Wajax Industrial Components, a division of Wajax Corp., has formed a strategic alliance with Kaman Industrial Technologies Corp., strengthening the services offered to customers that have business assets in the United States, Canada, Mexico and Puerto Rico. While WIC and Kaman will remain separate and independent entities, they will join forces to compete for business-to-business and supply agreements with customers in multiple jurisdictions. The alliance will operate as Sourcepoint Industrial.
“We’re expecting more and more customers to make purchasing decisions on a global or international basis,” said Mark Foote, Wajax Corp. president and CEO. “Whereas Wajax is very good at satisfying a customer’s Canadian needs, and Kaman is very good at satisfying a customer’s U.S. needs, on our own, we each have a limited ability to cover a customer’s needs across both countries. This alliance will provide customers with a viable option that has unique strengths on either side of the border.”
“Historically, North American customers have had a limited choice for suppliers of their power-transmission and motion-control products,” added Steve Smidler, Kaman president. “This alliance gives customers an alternative, and an opportunity to benefit from both companies’ value propositions.”
Wajax Industrial Components, a wholly owned division of Wajax Corp., operates 65 branches and 13 certified service and repair centers across Canada. Wajax Corp. is a leading Canadian distributor and service support provider, and a major player in equipment rental, No. 48 on the RER 100. Kaman Industrial Technologies Corp. is based in Bloomfield, Conn., and is a distributor of industrial parts with more than 200 customer service centers in the United States, Mexico and Puerto Rico.