Finning International Inc - Company Profile
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Finning International Inc (Finning) specializes in the sale, rental, and servicing of Caterpillar Inc equipment and engines. The company's primary business involves providing parts, services, and performance solutions for Caterpillar products, along with complementary equipment. Finning also offers remanufacturing and component exchange services through its subsidiary, OEM Remanufacturing Company Inc. The company serves customers in diverse markets such as mining, construction, power generation, and forestry, providing solutions for equipment performance needs throughout the equipment's lifecycle. Finning operates through a network of branch locations, field representatives, and customer sites, distributing parts and new equipment sourced from Caterpillar manufacturing facilities worldwide. The company has a significant presence in Western and Northern Canada, the United Kingdom, the Republic of Ireland, and the Southern Cone of South America, including Chile, Argentina, and Bolivia. Finning is headquartered in Surrey, British Columbia, Canada.
Finning International Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Caterpillar | Rental Services | Cubiq |
| Tractors | Repair Services | CAT |
| Dozers | Fluid Analysis | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In June, the company sold a 100% stake in its mobile on-site refueling business to affiliates of HIG Capital. |
| 2024 | Contracts/Agreements | In January, the company partnered with Tahltan Nation Development Corporation to unveil Mobile Training Centre. |
| 2023 | Contracts/Agreements | In July, the company entered into an agreement with Thermal Intelligence to offer greener jobsite solutions. |
Competitor Comparison
| Key Parameters | Finning International Inc | United Rentals Inc | Marmon Holdings Inc | AGCO Corp | Toromont Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | United States of America | United States of America | Canada |
| City | Surrey | Stamford | Chicago | Duluth | Concord |
| State/Province | British Columbia | Connecticut | Illinois | Georgia | Ontario |
| No. of Employees | 15,047 | 28,500 | 30,000 | 22,000 | 7,300 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kevin Parkes | Chief Executive Officer; President | Senior Management | 2022 | - |
| David Primrose | Chief Financial Officer; Executive Vice President | Senior Management | 2025 | - |
| Neal Lamont | Chief Technology Officer; Executive Vice President | Senior Management | 2026 | - |
| Juan Pablo Amar | President | Senior Management | 2020 | - |
| Tim Ferwerda | President | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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