Company:Nortrax
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| Type | Public |
|---|---|
| Industry | New and Used Sales, Rental, Parts, and Service of Heavy equipment |
| Headquarters | Tampa, Florida, United States [1][2] |
| Products | Construction, Forestry, Mining, & Utility Equipment |
| Parent | John Deere |
| Website | http://nortrax.com/ |
NORTRAX, Inc. is an United States corporation headquartered in Tampa, Florida.[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, preventative 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
Formed in 1999 as a venture between John Deere and Credit Suisse Group, Nortrax purchased Neff Machinery, with seven Florida construction dealerships that year.[3]
Nortrax expanded through purchases of dealerships to strengthen its market position against competition from Caterpillar Inc.,[4] with a few hiccups along the way,[5] continuing through 2002.[6]
Since 2003 Deere and Company has owned a majority stake in the company.[7]
In 2005 Papé Machinery Inc. purchased the assets of the Western region of Nortrax, consisting of 8 locations in northern California and western Nevada.[8]
Formerly headquartered in Moline, Illinois,[9] in 2009 Nortrax opened its centralized shared services facility in Tampa, FL.[2]
January 2013, Nortrax celebrates grand opening of new 26,000-sq.-ft. facility in Miami, FL.[10]
In 2015, John Deere approved the sale of eight Nortrax locations in Tennessee and Kentucky to Meade Tractor.[11]
January 2016, Nortrax opens a new flagship location in Ottawa, ON.[12]
In November 2017, Nortrax sold seven locations in Florida to Dobbs Management Service.[13]
References
- ↑ 1.0 1.1 1.2 About Nortrax Nortrax.com. Retrieved August 2, 2010.
- ↑ "Neff Sells Dealerships To Deere, Credit Suisse". Rental Equipment Register. December 1, 1999. http://rermag.com/mag/equipment_neff_sells_dealerships/. Retrieved August 1, 2010.
- ↑ Arndorfer, James B. (November 20, 2000). "Deere hunts construction equipment dealerships". Chicago Business. Archived from the original on 2010-08-02. https://www.webcitation.org/5rfv9zjtP. Retrieved 2011-07-18.(Subscription content?)
- ↑ Arndorfer, James B. (February 5, 2001). "Deere halts dealer's push for marketshare". Chicago Business. Archived from the original on 2010-08-02. https://www.webcitation.org/5rfujix9R. Retrieved 2011-07-18.(Subscription content?)
- ↑ "AGGO CEO killed in crash ... (Business Notes)". Diesel Progress North American Edition. All Business. February 1, 2002. Archived from the original on 2007-10-28. https://web.archive.org/web/20071028063135/http://www.allbusiness.com/business-finance/leasing/126342-1.html. Retrieved 2011-07-18.
- ↑ Deere to buy remainder of Nortrax, Moline Dispatch and Rock Island Argus, December 15, 2003. Retrieved 09-03-2010.
- ↑ "Papé Machinery purchases assets of Nortrax West". Portland Business Journal. February 28, 2005. Archived from the original on 2008-08-21. https://web.archive.org/web/20080821000946/http://www.bizjournals.com/portland/stories/2005/02/28/daily9.html. Retrieved 2011-07-15.
- ↑ "Nortrax Corporate Info". BusinessWeek.com. Archived from the original on 2011-07-18. https://www.webcitation.org/60HiaxgIK. Retrieved 2011-07-18.
- ↑ "Nortrax Celebrates Grand Opening of New Miami Facility :: Story ID: 19865 :: Construction Equipment Guide". http://www.constructionequipmentguide.com/Nortrax-Celebrates-Grand-Opening-of-New-Miami-Facility/19865/.
- ↑ "Meade Tractor Acquires Eight Construction Dealerships :: Story ID: 25695 :: Construction Equipment Guide". http://www.constructionequipmentguide.com/Meade-Tractor-Acquires-Eight-Construction-Dealerships/25695/.
- ↑ "Nortrax Poised for Future Growth With New Facility in Ottawa, Ontario :: Story ID: 27237 :: Construction Equipment Guide". http://www.constructionequipmentguide.com/nortrax-poised-for-future-growth-with-new-facility-in-ottawa-ontario/27237.
- ↑ "Dobbs Management Service purchases seven Nortrax locations". https://www.equipmentjournal.com/construction-news/dobbs-management-service-purchases-seven-nortrax-locations/.
External links
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