Finning Awarded $190 Million Contract from Chile Mining Firm

Finning International’s South American operation has been awarded a contract valued at U.S. $190 million with Codelco, Chile’s state-owned copper mining company. Under the contract, Finning will supply 10 Caterpillar 797F trucks to Codelco’s Ministro Hales mine in Calama, Chile.

Finning will begin delivering the equipment in 2013. Also, Finning has been awarded a 10-year maintenance services contract for the trucks, which will complement Ministro Hales’ existing Caterpillar fleet.

“The mining sector continues to represent a great long-term opportunity for Finning,” said Marcello Marchese, president of Finning South America.

Finning International is the world’s largest Caterpillar equipment dealer, operating in Western Canada, Chile, Argentina, Bolivia, Uruguay, the United Kingdom and Ireland.