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Finning and Caterpillar fund new program at Keyano

Author: SuperUser Account/Thursday, October 13, 2011/Categories: Foundation

On October 13, 2011, Finning Canada and Caterpillar announced a partnership with Keyano College that will help address the shortfall of heavy equipment technicians at the Finning operations in our region. 

The announcement of the new FINNTech Heavy Equipment Technician Diploma Program electrified attendees at the 2011 Oilsands Banquet. Finning and Caterpillar’s contribution of cash and course materials, tooling and equipment is valued at more than $3.5 million in the first two years. 

"This is the single largest post-secondary education donation in Finning Canada’s history,” said Dave Parker, president Finning Canada.

“We are a proud member of the Fort McMurray community and excited to continue our support of Keyano College. With Caterpillar, we are addressing the long-term need for skilled labour in our region. This is truly a win-win program for Finning Canada and Keyano College,” continued Parker.

The FINNTech program is a 20-month diploma program that will see 40 students a year engaged in a rotation of two months of in-class learning followed by two months of job-site training. The first cohort of 20 students is expected to begin classes in early 2012.

“Over the 20-month time frame the students will be actively engaged in progressive learning, developing deeper and deeper skills under the tutelage of instructors and site supervisors,” said Glenn van’t Wout, Dean of Trades & Heavy Industrial Programs at Keyano College.

“When they complete their program they will have immediate placements in industry.”

‘What is unique about this program is the level of commitment of the sponsors - Finning Canada and Caterpillar”, continued van’t Wout.

“When you add up the value of their contribution which includes outfitting training spaces and providing tools and scholarships to students along with providing training aids and technologies and a unique equipment rotation program that makes new CAT equipment part of the training – the value far exceeds the announcement of $3.5 million.”

Dr. Kevin Nagel, President & CEO, Keyano College acknowledged that Finning is an incredible partner and truly is solutions based.

“Finning has shown that they really understand the importance of growing your own workforce and their cooperative design of the FINNTech program is excellent in every way,” explained Dr. Nagel.

“It’s a quality program combined with excellent student support that in turn, offers graduates the opportunity to earn a six-figure income with a world class employer. It doesn’t get much better than that!”

“There is no doubt that FINNTech will be in high demand as news of the program spreads.  It’s a great example of innovation-at-work and a real win-win situation for students, Finning, Keyano and our region,” added Dr. Nagel.

Cindy Amerongen, Vice President, External Relations, Keyano College, says last night’s announcement shows Finning Canada and Caterpillar’s commitment to the College and the community.

“Together these two companies are moving the earth and ensuring the continued access to Canada’s supply of safe, secure oil.  Both companies understand that their long-term success requires a highly trained workforce operating in active and dynamic communities. This announcement showcases a depth of funding in support of a new innovative program at the College, and, it ensures the sustainable growth of the program now and into the future,” said Amerongen. 

Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.  Finning Canada is a division of Finning International Inc., the world’s largest Caterpillar equipment dealer. Founded in 1933, Finning sells, rents and provides unrivalled service for equipment and engines to customers maximize productivity.

Headquartered in Edmonton, Finning Canada serves customers in British Columbia, Yukon, Alberta, the Northwest Territories and a portion of Nunavut.

For more information, contact:

Russell Thomas
Keyano College
Director, Marketing & Communications
Hilary Anaka
Finning Canada
Team Lead, Corporate Communications

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