The Group

The structure of the ITR Group is the result of on-going research, with a watchful eye on both customer and market demands.

I marchi del gruppo

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History

1989

USCO is set up as a trading company specialized in repair parts for Caterpillar® earth moving machines.

1993

USCO acquires ITR, thus expanding its product range and becoming manufacturer of pumps, gears, pinions and other spare parts for earth moving machines. USCO starts to sell ITR branded products, a quality brand known worldwide.

1994

USCO acquires FORTRESS ESP ITALIANA, one of the major manufacturers of repair parts for the earth moving sector. The company expands its product range and market penetration under the ITR brand.

1999

USCO forms DYNAPARTS, a company focused on retail trade on the European market.

2002

USCO expands the manufacturing sector with an investment of over € 2.000.000 in the purchase of automatic machine tools among which an FMS system composed of two Mazak working centers connected by a shuttle.

2003

USCO acquires GRS SpA, world leader in the manufacture of pumps for earth moving machines in the aftermarket sector.

2004

USCO headquarters and warehouses are moved to a new site that extends over a total surface area of 43.000 m² with an investment of € 20.000.000.

2005

USCO enters into a joint venture agreement with KUT, a leader in the manufacture of undercarriage chains, shoes and segments with headquarters in South Korea.

2006

- USCO establishes the first distribution center in Chicago, ITR North America.
- USCO establishes ITR Middle East in Dubai (UAE).
- USCO establishes Track One, in Modena (Italy) a company focused on the study, design and realization of complete ‘tailor-made' track frames for OEM customers.

2007

- USCO establishes ITR Pacific in Brisbane (Australia).
- USCO enters into a joint-venture agreement with HUALONG, a Chinese manufacturing company with internal foundry, leader in the production of sprockets and idlers.

2008

USCO establishes ITR America, following the joint-venture between ITR North America and Heavyquip. Thanks to the 15 branches the new entity is the largest all makes distributor in North America.

2009

- USCO establishes ITR Africa in Johannesburg (South Africa) following a local joint-venture.
- USCO establishes ITR Far East in Ningbo (China).

2010

USCO expands the Modena, Italy headquarters and warehouse.
Track One establishes Track one Kunshan, a Chinese branch dedicated to international OEMs with production plants in China.
USCO acquires all the shares of South Korean company, KUT, and of the Chinese company, Hualong.

2011

USCO establishes ITR South America in São Paulo (Brazil).
USCO establishes a partnership with GrupoHidrau Torque, Brazilian leader in the earthmoving machinery spare parts industry.

2012

- KUT builds up a new forging plant for track links with 1600 and 2500 ton presses.
- ITR Africa opens new branches in Namibia, Cape town, Port Elizabeth and East London.
ITR Africa moves into the newly renovated building and parts warehouse.

2013

USCO enters the agriculture business through the acquisition of BARANI NATALE & FIGLI Srl, a company located in Reggio Emilia (Italy).
USCO sets up ITR BENELUX, in Tilburg (The Netherlands).
USCO Modena (Italy) property expansion of 30.000 m².
ITR America moves into a brand new building and parts warehouse of 9.300 m².

2014

USCO celebrates its 25° birthday anniversary.
- USCO establishes a partnership with BYG, a Spanish company leader in the GET business.
GRS changes its business name into ITR Meccanica.
- Opening of a new facility in Ningbo (China) that houses the headquarters of ITR Far East and the Asian subsidiary of Track One.

2015

ITR Pacific opens a new branch in Perth, ITR Western Australia
ITR Pacific moves into the newly renovated building and parts warehouse.

2016

ITR Pacific expands its operations with a new branch in Victoria, AUS.
ITR Middle East expands its headquarters with a newly built 16,000 m2 warehouse.
Hualong installs a new production plant at its headquarters in China.
ITR Africa opens a new branch in Pinetown, ZA

2017

- USCO takes over Barani Natale, benchmark for the industry of genuine agricultural machine parts.
- ITR Africa sets up ITR Zambia in Kitwe

2018

- USCO sets up the new INTRAMEX in Bremen (Germany).

- USCO takes over BULLDOG (USA) through ITR America.

2019

USCO takes over MST Parts Group (UK).

2020

USCO acquires 75% stake in Strickland Tracks.

International Certifications

We have optimized our internal processes in order to achieve the most respected international certifications including ISO 9001, ISO 14001, and ISO 45001. 

The company certifications obtained over the years are testimony to the efforts taken to guarantee compliance with ever higher product and service standards.

Governance

Through the resolution of the Board of Directors’ meeting held on 18 December 2020, Usco S.p.a. adopted the Organisation, Management and Control Model pursuant to Legislative Decree no. 231/2001 and the Code of Ethics, in order to comply with regulations on corporate administrative liability for crimes.

Adoption of the Model confirms the attention that USCO S.p.a. focuses on compliance, through the implementation of organisational measures that avert the committing, in the interest or for the benefit of the company, of the crimes described in the Model and for which the entity itself is directly liable.

The business partners of the company, and anyone who has relations with it in general, are required to know and to comply with the principles of legality and transparency endorsed in the Model and in the Code of Ethics.

For further information, these documents can be consulted at the following links:

Organisation, Management and Control Model

Code of Ethics of Usco S.p.a.