454:, Monark, along with other member-companies, helped provide assistance to over 700,000 families in the areas of education, health, environment and enterprise and livelihood development. From 2012 to 2014, the business-led development organization disbursed some 3.8 billion pesos for health programs, 103 million pesos for livelihood assistance, 101 million pesos for education and 33 million pesos for environment programs.
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of the first to utilize
Caterpillar machines in the country, deploying them in Monark's forestry operations. Throughout the seventies and eighties, MII was involved in some of the largest infrastructure projects in the country, frequently in partnership with the government or other private-sector companies.
432:(known as Yolanda in the Philippines), Monark, through its non-profit Monark Foundation, provided aid to the survivors in devastated areas. Monark's Cat Rental Store provided forklifts to help with repacking of relief goods at repacking stations as well as providing generator sets to the government of
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Monark
Equipment Corporation was incorporated in 1987, by Louie and Jan-B Banson after they acquired the right to become the sole authorized dealer of Caterpillar Equipment in the Philippines. Its parent company, Monark International Incorporated, was found by their father Onofre in 1962. MII was one
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and power sectors. It has a network of branches all over the country in order to provide repair and maintenance services for its heavy equipment. Monark
Equipment Corporation is one of the top 500 non-individual taxpayers in the Philippines in 2014, ranking 167 and paying more than 225 million pesos
440:(IRD) to plan for long-term rehabilitation, relief and clearing operations. In addition, Monark employees have volunteered for various relief efforts, working with the Department of Social Welfare and Development and other relief agencies to distribute aid packages and feed survivors.
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Castle Power
Philippines is the sole distributor in the country of Perkins services and products. It is the exclusive distributor of China-based Shandong Shem Machinery, which is a manufacturer of heavy machinery that is wholly owned by Caterpillar.
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In
October 2013, Monark Equipment Corporation issued four billion pesos worth of corporate notes to finance its long-term debt service requirements. The notes have a five-year maturity period and
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Monark
Foundation Institute is the non-profit arm of Monark Equipment Corporation and provides vocational and skills training to high school graduates and out-of-school youth.
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products in the
Philippines and prominently features the Caterpillar logo and the Caterpillar Yellow livery as part of its company logo. It distributes other
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As a joint venture partner in the 1970s up to 1985, Monark was involved in major infrastructure projects such as the Magat and
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PowerAsia
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heavy equipment products which are marketed to the local construction industry.
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For 29 years, Monark continuously grow to cover the needs of its market.
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and Iloilo highways and the
Masiway, and Makban Geothermal power plants.
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is a family-owned Filipino corporation, and is a dealer and importer of
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In 2015, the company was awarded its ISO 9001: 2008 certification.
632:"Cat Dealer Monark Sends Volunteers to Help with Typhoon Clean-Up"
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Monark Equipment Corporation projects in the sixties included the
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Considered as the ‘Largest Footprint in the Industry’, Monark's
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sector covers 10 mine site projects which includes Didipio,
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In November 2013, following the devastation wrought by
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680:Manufacturing companies of the Philippines
404:Philippine Long Distance Telephone Company
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325:Monark Equipment Corporation provides
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529:Mindanao
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474:Trimble
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