Wajax, Kaman Industrial form strategic alliance
Industrial components distributors join forces to provide alternative to country-based supply agreements.
TORONTO—Wajax Industrial Components (WIC), a division of Wajax Corp. and Kaman Industrial Technologies Corp. have formed a strategic alliance to strengthen services offered to customers that have business assets in the US, Canada, Mexico and Puerto Rico.
Each WIC and Kaman will remain separate and independent entities, but they will join forces to compete for business-to-business and supply agreements with customers in multiple jurisdictions, providing an alternative to country-based supply agreements. The alliance will operate under the name Sourcepoint Industrial.
Wajax Corp. is a Canadian distributor and service support provider of mobile equipment, power systems and industrial components. It has three core business that operate across the country through a network of 126 branches. It supplies customers in the manufacturing, natural resources, construction, transportation, industrial processing and utilities sectors.
Wajax Industrial Components, a wholly-owned division of Wajax Corp., operates a total of 65 branches and 13 certified service and repair centers across Canada.
Kaman Industrial Technologies distributes industrial parts, and operates more than 200 customer service centers, 18 fabrication and assembly shops as well as five distribution centers across the US, Mexico and Puerto Rico.