Fleet company Ameco expands
Fleet management and maintenance outfit Ameco Caribbean Inc wants to deepen its market penetration in Jamaica by tapping into underserved business segments.
Central to the move is a 50 per cent expansion in workspace and a big bet on technology.
Since July, the company has been spreading out into new, more spacious facilities at 248 Spanish Town Road, just westward and across the road from its former home at No. 443.
General Manager Brian Pengelley says Ameco has pumped $60 million into the expansion.
"We've invested quite heavily, and it is good because we believe that if we're going to be here, and if we truly believe in where Jamaica is going, then companies like ours have to invest and get ready to grow with the economy," Pengelley said.
At its former facility, Ameco operated from a three-acre complex housing six work bays. At its new home, the complex sits on 4.5 acres and houses 12 work bays, eight of which are inside workshop areas and four outside bays for heavy-duty work and fabrication.
More space, better service
Pengelley says Ameco needed the additional room to deliver a more efficient service.
"The changing face of the environment and the change in what the customer needs have driven us to listen carefully to our customers and clients and then trying to meet their needs as best as possible," he said.
Ameco has also doubled the size of its Runaway Bay operation and put in a new location in Montego Bay in addition to its facility in Mandeville.
Part of Ameco Caribbean's market strategy is to identify and corner unexplored areas of the equipment market.
"That has allowed us to supply equipment in agriculture, including farm implements, trucks and other specialised articles," said Pengelley.
"We are also going more into mining and construction equipment and that includes cranes," he added.
Ameco is also adding a facility for light duty trucks and equipment and training to allow technicians to run vehicle diagnostics.
The new centre is to be officially opened in February, but before that, by January, Ameco will become a 24-hour operation. Pengelley says this will give the company a sharper edge as it seeks to maximise revenue and grow its client base.
"This is not just for our existing clients," he said. "So let's say you have three trucks - you can bring a truck to us at 6 p.m. and pick it up at 6 a.m. What that means is that overnight we can do all the servicing during what is normally downtime for the equipment," Pengelley said.
For 2017, Ameco is planning further expansion of its product lines to include servicing of generators.
Ameco Caribbean, part of a worldwide operation, has operated in Jamaica since 1998. It is staffed by about 170 people covering a fleet line-up of more than 1,300 cars, pickups, trucks and specialised equipment.