Shear Power Corp. is celebrating a decade of providing tools to the demolition and scrap industries.
Established in 2014 in Strathroy, Ontario, the two-person company started out by renting about 280 square metres of space from Marcel Equipment. Today, Shear Power has grown to employ 11 people and now operates from a 930 square metre purpose-built facility.
“The first ten years in business have been a tremendous and successful learning period for all of us,” said Greg Morley, Shear Power’s vice president and partner in the business.
“We have experienced excellent growth over these years, which certainly came with its growing pains at times, but we have built a very strong team to overcome the challenges faced.”
Today, Shear Power is a dealer for Fortress shears, OilQuick, Xcentric Rippers and crushers, OSA Attachments, Rockwheel, Shearforce hammers and Shearex. To support its product lines, the company’s own fleet has grown to include three fully equipped service trucks offering on-site service, support and installations for its products.
“We provide a very strong focus on customer and product support to keep them productive, profitable and returning to us for years to come,” Morley said.
Shear Power has also built a reputation for building custom high reach demolition excavators, as well as retrofitting machines into demolition spec, high reach units.
The company built its first custom high reach excavator after coming across a used Komatsu PC450. They refurbished a used boom, and acquired an engineering certificate on the repairs that were completed on the transformed excavator.
Today, Shear Power’s customer base has expanded to include construction, mining and forestry and they developed The Extractor, a deep excavation arm. Equipped with a 30-metre telescopic arm and 1.7 cubic metre clamshell capacity, The Extractor’s quick cycle times can reduce deep excavation costs by as much as 75 per cent.
“Demolition and steel recycling will always remain our staple, and the relationships that have been built with these customers over the years will always be an easy reminder of the reason why we started here,” Morley said, who initially started as a licensed Heavy Equipment Technician.
Looking ahead, Shear Power has “big plans” for growth in the coming years. The company is exploring new products and services that support the needs of its customer base.
“We work to earn each and every sale, which has helped us accomplish our goals in years previous, so I do not expect it to be any different in the next ten,” Morley said.
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