As an important strategic support partner, Wajax Industrial Components helps industrial leaders from coast-to-coast meet their economic and technological challenges. With our national infrastructure, we also support our customers by helping them stay competitive on a local, national and global basis. We offer them a large variety of products and value-added services.
Wajax Corporation is one of the oldest businesses in Canada and has played an active role in the development of the country’s infrastructure. Wajax recently celebrated its 150th anniversary.
In 1954, Wajax acquired its first mobile equipment subsidiary. From that point onward, until diversification strategies were conceived and developed in the late 1960s and thereafter, the primary focus of the business became the selling and servicing of mobile equipment. Significant diversifications occurred in 1968 and 1978, respectively, when the first power systems and industrial component businesses were acquired.
Wajax grew substantially through 23 acquisitions in the mid-1990s; revenues increased from approximately $250 million to over $1 billion.