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Headquarters: Lachine, QC, Canada
2016 Revenues: $378.8 million
Change in Sales from 2015: -4%
2016 Acquisitions: Wilson Machine Co. Ltd
Key Executives: Mark Foote, president & CEO; Darren Yaworsky, CFO & senior vice president
Wajax is a multiline distributor with a diverse customer base that includes natural resources, construction, transportation, manufacturing, industrial processing and utilities.
Results in 2016 reflected ongoing challenges in Western Canada, driven by declines in the natural resource and energy markets. Wajax saw a compounded annual growth rate of 13.6 percent for that geography, as opposed to 3.6 percent and 2.5 percent in the Central and East regions, respectively.