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| Company type | Public (TSX: FTT) |
|---|---|
| Industry | Industrial Equipment Wholesale |
| Founded | Vancouver,British Columbia (1933)[1] |
| Headquarters | Vancouver,British Columbia |
Area served | Argentina Bolivia Canada (British Columbia, Alberta, Saskatchewan, Yukon, Northwest Territories) Chile Ireland United Kingdom |
Key people | Kevin Parkes,President &CEO |
| Products | Industrial productsdistribution &support services |
| Revenue |  $11.13 billionCAN (2024)[2] |
Number of employees | 13,975 (2023) |
| Website | finning.com |
Finning is a Canadian industrial equipment dealer specializing inCaterpillar products. It is responsible for selling, renting and providing parts and service for equipment and engines to customers in industries including mining, construction, petroleum, forestry and a wide range of power systems applications. According to the company, it is the largest Caterpillar dealer in the world.[3]
Finning employs more than 13,000 people worldwide and operates in three geographies (Western Canada, South America, and UK and Ireland), with its head office inVancouver, British Columbia, Canada.
InWestern Canada, Finning provides product support services acrossBritish Columbia,Yukon,Alberta,Saskatchewan, theNorthwest Territories, and a portion ofNunavut. The regional head office is inEdmonton, Alberta.
Finning (FINSA) inSouth America, Finning’s regional head office is located inSantiago, Chile, and product support services are provided acrossChile,Argentina andBolivia.
Finning (FINUKI) in theUnited Kingdom and Ireland, Finning’s regional head office is inCannock, UK, and product support services are provided across the two countries.[1]
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Earl B. Finning started the Finning business in 1933 in western Canada. The business expanded, and by 1965, the company had more than one thousand employees and annual revenues of up to $78 million. In 1969, Finning went public, with its common shares trading on the Vancouver and Toronto stock exchanges under the symbol FTT. Finning remains one of only a handful of publicly traded Caterpillar dealers. In 1983, Finning acquired the right to represent Caterpillar in westernEngland,Wales andScotland. Then in 1989, Finning expanded into Alberta and the Northwest Territories.
By 2003, Finning was operating as the sole dealer of Caterpillar equipment in England, Scotland, Wales, as well as in Chile, Argentina and Bolivia. In 2004, Finning invested in OEM Remanufacturing, a component rebuild facility in Edmonton, Alberta. Finning was appointed dealer in Northern Ireland and the Republic of Ireland in 2010. In 2015 Finning expanded to Saskatchewan, acquiring Regina based Kramer Caterpillar for $230 million CAD.[4][5]
Today, Finning operates in six countries, with annual revenues of $6.2 billion (2017), and is the largest Caterpillar dealer in the world.[3]