"There is no other motor vehicle brand in Jamaica for which the manufacturer has established its regional headquarters with permanent staff living here."
The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on. The statistics are represented in graphical format for a clear understanding on facts and figures.
Tank-Weld reached out to Shacman trucks in China, and that outreach led to negotiations with the automaker, culminating in a deal that sees the construction equipment firm diversifying into a new business line as exclusive dealer of Shacman trucks.
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Chinese trucks enjoyed a boom in the construction market before the financial crisis. The jury seems to be still out on their long term prospects.
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Tank-Weld’s announcement to expand into driver training is commensurate with its expansion into motor vehicle sales. Tank-Weld Equipment Limited, a member of the Tank-Weld group of companies, launched into motor vehicle distribution in January, becoming the exclusive distributor of SHACMAN trucks in Jamaica and the Caribbean in January.
"We aim to truly revolutionise the trucking industry. Their strategic advantage comes from a decision to import a limited range of trucks suited to the Jamaican environment, and thus ensuring the capacity to stock an adequate supply of spare parts," added Ralston.
He added, "This will raise the confidence level of customers for the Shacman brand and the commitment to ensure their trucks receive detailed attention."
"This will certainly open up opportunities for small, medium and large haulage contractors which never existed before," he affirmed.
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