COMPANY PROFILE William Adams is the sole Caterpillar dealer for Victoria and Tasmania, with eleven branch operations in Victoria and three branches in Tasmania. The company provides for the sale, rental and support of construction, mining and forestry equipment. Caterpillar products and William Adams services have played a major role in the development of both states over the last 90 years, from highway construction, hydro schemes, irrigation and major infrastructure projects to housing and land development. PRODUCTS AND SERVICES William Adams supply new, used and ex-rental Caterpillar and allied equipment, technology products and services. Its after sales support includes new, used and re-manufactured spare parts, workshop and field labor for routine maintenance, component and complete machine rebuild options throughout Victoria and Tasmania. In addition, the William Adams owned Cat Rental Store offer short, medium and long term, fully maintained rental of a broad range of Caterpillar and allied equipment. William Adams Ag provides sales and support for industry-leading Deutz Fahr agricultural products and a comprehensive range of allied attachments and Work Tools for the agricultural industry. The company is renowned for after sales product support, and as a supplier of innovative technology solutions, from on board machine control and guidance solutions to machine fleet management including product health, machine productivity and operator safety. HISTORY OF SUPPLY The William Adams customer base spans generations of families and corporations from State and Local Government authorities, quarrying, building and construction, power generation, forestry and mining, on-highway transport, marine industries and agriculture. The company was established in 1884 in Melbourne, named after its founder, William Adams. Caterpillar was established in Illinois USA in 1925. The following year William Adams was appointed as a Caterpillar dealer in New South Wales and later in Victoria and Tasmania. It remains one of Caterpillars longest serving dealers in the world. In 1987 William Adams was acquired by Dale Elphinstone, who remains as Dealer Principal and Executive Chairman of the Elphinstone Group of Companies. William Adams employs approximately 600 people, 50% dedicated to after sales product support. The parent company of William Adams, Elphinstone, is headquartered in Burnie, Tasmania, with William Adams' headquarters in Clayton, Victoria. The Tasmanian headquarters are located in Somerset. UNIQUE SELLING PROPOSITION SPECIALIST AREAS OF EXPERTISE The William Adams Cat business model focuses on growing machine population via multiple price point sales options of equipment; from new, to low hour used, to ex rental/demonstration equipment and re-manufactured/rebuilt machines. Equipment typically carries a price premium, while on a whole of life basis can be demonstrated to offer lower total cost of ownership. This is achieved via machine integrity and reliability and enhanced after-market support solutions. William Adams has significant investment in branch support infrastructure and a world class Customer Solutions Centre which includes a fluid analysis lab and machine health and early alert condition monitoring. The company adheres to strict metrics on breakdown response times, after hours support, and spare parts fill percentage (the highest in the industry).