Eko Environmental: Leading the way to effective waste management

What Eko Environmental: Leading the way to effective waste management does

MacLean Engineering, founded in 1973 in Ontario, Canada, is a privately held manufacturer of mobile mining equipment and the self-described world's largest Canadian-based manufacturer of underground mining equipment. The company employs between 1,000 and 1,300 people across four continents and operates wholly-owned subsidiaries in the United States, Mexico, Peru, South Africa, and Australasia. Its product portfolio spans ground support equipment (roof bolters and scalers), ore flow solutions (secondary reduction units such as blockholers and rockbreakers), utility vehicles (boom trucks, scissor lifts, material transporters), shotcrete and concrete transport equipment, and explosives charging vehicles, with a unit-of-one custom manufacturing capability for mine-specific configurations.

The company's underlying technology platform centers on the EV Series of battery-electric vehicles (BEVs), launched in 2015, which has now been commissioned in 100+ units globally and accumulated 500,000+ operating hours. Supporting technologies include the IQ Series remote control systems for operating equipment from a safe distance and MacLean Telemetry for real-time fleet data collection. In February 2025, MacLean extended this platform into surface mining with the launch of a Surface Mining Vehicle Division anchored by the GR8 EV Grader, co-developed with Fortescue for its Real Zero 2030 decarbonization program.

MacLean's business model combines hardware sales (capital equipment), aftermarket parts and 24/7 service, equipment rebuilds, and custom solutions, all sold through a direct enterprise field-sales motion supplemented by in-country dealer partnerships in Brazil, Colombia, sub-Saharan Africa, Chile, Ecuador, and Guatemala. Pricing is quote-based with a 20% deposit and 16-week production lead time. Customers include major and mid-tier mining operators (New Afton, Barrick, Torex Gold, Fortescue, Glencore, Vale, Agnico Eagle, Palabora Mining) across gold, copper, iron ore, and nickel operations. The company is family-controlled (MacLean family, with Kevin MacLean as CEO following founder Don MacLean's passing in January 2024) and has grown primarily through retained earnings, supplemented by targeted government grants such as the 2026 NRCan $2.5M CAD funding.

Name

Eko Environmental: Leading the way to effective waste management

Legal name

MacLean Engineering & Marketing Co. Limited

Website

https://www.macleanengineering.com/

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

251–500 employees

Short description

MacLean Engineering, founded 1973 in Ontario, Canada, is the world's largest Canadian-based manufacturer of underground mining equipment, producing battery-electric and diesel mobile equipment for ground support, ore flow, and utility applications, serving major global mining operators.

Ownership category

akta.pro rank

Product category

Mining Equipment Manufacturing

NAICS

Mining Machinery and Equipment Manufacturing (333131), Mining and Oil and Gas Field Machinery Manufacturing (33313), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Underground Mining Equipment (Loaders/LHDs, Continuous Miners, Longwall Systems) (IMAKANAB)

akta.pro secondary industries

Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers) (IMAKANAA), Mobile Power, Electrification & Energy Systems (Generators, Substations, Battery/Hydrogen, Trolley Assist) (IMAKANAJ)

Keywords

• Underground mining equipment
• Battery electric vehicles
• Mining vehicle manufacturing
• Ground support equipment
• Shotcrete application systems

Headquarters

HQ city

Elmira

HQ country

Canada

HQ region

North America

Offices14 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Mining Equipment Sales: Manufacture and sale of mobile equipment solutions for underground and surface mining including ground support, ore flow, and utility vehicles. Both diesel and battery electric options available.
2. Aftermarket Parts and Service: Parts supply, component repairs, exchange program, and technical field support. 24/7 customer service with high parts availability for critical mining operations.
3. Equipment Rebuilds: Full rebuild services including audit, teardown, quote, reconstruction and testing phases. Complete reconstruction services at branch locations.
4. Custom Solutions: Unit-of-one manufacturing expertise providing custom-built equipment solutions for specific mining applications.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

MacLean Engineering designs, manufactures, and services mobile mining equipment for underground and surface mining operations. Its product portfolio spans ground support (roof bolters, scalers), ore flow (secondary reduction), utility vehicles (boom trucks, scissor lifts, material transporters), shotcrete application systems, and explosives charging vehicles. The company pioneered the EV Series of battery-electric mining vehicles (BEVs) launched in 2015, and in 2025 launched the GR8 EV Grader as the inaugural model of its Surface Mining Vehicle Division.

Product overview

MacLean Engineering is the world's largest Canadian-based manufacturer of underground mining equipment, founded in 1973. The company offers a comprehensive line of mobile equipment for underground and surface mining operations, organized into core product categories: ground support (roof bolters and scalers), ore flow (secondary reduction equipment), and utility vehicles. The product portfolio includes specialized equipment such as shotcrete sprayers, boom trucks, scissor lifts, boom lifts, and explosives chargers. In 2015, MacLean launched its EV Series battery electric vehicle program, electrifying nearly its entire product line with 100+ BEVs commissioned globally. The company recently expanded into surface mining with the 2025 launch of its Surface Mining Vehicle Division, featuring the GR8 EV Grader. All products are supported by telemetry systems and remote control capabilities, with manufacturing facilities in Canada and Mexico, and service branches across North America, South America, Africa, and Australia.

Differentiator

Problem solved

Functional benefit

Brands

• EV Series: Battery electric vehicle (BEV) product line for underground mining equipment, launched in 2015 with over 100 units commissioned globally.
• HazPak
• GR8 EV Grader

Products and services

• Roof Bolters and Scaler Ground support equipment for installing roof bolts and scaling loose rock in underground hard rock mines. Sold to underground mining operations globally.
• Utility Vehicles Mobile utility equipment including boom trucks, scissor trucks, and material transport vehicles used to support underground mining production and services installation.
• Secondary Reduction Equipment Equipment for secondary breaking of ore, including blockholers, water cannons, and mobile rockbreakers that eliminate ore flow blockages and release trapped reserves.
• Shotcrete and Concrete Transport Equipment for shotcrete application and concrete transport including sprayers and transmixers used in underground tunnel support and construction.
• Explosive Charging Vehicles Specialized vehicles for charging explosives in underground mining drill and blast operations.
• Attachments Quick hitch designs and multiple basket configurations compatible with various MacLean utility vehicles for underground mining applications.
• Custom Solutions Unit-of-one manufacturing program providing custom-built equipment solutions engineered to specific mining application requirements.
• GR8 EV Grader Battery-electric surface mining grader with an 18-foot blade in pit-class configuration; inaugural model of MacLean's Surface Mining Vehicle Division, co-developed with Fortescue for iron ore operations.
• Stock Units Pre-built, ready-to-ship equipment units available for immediate purchase and deployment to mining customers.
• EV Series — Battery Powered Underground Mining Vehicles Complete fleet of battery-electric mining vehicles covering ground support, ore flow, and utility vehicle categories. Over 100 BEVs commissioned globally with 500,000+ operating hours logged.
• ML5 Multi-Lift Battery electric elevated work platform with 6.5 metre working height and 4.5 tonne payload; purpose-built alternative to integrated tool carriers for underground mine services installation and repair.
• SL3 Scissor Lift (Mine-Mate) Versatile elevated work platform for underground mine services installation and repair, with 300+ units produced for the global mining fleet.
• LR3 Boom Lift High-reach boom lift with up to 8 metre height coverage and 4 tonne lifting capacity, with quick-change deck configurations for underground mining services.
• SS5 Shotcrete Sprayer Battery-electric shotcrete sprayer equipped with Quickscan instant imaging and ChemSave accelerant savings technology for efficient shotcrete application.
• TM3 Transmixer Concrete transport and mixing unit designed for shotcrete application systems in underground mining and tunneling.
• BT3 Boom Truck Battery-electric boom truck for material handling and underground transport in mining operations.
• 985 Abi-Bolter Next-generation ground support equipment integrating autonomous robotics for automated bolting and screening functions in underground mining.
• MC5 Explosives Charger 5 Series next-generation explosives charging vehicle for underground mining drill and blast operations.
• BT5 Boom Truck

Quantifiable outcome

• 25% lower energy costs (operations and ventilation) compared to diesel counterparts
• +3 more outcomes

Named customers11 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• SikacoreStrategic or Co-development Partner · 4 June 2025Strategic collaboration in underground mining and civil markets. Aligning MacLean's shotcrete equipment with Sika's construction chemical products. Focus on shotcrete application, chemical admixtures, and system integration for enhanced value delivery.
• FortescuecoreStrategic or Co-development Partner · 25 September 2024Partnership to develop fleet of GR8 EV Graders for Fortescue's Western Australia iron ore operations. Supports Fortescue's Real Zero 2030 decarbonization strategy. Co-announced at MINExpo 2024.
• Kanu EquipmentminorChannel Partner/ Reseller/ Distributor · 29 February 2024Equipment distribution and support partnership for sub-Saharan Africa (DRC, Tanzania, Ghana, Zambia, Botswana, Zimbabwe). Kanu's spare parts distribution centers and infrastructure support MacLean's continental fleet expansion.
• Stewart & Stevenson ColombiaminorChannel Partner/ Reseller/ Distributor · 29 February 2024Exclusive distributor of MacLean products in Colombia. Provides technical, spare parts, and training support through five branches. Part of Kirby Corporación with 234 employees.
• Machbert Co.minorChannel Partner/ Reseller/ Distributor · 29 February 2024Exclusive distributor of MacLean products in Brazil. Provides sales and aftermarket support with 30+ years of mining sector experience. Also exclusive distributor of Furukawa Rock Drill in Brazil since 2014.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Epiroc: Swedish global leader in underground and surface mining equipment, rock excavation, and infrastructure. Directly comparable as a manufacturer of mobile mining equipment (loaders, trucks, drill rigs) including its growing battery-electric 6th Sense and Scooptram BEV lines — direct overlap with MacLean's underground BEV portfolio.
• Sandvik: Swedish OEM of underground mining equipment (loaders, trucks, drills, bolters) and automation/digital solutions. Direct competitor across MacLean's core ground support and utility categories, and is already a named OEM automation partner of MacLean — illustrating the technology overlap.
• Normet: Finland-based manufacturer specializing in underground mining vehicles (sprayed concrete, explosives charging, scaling, utility). Most direct overlap with MacLean's shotcrete, explosive charging, and utility vehicle lines; also has BEV product variants.

Broad incumbents

• Caterpillar: Global broad-line mining OEM (Cat Mining) covering underground LHDs, haul trucks, and surface equipment. Overlaps with MacLean in the underground and now surface mining spaces, but as part of a much wider industrial portfolio — and a potential competitor in the new Surface Mining Vehicle Division via its motor grader line.
• Komatsu: Japanese global mining equipment OEM with underground hard rock (LHDs, trucks) and surface mining product lines. Comparable as a broad incumbent offering electrification initiatives that overlap with MacLean's BEV roadmap.
• Liebherr: Swiss/German OEM with a mining equipment division (LHDs, dump trucks, excavators) used in underground and surface mining. Overlap with MacLean in heavy-duty mining machinery and underground mobile equipment categories.
• Volvo Construction Equipment: OEM of construction and mining equipment with growing electrification program (e.g., electric compact machines) and motor graders used in mining applications. Comparable as a broad incumbent likely to compete in the BEV surface mining grader segment where MacLean is launching.

Emerging players

• AARD Mining Equipment: South African manufacturer of underground mining equipment (LHDs, dump trucks, drill rigs). Comparable as a niche underground mining OEM serving the African mining market where MacLean also operates.
• XCMG: Chinese heavy equipment OEM expanding into mining machinery including underground loaders and trucks. Emerging as a low-cost alternative in underground mining, including initial BEV offerings — relevant emerging competitor for MacLean's price-sensitive segments.
• Boart Longyear: Global drilling services and equipment provider for mining and exploration. Adjacent/partial overlap with MacLean's ground support and drill-and-blast equipment categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCtg6eknM5bYm6MJRxKtdxnQ
• Facebookfacebook.com/macleanmining
• LinkedInca.linkedin.com/company/maclean-engineering
• Instagraminstagram.com/macleanengineering/?hl=en
• Xx.com/eko_corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eko Environmental: Leading the way to effective waste management