Mantrac injects US$60m into economy

Business News of Friday, 27 January 2017

Source: thebftonline.com

2017-01-27

Emad Mantrac Ghana1Emad Adeeb, ?Managing Director at Mantrac Ghana Limited

Mantrac Ghana says it over US$60million investment injection over the last two years is aimed at boosting the company’s capabilities and structures. It is also targeted at expanding its business portfolio and to deepen customer service delivery in the country’s automobile industry.

The investment is directed at improving new facility at Tema Free Zones area, Kumasi new facility, Takoradi new facility, Accra facility, New CRC facility, Kumasi SOS laboratory and Takoradi Training Center.

Denise Johnson, Caterpillar Group President told business executives, directors from the Ministries, Members of American Chamber of Commerce, Diplomats, business leaders and customers of the company in Accra at a business networking event to officially celebrate the company’s 80th anniversary in Ghana.

“We see a lot of opportunities in the Ghanaian market.It’s worth mentioning that this visit is coming at the time of launching our 80th year anniversary of Mantrac Ghana’s dealership, making Mantrac Ghana Limited one of the oldest Dealers in the world outside USA,” she said.

Mantrac Ghana has evolved from Gold Coast Machinery and Trading (GCMT), a division of United Africa Company since 1937, to Tractor & Equipment (T & E) and finally to Mantrac Ghana Limited, part of the giant Mantrac Group since 1996.

Emad Adeeb, Managing Director of Mantrac Ghana explained that the company is hopefully of completing and commissioning various projects by close of this year and it is expected to offer over 100 workforce locally. About 300 staff are currently being contracted to work on the project.

This is the biggest investment undertaking by Mantrac in the country to support sectors namely mining, oil and gas, constructions, he said.

He added: “We have supplied and supported Caterpillar products in many sectors of the Ghanaian economy such as construction, mining, forestry, material handling and power generation.

“We are pound to say we are the leading suppliers of Mining and Construction Equipment in Ghana with ambitious plans to further develop our business to be the benchmark of Caterpillar Dealership on a global scale.”

Supporting the economy, Adeeb said that the company’s CSR support projects has invested over US$150,000 into ‘Right to Dreams Footballs Academy and School of which part of Caterpillars Technicians for Africa Project – Ghana Enrollment started December last year. Over 430 people have already been trained free of charge as Caterpillar technicians awaiting for Certification.

He indicated that in 2016 December the Airport Customs Division of the Ghana Revenue Authority awarded Mantrac Ghana as the “2nd Top Tax Payer” from Air Freights duties due to the constant demand for caterpillar spare parts for customers. The company paid over Ghc 43, 000, 000. 00 to the GRA as tax contribution.

Adeeb assured: “We want to use this occasion to assure the government, partners, business community and our cherished customers of our continuous support to be make sustainable progress possible through products and services. This is seen in our carefully selected and well-trained, multicultural team of over 600 professionals bent on making sure our customers are well supported with the best equipment as always.”

“Our carefully selected and well-trained, multicultural team of over 500 professionals, work through a network of four branches, located in Accra, Kumasi, Takoradi and Tarkwa.

“Our success is driven by our people and their unrelenting focus on delivering results the right way by operating responsibly, executing with excellence, applying innovative technologies and capturing new opportunities for profitable growth.

“Additionally the strategic location of our branch offices in Accra, Kumasi, Takoradi and Tarkwa gives us the opportunity to deliver unrivalled customer service to our clients across the length and breadth of Ghana.”

Mantrac Ghana currently provides the complete range of Caterpillar Construction Equipment and has a proven track record in supplying and supporting machines for major developmental and infrastructural projects. This includes General Contracting, Road Building, Land Reclamation, Quarries and Agricultural projects.

“We have a professional team of experts to help choose suitable products and systems for customers applications.

“Our product range includes but is not limited to Hydraulic Excavators,Motor Graders, Off Highway Trucks, Backhoe Loaders, Soil Compactors, Skid Steer Loaders, Articulated Dump Trucks, Track-Type Tractors, Pipe Layers, Scrapers, Wheel Loaders, Track Loaders, Asphalt Pavers and Asphalt Compactors.

“To keep your machine operating well, we offer diverse Equipment Management Solution (EMS) that insure maximum machine up time and enhanced productivity, giving you the chance to focus on driving your business forward.

“If you are looking to reduce capital outlay on equipment, you could consider buying from our large stock of used machines that have been carefully selected for their quality. All the used equipment sold by Mantrac is carefully checked over before sale by our service department to confirm its condition. This gives you peace of mind not available elsewhere in Ghana.

“For short term projects, our fleet of rental machines offers a practical solution at an affordable cost. Backed by highly skilled technical and service teams, we keep track of machine operations to ensure the delivery of high productivity to satisfy your expectations.

“If you need to move things around, we have a Material Handling Product to suit. We can meet most requirements for common warehousing applications with the three tonne, five tonne and 10 tonne diesel models, these are stocked in Ghana. Customers can also choose from a variety of diesel powered lift trucks or gas-powered models. For use in closed areas or for sensitive goods such as food stuffs, Mantrac can supply electric lift trucks, including both three and four-wheeled configurations.”

Mantrac Ghana Limited is the sole authorized Caterpillar Dealer in Ghana. Since the establishment of the company in 1937, Mantrac has supplied and supported Caterpillar products in many sectors of the Ghanaian economy such as construction, mining, forestry, material handling and power generation.

Mantrac Ghana Limited is part of the giant Mantrac Group which holds the Caterpillar dealerships in Egypt, Nigeria, Sierra Leone, Kenya, Tanzania, Uganda, Iraq and in the Western Siberia region of Russia. Being part of an international network gives a competitive edge in product delivery and service support.

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