Keestrack thinks big after strong 2017 opening
By Steve Ducker09 March 2017
Mobile crushing and screening specialist Keestrack believes its turnover will hit nine figures for the first time this year after unprecedented demand for its products during the first two months of 2017.
And the Belgium-based company has no plans to stop there.
It projects a 60% rise in revenues in the next three years and is planning a complete new product design and substantial investment in its Czech Republic manufacturing facility.
Founded 21 years ago, Keestrack’s income has climbed steadily to the point where it declared sales of €85 million (US$90 million) last year, compared to €40 million ($42 million) as recently as 2012.
With Conexpo coming during a busy first quarter, an end of year result for 2017 of €100 million ($106 million) is being mentioned.
“Since 2012, the markets have dropped globally but we are growing our markets currently,” said global distributor manager Michael Brookshaw.
“In the past two months we have produced a record order intake. We are around sixth in the world market in mobile crushing and screening.
“Now with our new vision for 2020 we see another 60% growth in the company. By 2020, there will be almost 20,000 sq m (215,000 sq ft) of new state of the art manufacturing at Sternberk, Czech Republic, which will become a competence centre.
“There will be new products in the next three to four months, as well as a new design of tracked mobile plants with a new patented crushing system.
The company, whose exhibits at the show include the R3 and R5 impactors, also said it was hoping to recruit two new dealers during this week to serve the North American market, adding to the five in the USA and one in Canada that it already has.