What Track One does

Track One Srl is an Italian OEM supplier specializing in the design, engineering, and manufacture of custom side frames and complete undercarriage solutions for heavy machinery manufacturers. Founded in San Damaso, Modena in September 2005 and acquired by USCO S.p.A. in 2006, the company operates as the center of competence for undercarriages within the USCO Group, leveraging vertically integrated ITR component manufacturing (track rollers, idler groups, track chains, sprockets) to deliver 100%-traceable solutions ranging from 500 kg to 250 tons. Manufacturing operations are located in Modena, Italy (8,000 sq. m. total facility opened 2010) and Ningbo, China (production plant inaugurated 2014), with an assembly and distribution branch in Kunshan, China established 2011.

The product portfolio spans four core categories: side-frame undercarriages (welded, bolted, pivot point, cross-member variants); central-body undercarriages with slewing ring and rotating distributor joints; extendible undercarriages with parallel-piston, telescopic-piston, and mechanical track-variation options; and special undercarriages including electric final drives for mining conveyors and amphibious floating frames. Track One applies in-house Finite Element Analysis (FEA), developed in collaboration with the University of Modena and Reggio Emilia since 2007, alongside ISO 9001-certified processes and custom bench test equipment for component validation.

Track One generates revenue through project-based, quote-based custom manufacturing with multi-year contract cadences. Go-to-market combines direct enterprise sales to OEM engineering departments, an online configuration/quote tool, major international trade show presence (BAUMA Munich/China, Conexpo Las Vegas, Minexpo, Intermat Paris, Excon India, SaMoTer Verona), and a global distribution network through ITR partners spanning seven regions (North America, Benelux, South America, Africa, Pacific, Middle East, Turkey). End-customer segments span excavators, cranes, drilling machines, bulldozers, crushers, forestry equipment, pipelayers, road pavers, mining conveyors, and amphibious/water-edge applications.

Name

Track One

Legal name

Track One Srl

Website

https://trackone.it

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Track One Srl is an Italian OEM supplier designing and manufacturing custom-engineered undercarriage solutions (500 kg to 250 tons) for heavy machinery manufacturers, leveraging vertically integrated ITR components and global distribution.

Ownership category

akta.pro rank

Product category

Heavy Machinery Undercarriages

NAICS

Agriculture, Construction, and Mining Machinery Manufacturing (3331), Construction Machinery Manufacturing (333120), All Other Miscellaneous General Purpose Machinery Manufacturing (333998)

SIC

Construction Machinery & Equip (3531), Construction, Mining & Materials Handling Machinery & Equip (3530), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Off-Highway Vehicle Cabs, Frames & Attachments Manufacturing (Cabs/Booms/Buckets/Implements) (IMACAFAL)

Keywords

• Heavy machinery undercarriages
• Tracked equipment OEM
• Earthmoving crawler solutions
• Custom side frames
• Undercarriage engineering

Headquarters

HQ city

Modena

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Undercarriage Systems Sales: Track One generates revenue through the sale of custom-designed side frames and complete undercarriage solutions to OEM manufacturers of earthmoving and construction machinery. Products include standard undercarriages (side frames, central body frames, extendible undercarriages) and special/custom solutions (amphibious, electric drive). Revenue is project-based with custom specifications driving pricing.
2. ITR Components Integration: As part of USCO Group with in-house ITR component production (track rollers, idler groups, track chains, sprockets), Track One leverages integrated component supply for complete undercarriage solutions, ensuring 100% traceability and quality control throughout the value chain.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Track One designs, engineers, and manufactures custom side frames and complete undercarriage solutions for OEM manufacturers of heavy machinery including excavators, cranes, drilling machines, bulldozers, mining conveyors, and forestry equipment. Products range from 500 kg to 250 tons capacity and include standard side frame undercarriages, central body undercarriages, extendible undercarriages, and special configurations such as electric final drives and amphibious floating frames. The company integrates ITR-manufactured components (track rollers, idler groups, track chains, sprockets) with in-house FEA-based engineering to deliver fully traced, custom-engineered tracked mobility solutions.

Product overview

Track One is an Italian company specializing in designing, engineering, and manufacturing side frames and complete undercarriage solutions conceived to satisfy the specific requirements of customers. The product portfolio consists of five core product categories: (1) Undercarriage based on side frames — available for machines from 500 kg to 200 tons with variants for welding, bolting, pivot points, and cross members; (2) Undercarriage with central body — made using ITR components with slewing bearings and rotary joints, for excavators, drilling machines, forestry machines, and cranes; (3) Extendible Undercarriage — with parallel extension, telescopic extension, and mechanical track variation options for adjustable track gauge; (4) Special Undercarriages — custom solutions including Electric Final Drive for mining conveyors (up to 250 tons) and Amphibious Undercarriages for floating applications; and (5) Type of Machine/Application coverage for crushers, excavators, bulldozers, cranes, pipelayers, forestry machines, and more. The company operates as a Usco company with ISO 9001 certification and uses ITR components for all products.

Differentiator

Problem solved

Functional benefit

Products and services

• Undercarriage based on side frames Undercarriage systems based on side frames designed for heavy machinery from 500 kg to 200 tons, manufactured using ITR components with optimal weight/resistance ratio steel chassis. Suitable for crushers, small drilling machines, conveyors, road pavers, and milling machines.
• Undercarriage with central body Central body undercarriages with high torsional rigidity, vibration damping, and mechanical resistance. Supplied complete with slewing ring, rotating distributor joint, and hydraulic pipes. Used for excavators, drilling machines, forestry machines, and cranes.
• Extendible Undercarriage Extendable crawled frames with three categories: parallel extension (hydraulic cylinders for small cranes and drilling machines up to 8 tons), telescopic extension (concentric cylindrical pair system for cranes, anchor drilling rigs, and rotary drilling rigs up to 40 tons), and mechanical track variation (bolted side frames for excavators and forestry machines up to 21 tons).
• Special Undercarriages Special solutions designed exclusively to satisfy specific customer requirements, including fully custom-engineered undercarriages for unique applications not served by standard product lines.
• Undercarriage with Electric Final Drive Electrical frames without hydraulic circuit, using alternator-inverter-electric motor unit instead of hydrostatic transmission. Designed for mine conveyors, available for medium/small applications (5 to 14 tons) and large/very large applications (up to 250 tons).
• Amphibious Undercarriage Floating frames capable of floating on water for operations in lake environments including drainage and canalization where the machine must not be fully immersed.

Quantifiable outcome

• 100% traceability guaranteed through serial numbers, assembly inspection reports, and component lot tracking
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Nine partnerships are on record, tiered minor, core and flagship.

• University of Modena and Reggio EmiliaminorStrategic or Co-development Partner · 1 January 2007Academic partnership with the Machine Construction Department at the Faculty of Mechanical and Civil Engineering. Collaboration began in 2007 and led to development of first extendable frame prototype. University partnership enabled Track One to acquire FEA software and restructure design processes in 2009.
• ITR AmericacoreChannel Partner/ Reseller/ Distributor · 1 January 2006Regional distribution partner for North America (USA). Located in Hobart, Indiana. Provides local undercarriage assembly and distribution for Track One products in the North American OEM market. Exhibits at Minexpo Las Vegas and Conexpo trade shows.
• ITR BeneluxcoreChannel Partner/ Reseller/ Distributor · 1 January 2006Regional distribution partner for Belgium, Netherlands, and Luxembourg. Located in Tilburg, Netherlands. Handles distribution and customer support for Track One undercarriage products in the Benelux region.
• ITR South AmericacoreChannel Partner/ Reseller/ Distributor · 1 January 2006Regional distribution partner for South America. Located in São Paulo, Brazil. Provides local distribution, assembly, and support for Track One products serving the South American heavy machinery market.
• ITR AfricacoreChannel Partner/ Reseller/ Distributor · 1 January 2006Regional distribution partner for Africa. Located in Johannesburg, South Africa. Handles distribution and customer support for Track One undercarriage products across African markets.
• ITR PacificcoreChannel Partner/ Reseller/ Distributor · 1 January 2006Regional distribution partner for Pacific region including Australia and New Zealand. Located in Yatala, Queensland, Australia. Manages distribution and support for Track One products in the Australian and Pacific market.
• ITR Middle EastcoreChannel Partner/ Reseller/ Distributor · 1 January 2006Regional distribution partner for Middle East region. Located in Jebel Ali Free Zone, Dubai, UAE. Handles distribution and customer support for Track One undercarriage products across Middle Eastern markets including UAE and surrounding countries.
• HIDROKONTROLcoreChannel Partner/ Reseller/ Distributor · 1 January 2006Exclusive distribution partner for Turkey. Located in Ankara, Turkey. HIDROKONTROL Mak. San. Tic.A.Ş. handles local distribution, support, and customer relations for Track One products in the Turkish market.
• USCO S.p.A.flagshipStrategic or Co-development Partner · 1 January 2005Parent company and majority shareholder (acquired majority shares in 2006). USCO S.p.A. (VAT ID: 01893120368) is headquartered in Modena, Italy. Track One operates as the center of competence for undercarriages within USCO Group, leveraging group production facilities and ITR component manufacturing capabilities. The relationship provides vertical integration for complete undercarriage solutions from components through final assembly.

Scale indicators4 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Komatsu: Komatsu is a top-three global construction and mining equipment OEM with significant in-house undercarriage manufacturing. Comparable to Track One as a buyer of specialty custom undercarriage solutions and as a benchmark for the vertically integrated model that constrains the outsourced supply market.
• Hitachi Construction Machinery: Hitachi Construction Machinery is a major global excavator and mining-equipment OEM that historically partnered with and partly sourced from USCO/ITR for undercarriage components. Closely comparable in excavator and mining-truck undercarriage application space.
• Caterpillar: Caterpillar is the world's largest construction-equipment OEM and produces most undercarriage components in-house at scale via its dedicated undercarriage facilities. It is both a potential Track One customer (for specialty variants) and a structural competitor for outsourced undercarriage supply across OEMs.
• Liebherr: Liebherr manufactures a broad range of construction, mining, and crawler crane equipment, much of it with in-house undercarriage systems. Particularly relevant as a peer for the heavy-side and crane undercarriage segments where Track One competes.
• Manitowoc / Potain (Grove, Potain cranes): Manitowoc (parent of Potain, Grove, National Crane) is a major crawler-crane OEM where Track One's extendible undercarriage products are relevant applications. Indirect competitor-customer dynamic on specialty crane undercarriages.

Direct peers

• Berco: Berco S.p.A. (Copparo, Italy; ThyssenKrupp-owned) is one of the world's largest independent manufacturers of undercarriage components and track systems for construction, mining, and agricultural equipment. Most direct competitor to Track One — overlapping product scope (track chains, rollers, sprockets, idlers) and overlapping customer base (OEMs of excavators, bulldozers, drilling rigs).
• VTS Track Solutions: VTS Track (Vet’s Tracks & Solutions, Italy) is a specialized manufacturer of rubber and steel undercarriage systems and components for construction equipment. Comparable to Track One in scope of undercarriage product offerings and OEM customer base, though with greater emphasis on rubber-track applications for compact equipment.
• ITR (USCO Group): ITR is the component-manufacturing sibling within USCO Group producing track rollers, idlers, track chains, and sprockets. While not a chassis/undercarriage assembler competitor, ITR is the closest analog as an Italian undercarriage-component specialist serving OEMs through a global distribution network — directly comparable customer overlap and product category.

Emerging players

• XCMG: XCMG is one of China's largest construction-equipment OEMs with rapidly expanding tracked-equipment exports. Relevant as a potential large OEM customer leveraging Track One's Chinese production footprint, and as a benchmark for the kind of mid-tier OEM Track One serves outside the top-3 incumbents.
• SF Engineering (Shanghai Foundry & Forge / SF Forge): SF Engineering specializes in forged and machined undercarriage components (track links, rollers, idlers, sprockets) for construction equipment, with strong presence in Asia. Partial overlap with Track One's component needs — relevant as a competitor for OEM undercarriage sourcing decisions in the China/APAC region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Track One