, also subject to his re-election to the Board. Mr. Wilson joined Finning's Board of Directors in January 2013 bringing decades of executive leadership experience, most recently as CEO of Agrium.

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Finning to Host First Cat Auction Services Live Public Unreserved Auction in Edmonton on October 21

IronPlanet and Finning International Inc. have announced that Finning has agreed to jointly market used heavy equipment through Cat Auction Services, IronPlanet’s unreserved auction marketplace. Finning will be hosting IronPlanet’s first Canadian Cat Auction Services live unreserved public auction on Wednesday, October 21, 2015, in Edmonton, Alberta.

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