Nortrax Explained

Nortrax
Type:Public
Parent:John Deere
Location:Mississauga, Ontario, Canada[1] [2]
Industry:New and Used Sales, Rental, Parts, and Service of Heavy equipment
Products:Construction, Forestry, Mining, & Utility Equipment
Homepage:http://nortrax.com/

NORTRAX, Inc. is an American corporation with headquarters in Mississauga, Ontario.,[1] [2] Laval, Quebec.[1] [2] and Westbrook, Maine.[1] [2] Nortrax is a subsidiary of machinery manufacturer John Deere.

Nortrax sells heavy equipment, such as bulldozers and backhoes, for the construction, mining, forestry, and utility industries. Nortrax offers specialized field services for the equipment, which includes 24-hour equipment fueling, daily maintenance, preventive maintenance, equipment inspections, and satellite support technology. The company is North America's main John Deere dealership group, extending across the eastern and central portions of the United States and Canada. Nortrax factory-trained technicians service all makes and models, with an extensive parts inventory.[1]

History

Nortrax expanded through purchases of dealerships to strengthen its market position against competition from Caterpillar Inc.,[3] with a few hiccups along the way,[4] continuing through 2002.[5]

Since 2003, Deere and Company has owned a majority stake in the company.[6]

In 2005, Papé Machinery Inc. purchased the assets of the Western region of Nortrax, consisting of 8 locations in northern California and western Nevada.[7]

Formerly headquartered in Moline, Illinois,[8] in 2009 Nortrax opened its centralized shared services facility in Tampa, FL.[2]

In January 2013, Nortrax celebrates grand opening of new 26,000-sq.-ft. facility in Miami, FL.[9]

In 2015, John Deere approved the sale of eight Nortrax locations in Tennessee and Kentucky to Meade Tractor.[10]

January 2016, Nortrax opened a new flagship location in Ottawa, ON.[11]

In November 2017, Nortrax sold seven locations in Florida to Dobbs Management Service.[12]

In October 2019, Nortrax Canada and Nortrax Quebec were sold to the Brandt Group of Companies.[13]

In October 2021, The remaining 9 Nortrax Inc. stores were sold to Fernandez Holdings under United Construction & Forestry.[14]

Notes and References

  1. http://nortrax.com/About-Us.aspx About Nortrax
  2. https://www.equipmentjournal.com/construction-news/dobbs-management-service-purchases-seven-nortrax-locations/|website = www.equipmentjournal.com/|access-date = 2017-11-20
  3. Web site: Deere hunts construction equipment dealerships. James B. . Arndorfer. November 20, 2000 . Chicago Business . https://archive.today/20240524235823/https://www.webcitation.org/5rfv9zjtP?url=http://www.chicagobusiness.com/apps/pbcs.dll/article%3FAID=9999100015425 . 2024-05-24. dead. 2011-07-18.
  4. Web site: Deere halts dealer's push for marketshare. James B. . Arndorfer . February 5, 2001 . Chicago Business . https://archive.today/20120730210516/http://www.chicagobusiness.com/apps/pbcs.dll/article?AID=9999100015851. 2012-07-30. dead. 2011-07-18.
  5. Web site: AGGO CEO killed in crash ... (Business Notes) . Diesel Progress North American Edition . All Business. February 1, 2002 . 2011-07-18 . https://web.archive.org/web/20071028063135/http://www.allbusiness.com/business-finance/leasing/126342-1.html. 2007-10-28.
  6. http://qconline.com/archives/qco/print_display.php?id=177625 Deere to buy the remainder of Nortrax
  7. News: Papé Machinery purchases assets of Nortrax West . Portland Business Journal. February 28, 2005 . 2011-07-15 . https://web.archive.org/web/20080821000946/http://www.bizjournals.com/portland/stories/2005/02/28/daily9.html . 2008-08-21.
  8. Web site: Nortrax Corporate Info. BusinessWeek.com. 2011-07-18 . https://web.archive.org/web/20121010014152/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4212133 . dead. 2012-10-10.
  9. Web site: Nortrax Celebrates Grand Opening of New Miami Facility :: Story ID: 19865 :: Construction Equipment Guide. www.constructionequipmentguide.com. 2016-01-29.
  10. Web site: Meade Tractor Acquires Eight Construction Dealerships :: Story ID: 25695 :: Construction Equipment Guide. www.constructionequipmentguide.com. 2016-01-29.
  11. Web site: Nortrax Poised for Future Growth With New Facility in Ottawa, Ontario :: Story ID: 27237 :: Construction Equipment Guide. www.constructionequipmentguide.com. 2016-01-29.
  12. Web site: Dobbs Management Service purchases seven Nortrax locations. www.equipmentjournal.com/. 2017-11-20.
  13. Web site: Brandt Brandt Completes Nortrax Acquisition. www.brandt.ca. 2019-12-13.
  14. Web site: Company Acquires Nortrax Inc., Schmidt Equipment Inc. to Become United Construction & Forestry. www.forestryequipmentguide.com. 2019-12-13.

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