Finning awarded $96 million equipment deal with Hargreaves Service

Finning International Inc is pleased to announce that its U.K. and Ireland division has secured a seven-year mining equipment and service contract with Hargreaves Services for a total value of approximately $96 million Cdn. Under this contract,...

Finning International Inc is pleased to announce that its U.K. and Ireland division has secured a seven-year mining equipment and service contract with Hargreaves Services for a total value of approximately $96 million Cdn.

Under this contract, Finning will supply Hargreaves with a new fleet of Caterpillar equipment including four new Cat 6030 hydraulic excavators and nineteen 777 off-highway trucks for use at the Tower Colliery open cast mine site in Hirwaun, Rhondda Cynon Taff, South Wales. The equipment is scheduled to be delivered during 2012.

This is Finning's first shovel deal following the January 18, 2012, announcement that Finning will acquire from Caterpillar the distribution and support business formerly operated by Bucyrus in portions of South America and Western Canada and in the U.K.

Finning International Inc. is the world's largest Caterpillar equipment dealer delivering unrivalled service to customers since 1933. Finning sells, rents and services equipment and engines to help customers maximize productivity. Headquartered in Vancouver, B.C., the Company operates in Western Canada, Chile, Argentina, Bolivia, Uruguay, as well as in the United Kingdom and Ireland.

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