About Us

Mission Statement:

"To provide products and service solutions to extend the life of critical equipment assets for industry and government."


In 1958 Harold Wallace moved on from his job at TEAL Airways (now Air New Zealand) and used expertise gained from 20 years in aircraft maintenance to rebuild engines at the newly-formed Wallace Reconditioners.

In 1974 Phill Wallace started Alloy Bearings, making bearings for Broomwade compressors in a small building located in Wellsford.  From its humble beginnings the business has grown and moved three times. The present site at Hood Street, Wellsford, accommodates our valued Overhauls team and includes on-site premium lubricant supply store.

Stephen Wallace, grandson of Harold, has been the sole owner of AB Axis Company Limited T/as AB Industries since 2004.  Other family members are also involved in the business.


Our Commitment:

Our ethos is to do the right thing, act with integrity and in good faith.
We make every effort to ensure that your finished product is better than you expect.

Our commitment to excellence is demonstrated by our accreditation to ISO 9001 quality standards since 1994.

We guarantee quality every time, and we back this with our expertise, experience and commitment to customer service.

Privacy Policy

We value your privacy! We will not give, lease, sell or otherwise disclose your personal or business information to any third party without your prior consent

Conditions Of Sale

View our Conditions Of Sale