Acquisition continues the expansion of H-E Parts International full service aftermarket portfolio
ATLANTA, GEORGIA, USA – May 18, 2016 – H-E Parts International, a global leader in the manufacturing, servicing and marketing of aftermarket parts and components for mining, crushing and heavy construction equipment, announces the acquisition of Brisbane, Australia – based COR Cooling Pty. Ltd., Australia’s leading independent radiator remanufacturer. COR maintains a network of five branches strategically located throughout Australia’s major mining regions. With state-of-the-art facilities and processes, COR Cooling adds critical expertise, technologies and services to H-E Parts global aftermarket parts and support offering.
“COR Cooling further expands our truck and dozer fleet offerings in Australia and is a natural fit with our existing product lines.” says Steve McBrayer, CEO of H-E Parts. “COR Cooling shares our commitment to quality and customer service and we are thrilled to add them to the H-E Parts family. We believe that the combination of H-E Parts and COR Cooling will resonate with our customers”
Ian Olivieri, COO Australia for H-E Parts, says, “The addition of COR Cooling and their expertise in heat exchanger technology fits perfectly with our strategy of being able to offer a wider range of component rebuilds to the mining industry. In conjunction with our existing drive line, suspension and wheel end capabilities, we are continuing to expand our range of services and anticipate further announcements in the near future. We look forward to working with the COR Cooling team and further enhancing the products and services on offer.”
COR Cooling CEO, Warren Arthur said, “We are very pleased to be part of the HE Parts group in Australia. COR Cooling is a natural fit with HE Parts and we have many synergies that will provide opportunities to further strengthen our market positioning and deliver increased value for customers. COR’s unique range of products, services and capabilities will add value to HE Parts impressive network of capabilities, whilst we will continue to lead the way in heat exchanger technology.”
About H-E Parts International
H-E Parts International has grown to become the largest independent global supplier of aftermarket parts, components and solutions for the mining, heavy construction and energy sectors. H-E Parts is the result of the combination of several highly successful and complementary aftermarket parts and service companies, able to leverage each other’s technologies and customers on a global basis.
About COR Cooling Pty. Ltd.
COR Cooling remanufactures and repairs large capacity radiators used in mobile mining fleets and other industrial applications. COR Cooling utilizes state of the art technology throughout its five-branch network. The company is staffed by a team of highly trained technicians.
Media and industry inquiries regarding the acquisition of COR Cooling Pty. Ltd. should be directed to James Burris at james.burris@lichthaus.media.
Market leading industrial cooling and heat exchange solutions supplier COR Cooling is relocating its New South Wales based operations to Rutherford during June/July 2015.
COR’s current operations located in Thornton and Singleton in the Hunter Valley will be consolidated into a single, larger and more efficient hub central to both operations. This will provide a more consolidated range of services to COR’s valued customers in the Hunter Valley Region and broader NSW market.
COR Cooling’s CEO, Warren Arthur said, “Relocating to a new larger facility will enable us to provide increased capabilities, better use of our resources and enhance the level of service we can provide to our valued customers in the region.”
“Bringing our two locations together in the Hunter Valley makes sense and will allow us to provide greater value by combining all our resources in the one location and those benefits can be passed onto our customers in terms of savings, response times and efficiencies”
“Our new Rutherford facility is easily accessible in an industrial park with wide roads and excellent delivery capacity for large trucks. It has a fully equipped modern workshop including a 10 tonne overhead crane with larger hard stand areas and wash bays that will provide improved equipment handling and it will further enhance our commitment to quality and safety, said Mr Arthur.”
COR Cooling’s new Rutherford facility is located at 15 Bradmill Avenue, Rutherford, NSW.
If you have any enquiries regarding this announcement, please contact Warren Arthur on 07 3390 8190
As a national service and solutions provider of industrial cooling and heat transfer equipment, COR Cooling is a market leader working closely with some of the world’s largest companies in the mining, marine, transport and associated industries. For more information visit www.corcooling.com.au.
COR Colling’s new facility in Rutherford
Please view the first issue of the Austin Engineering Group Magazine to read the articles about COR Cooling and more.Download the magazine here
We have released a new Whitepaper revealing the cooling system solution for mining machinery.
Please download the newspaper here
We have released a new Whitepaper revealing the cooling system solution for off-road equipment with tier 3 and 4 motors which keep overheating.
Download the Whitepaper to read more
I am very pleased to announce that COR Cooling has now received full certification for ISO accreditation in Quality, Safety and Environmental Management Systems in:
• ISO 9001:2008 Quality Management Systems
• ISO 14001 : 2004 Environmental Management Systems
• BS OHSAS 18001 : 2007 & AS/NZS 4801 : 2001 Health and Safety Management Systems
This is in recognition of the high standards COR Cooling has attained and maintained throughout its operational management systems nationally.
COR has always been the leader in its field and is widely recognised as the only truly national service provider of its unique range of cooling and heat transfer products and services to the industrial market sectors. The ISO accreditation for Quality, Safety and Environmental Management Systems makes COR the only national service provider of its kind with these certifications, and we are very proud to have achieved this.
This accreditation proves that we take great pride in the quality of our workmanship, safety is our highest priority, and we have a strong desire to protect the environment through our work processes. You can now be even more confident in COR Cooling as your company of choice.
Warren Arthur
CEO
COR Cooling
Click here to download our Dura-Lite® case study
CASE STUDY
Reduced Fuel Consumption with Dura-Lite® CACs
North QLD Based Transport Company, 2013
PROBLEM
A leading North QLD logistic services provider were experiencing cracking and consequent leaking from their tube-to-header charge air coolers (CACs) installed in their trucks.
In addition, they had an issue with cracking on their relatively light duty manifold tanks. These problems were affecting the company’s ability to reliably provide a required 24/7 service to their customers.
SOLUTION
Traditional bonded tube-to-header CACs have known issues of cracking and leakage, due in combination to the vibration and fatigue that they undergo as a result of the extreme temperature gradients they are subject to during normal operation.
After conducting a system evaluation, COR Cooling supplied a Dura-Lite® Charge Air Cooler to replace the CAC that had failed. Dura-Lite® CAC’s innovative patented silicon grommet tube-to-header seal system eliminates failure due to cracking and leaking, and is guaranteed to be leak free for 5 years or 1,000,000 kilometres.
The installation of the Dura-Lite® CAC resulted in reduced repair and maintenance costs for the truck’s operation and less downtime causing negative impacts on customer service.
In addition, when undertaking post-installation monitoring, the fuel consumption of the truck (same truck, same driver, same route) was reported to show increased efficiency with the Dura-Lite® CAC installed. The fuel economy improved from 1.72 km/litre to 1.83 km/litre resulting in a payback period of only 22,000km.
Well, what a busy year it’s been, they just keep getting faster. One minute we are setting the goals for the year and the next thing we know we are setting the table for Christmas. Most people will be looking forward to a well-earned rest over Christmas and to spend time with family and friends and ponder what 2014 will bring. In 2013 we have seen quite a different landscape in the economy especially in the mining sector due to lower commodity prices and softer trading demand from China which led to the need of higher productivity and lower cost structures in Australian mining operations. We also saw a drawn out federal election year and this all combined to build uncertainty in business and investment.
At COR, we tried to ignore most of this and focused our attention on the real issues and what we could control and we simply rolled up our sleeves and got on with it. Our attention was on our customers, their needs and how well we were connecting with them. Although we have been operating in some of the worst trading conditions ever, and still are, we continue to get stronger as a group by working closely with our customers and delivering greater value for their operational needs.
In 2013 we have achieved a great deal and our plans for 2014 are no different with many exciting initiatives already well under way. Here is snap shot of 2013.
• Zero Lost Time Injuries since February across the group.
• Re-structured COR Cooling to a decentralised and more pro- active service provider at state branch locations.
• Fully integrated “One Team” of all COR branches as a group.
• Rebranding the name COR which now has the added meaning – “Creating Optimum Reliability”
• Relocation to new modern premises for Perth and Newcastle branches.
• A new look and modern web site featuring COR capabilities and market sectors with social media.
• Brisbane branch being awarded authorised ZF Service Partner for South East Qld.
• Securing RIO as a new strategic customer in the Hunter Valley.
Plans are well under way for 2014 with ISO Accreditation in Safety and Quality Systems expected to be in place for all branches by March. We are in advanced discussions with a number of major national companies for service and supply contract agreements. Further growth opportunities exist where we can extend our range of high quality products and services to meet market needs in additional locations. Keep an eye out for COR Cooling in the Qantas Link “Spirit Magazine” found on all Qantas regional flights in Australia throughout the summer. We have forged closer and stronger relationships with many of our key customers and key suppliers and this will continue to be our focus in 2014.
On behalf of all the team at COR, I would like to take this opportunity to thank all our valued customers and suppliers for their ongoing support and we wish everyone a very Merry Christmas and a Safe, Healthy and Prosperous New Year in 2014.
Please see our website www.corcooling.com.au for contact details along with Christmas shut down details for each branch.
Kind regards,
Warren Arthur
CEO