Canada

Finning and T-Mar Industries sign partnership agreement

Finning Canada, a division of Finning International Inc.(TSX: FTT), has become the exclusive dealer for T-Mar Industries Ltd. Log-Champ brand of swing yarders and cable assist systems in western Canada.

This agreement expands Finning Canada’s forest product market offerings to include Log-Champ cable assist machines and swing yarders for steep-slope harvesting. Customers will benefit from the convenience of one-source for world-class forestry product support, service, parts and equipment. Steep-slope harvesting in British Columbia (B.C.) is expected to grow in the next ten years, which could mean a significant increase in market opportunity for these products in the southern interior and coastal regions of B.C.

These products represent years of development and testing in the centre of North American steep-slope logging country. T-Mar’s Log-Champ traction assist vehicles and swing yarders have been built and developed in B.C. to the highest engineering specifications. The Log-Champ swing yarders represent the first modernization of the machine in a generation. These machines, when operating in conjunction with a mechanical harvesting system, can substantially increase productivity over traditional hand-felled operations.

“We are delighted to be the exclusive dealer for T-Mar Industries’ Log-Champ cable assist machines and swing yarders in western Canada,” said David Primrose, Finning Canada executive vice president, core industries. “This partnership allows us to provide a complete package to our forestry customers. We can now combine our world-class Cat Harvest & Felling equipment with an industry-leading cable assist machine and swing yarders to provide customers with increased safety, efficiencies and gains in productivity.”

“We are very excited about this new partnership with Finning Canada,” said George Lambert, president, T-Mar Industries. “This partnership combines the best aspects of both companies and ensures our customers have local access to first class sales, parts and service across western Canada. Customers now have an excellent source for all of their steep-slope logging needs.”

This partnership is a natural fit given T-Mar is the only Canadian producer and designer of cable assist systems and both the Log-Champ cable assist and swing yarders utilize a significant number of Cat components including the engine, transmission, track frames and undercarriage.

About Finning Canada

Finning (Canada) is a division of Finning International Inc., the world’s largest Caterpillar equipment dealer. Headquartered in Edmonton, Alberta, Finning (Canada) sells, rents and provides customer support services for Caterpillar equipment and engines in British Columbia, Yukon, Alberta, Saskatchewan, the Northwest Territories and a portion of Nunavut. They serve a diverse range of industrial markets, including mining, forestry, construction, pipeline/oil field construction, agriculture, government sector, marine, transportation, fisheries, and the commercial transport industry.

About T-Mar Industries

Leaders in industrial design, equipment manufacturing and re-life,T-Mar Industries Ltd. combines machining, fabrication, heavy duty mechanical and engineering under one roof to provide a one-stop shop for your industrial equipment needs. Located in Campbell River on Vancouver Island, B.C., T-Mar has been serving the forestry, hydroelectric and mining industries since 1984.

For more information on Log-Champ yarders and cable assist vehicles visit: http://www.tmarequipment.com/yarders/log-champ-550/

For more information on T-Mar Industries visit: www.tmarequipment.com

Media inquiries:

Kelly Vail, Finning Canada
kelly.vail@finning.com
Office: 780-443-7183
Cell: 587-987-8693