CAPITAL EQUIPMENT NOV 2018

CONSTRUCTION NEWS

Cat Financial establishes Johannesburg office

Caterpillar Financial and Barloworld Equipment executives at the launch of CFS SA’s Johannesburg office.

Cat Financial, a wholly-owned subsidiary of Caterpillar Inc., recently established its newest legal entity to support customers in South Africa. The company celebrated the opening of its finance office in Johannesburg on October 19, 2018. Caterpillar Financial Services South Africa (Pty) Ltd (“CFS SA”) established its presence on July 2, 2018 and has been ramping up to full business operations. The office is located in the Caterpillar Johannesburg Distribution Centre, the company’s after- market parts distribution facility for the region serving southern Africa. The facility also houses teams from the local Caterpillar

district office and global mining. “The presence of a Cat Financial office in Johannesburg not only helps facilitate Caterpillar growth in an emerging market, but also further supports business devel- opment in South Africa, where Caterpillar has had a presence since 1927,” says Dave Brooks, MD of Caterpillar Financial Services South Africa. “Our new subsidiary will broaden customer access to our Cat machinery and equipment, furthering our support for emerg- ing contractors and black industrialists as they compete and succeed. We look forward to working closely with South African customers and the independent Cat dealer

Barloworld Equipment, providing a full array of finance products and tools to help them succeed in this market.” “The shift from large construction houses to small and medium size enterprises in the region has made deal finance a key customer requirement. The emerging customer does not always have the funds to close a deal and in most cases, has a limited track record and balance sheet to easily secure funding,” says Emmy Leeka, CEO of Barloworld Equipment southern Africa. “We, therefore, welcome the broad spectrum of financial support that Cat Financial will enable us to offer our existing and new customers.” b dens and estates; custom designed drainage systems for sports fields and building sites; building of natural working routes, wooden paths and decks; as well as construction of gabion walls. Traditionally, landscaping is renowned for being manual labour intensive, but the recent arrival of compact equipment has changed the status quo. For this reason, when the Kubota U15-3 was launched locally this year, Jean Joubert of Wynland Agri Services knew that with its compact size and power, it would be a perfect fit for CSA Landscaping’s needs. “Because of the machine’s versatility, great power and functions like adjustable tracks, I knew that the U15-3 would be the ideal tool for CSA,” says Joubert. Paarl-based CSA Landscaping & Contractors recently purchased one of the first Kubota U15-3 mini-excavators to be sold in the Western Cape.

Kubota U15-3 punches above its weight for CSA Landscaping

CSA Landscaping & Contractors recently became one of the first companies to take delivery of one of the two Kubota U-15 mini-excavators sold by Wynland Agri Services, Smith Power Equipment’s authorised distributor in the Western Cape territory of Paarl, Wemmershoek, Pniel,

Stellenbosch, Klipheuwel, Malmesburry, Hermon and Wellington. Established in 2008, CSA Landscaping is a well-known contractor for landscape archi- tects, developers and individual property owners in the Paarl area. The company spe- cialises in the maintenance of corporate gar-

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