VANCOUVER, BC, CANADA (April 15, 2014) — Wenco International Mining Systems Ltd., is pleased to announce the acquisition of Automated Positioning Systems (APS), a supplier of GNSS solutions for mining, earthmoving and land rehabilitation sectors. Since its founding in 2003, APS has provided innovative solutions aimed at increasing machine utilization, efficiency and safety at mines and quarries.
The acquisition brings together APS's proficiency in independent machine guidance and contractor-type fleet management, with Wenco's established Fleet Management System and expertise in production optimization, asset health, safety and systems connectivity for medium- to large-scale mining operations. This newly combined product alignment delivers a scalable solution for any size or type of mine and quarry worldwide. The former headquarters and staff of APS in Brisbane, Australia will now be a branch office operation of Wenco International to service that global region and continue product development.
"This is an important strategic step in Wenco's growth by strengthening our machine guidance product offering, and along with a strong sales and support force out of a Brisbane office, this will greatly support our future growth in the Asia-Pac region and elsewhere," said Phil Walshe, President & CEO of Wenco. "APS has also made significant advancements in the USA. Combine that with Wenco's success in Canada, Africa, India, Russia and other regions worldwide and we now have the product range, sales and support network to increase Wenco's market penetration significantly."
This acquisition brings additional value to the customers of Wenco and APS. Existing Wenco customers can benefit from the immediate availability of a proven high precision drill navigation system, and the additional expertise to ensure product enhancement and technical support. APS customers will benefit from the 25+ years of experience and product development that Wenco provides. Also, as a subsidiary company of Hitachi Construction Machinery (HCM), Wenco can leverage HCM's capabilities and resources. HCM owns over 60 subsidiary companies and distributorships worldwide and has an ongoing autonomous mining truck project, a strong R&D program and global brand recognition for quality products and services.
VP Sales and Marketing