Plant Equipment and Hire November 2017 | Page 3

COMMENT Local is lekker L ocalisation is a buzzword at the moment, with more companies, both local and international, looking to increase their local footprint and reinforce their commitment to the South African economy. At a time when the news is crawling with the Guptas and their various dealings, as well as those of their erstwhile PR agency, it is refreshing to see companies willing to invest in the future of our country. Two of the bigger international companies that have renewed their South African investment are Caterpillar and Sandvik. The former recently held the official inauguration of its first African distribution centre in Kempton Park, close to Johannesburg, while Sandvik launched its local manufacturing facility in Jet Park. In addition to being the company’s first distribution centre on the African continent, Caterpillar’s facility is also the first to operate under a co- location arrangement with its southern African dealers — Barloworld Equipment — leasing 3 500m 2 of space for its direct-to-customer retail parts centre, ensuring the lowest possible turnaround time for its regional customers. In addition to opening its first local manufacturing facility, engineering giant Sandvik launched its low- profile LH115L loader, designed in conjunction with the company’s South African customers specifically for our sometimes difficult mining conditions. Not only is this machine designed for harsh African operating conditions and manufactured in South Africa, it also has close to 70% local content, sourced from local suppliers — another illustration of international companies’ commitment to South Africa despite everything else going on in the news, from the mining charter to the Gupta saga. But it is not only new investment and facilities that illustrate South Africa’s potential. This year, Metso is celebrating 60 years since its Vereeniging operations were established in 1957. In the intervening decades, the company’s operations in South Africa have expanded, and today it employs over 290 people at its Vereeniging facility and over 800 countrywide. This year also marks the 90th anniversary of the partnership between Caterpillar and South African company Barloworld Equipment. In the decades since ‘Punch’ Barlow signed up to be the Caterpillar distributor in South Africa, the company has grown from a small family operation to an international behemoth, serving 11 southern African countries as well as Iberia, Siberia, and the Russian Far East, and has also expanded its scope of operations. The long-term investments of these and other companies present a foundation for future growth and investment, and with South Africa stepping up to the plate, we have the potential to build a truly prosperous and sustainable future. n Robyn Grimsley – Editor Plant Equipment & Hire www.equipmentandhire.co.za NOVEMBER 2017 1