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Finning International Inc T.FTT

Alternate Symbol(s):  FINGF

Finning International Inc. is a Canada-based caterpillar dealer. The Company provides caterpillar equipment, parts, services, and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom, and Ireland. The Company’s segments include Canada, South America, UK & Ireland, and Other. It sells, rents and provides parts and services for equipment and engines to customers in various industries, including mining, construction, petroleum, forestry and a wide range of power systems applications. With its inventory of new, used, and rental equipment, it can deliver the solution to meet client’s needs. Its products include Excavators, Dozers, Skid Steers and Compact Track Loaders, Articulated Trucks, Wheel Loaders, Motor Graders, and others. It provides rental solutions for all client’s construction, landscaping and snow removal needs at daily, weekly and long-term rates. Its services include fuel solutions, rebuilds, rentals, repair services and others.


TSX:FTT - Post by User

Bullboard Posts
Post by Georgia_Straighton Jun 11, 2001 10:48am
36 Views
Post# 3856146

Hot off the wire

Hot off the wireFinning International Inc. Continues Expansion in the U.K. Plant Hire Market 6/11/01 FINNING INTERNATIONAL INC ("FTT-T") - Continues Expansion in the U.K. Plant Hire Market Finning International Inc. ("Finning") announces that, through its U.K. subsidiary Hewden Stuart ("Hewden"), it has acquired the materials handling equipment of Maxxiom Limited, consisting of 640 units. This strategic move expands Hewden's fleet of this type of equipment (telescopic handlers and rough terrain forklifts) to 2,200 units, and further consolidates Hewden's position as one of the leading plant hire companies in the U.K. The acquisition will be immediately earnings accretive. Finning purchased Hewden earlier this year for C$729 million, making Finning the leading equipment distributor in the U.K. with 400 outlets, 5,700 employees, and combined revenues of C$310 million in the first quarter of 2001. Finning International Inc. sells, rents, finances and provides customer support services for Caterpillar and complementary equipment in Western Canada, the U.K. and Chile. The corporation's Head Office is located in Vancouver, B.C., Canada. Finning International Inc. (www.finning.com) is a widely held, publicly traded corporation, listed on the Toronto Stock Exchange (symbol FTT). TEL: (604) 331-4937 Finning International Inc. FAX: (604) 331-4899 Anthony R. Guglielmin, Vice President and Corporate Treasurer Email: aguglielmin@finning.ca Website: www.finning.com ______________________________________ ___________________________________________________________________ (c) Market News Publishing Inc. Tel:(604) 689-1101 All rights reserved. Fax:(604) 689-1106 MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.
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