It was a single proprietorship engaged in trading of brand new and surplus heavy equipment units and spare parts. To enhance its business transactions, the enterprise was converted into a corporation under the name of Fastpace Tractor Corporation last November 2011. Because of the huge demand in the growing market of the construction, infrastructure, mining and transportation industry, the owners
of Fastpace decided to put up a new company, Powertrac Inc. Its primary activity concentrates in distributing brand new heavy equipment units and trucks throughout the country. Because the owners carry a very reputable and progressive name in the industry, Powertrac received the approval to be the Philippines’ distributor of Lonking International Strategic Business Unit and Sinotruk Import and Export Co., Ltd., China’s two leading manufacturers and sellers of heavy equipment units and trucks for the last 3 years.
