Businessweek

Wajax Income Fund operates as a distributor and service support provider of mobile equipment, industrial components and power systems. The company has three distinct divisions, which operate through a network of 112 branches across Canada. The company’s customer base covers core sectors of the Canadian economy – mining, oil sands, oil and gas, forestry, construction, manufacturing, industrial processing, transportation and utilities. Mobile Equipment The company distributes, customizes and provides after-sales parts and service support of mobile equipment used in the construction, forestry, mining, oil sands, materials handling, transportation, oil and gas, manufacturing and utilities industries. Industrial Components The company distributes and provides service and repairs for bearings, power transmission parts, hydraulics, process equipment and automation technologies. Power Systems The company operates as Waterous Power Systems in western Canada (11 branches) and as DDACE Power Systems (8 branches) in eastern Canada. Both operating units distribute and provide parts and service support for diesel engines, transmissions, power generators, co-generation systems and complementary product lines, including the custom assembly of power generation sets and marine propulsion packages (eastern Canada). History Wajax Income Fund was founded in 1869.