United Tractors
Public IDX: UNTR | |
Founded | 1972 |
Headquarters | Jakarta, Indonesia |
Key people | Gidion Hasan (CEO) |
Revenue | US$3 billion |
Number of employees | 14,500 (2010) |
Website | United Tractors |
United Tractors (UT/the Company) was established on 13 October 1972 as exclusive distributor of Komatsu Limited heavy equipment in Indonesia. On 19 September 1989, the Company went public and listed its shares in Indonesia Stock Exchange as PT United Tractors Tbk (UNTR), with PT Astra International Tbk as the majority shareholder[1] . Aside of being the largest distributor of heavy equipment in the country, the Company also plays an active role in the field of mining contracting and has recently ventured into coal mining business. The three major business units are known as Construction Machinery, Mining Contracting and Mining. In 2012, mining and plantation sectors are declining, but United Tractors is still got income Rp55,953 billion ($5.593 billion) and set as number 6 in Indonesian Fortune 100.[2]
Subsidiaries
Company | Established | Business Activities | Ownership | Website |
---|---|---|---|---|
PT Bina Pertiwi | 1976 | Farm Tractors Distribution | 100% | http://www.binapertiwi.com |
PT Komatsu Indonesia | 1982 | Komatsu Heavy Equipment Manufacturer | 5% | http://www.komi.co.id |
PT United Tractors Pandu Engineering | 1983 | Component Manufacturer & Fabrication | 100% | http://www.patria-ute.com |
PT Pamapersada Nusantara | 1988 | Mining Contracting | 100% | http://www.pamapersada.com |
PT United Tractors Semen Gresik | 1992 | Limestone Quarry Contracting | 45% | |
UT Heavy Industry (S) Pte Ltd | 1994 | Singapore Distribution Arm for Heavy Equipment | 100% | |
PT Komatsu Remanufacturing Asia | 1997 | Engine & Component Recondition | 49% | http://kra.co.id/ |
PT Multi Prima Universal | 2008 | Used Equipment & Rental | 100% | http://www.mpu.co.id |
PT Tuah Turangga Agung | 2008 | Coal Mining | 100% | http://telenorbitprima.com |
PT Harmoni Mitra Utama | 2008 | Logistics & Distribution | 35% | |
PT Andalan Multi Kencana | 2010 | Commodity/ Developed Parts Distribution | 100% | http://www.allmakes.co.id |
PT Universal Tekno Reksajaya | 2011 | Recondition and Remanufacturing Company | 100% | http://www.utr.co.id |
Expansions
From 9 hectares area in Cibitung, West Java, the company is building 3 hectares new factory to add 30 percent of current production. It will produce since Q4 2011.
References
- ↑ "Indonesia-Investments.com:United Tractors company profile". April 1, 2014.
- ↑ "Ini Daftar Perusahaan Terbesar di Indonesia Versi Fortune". July 15, 2013.