Tasmania's wealthiest man Dale Elphinstone AO is the founder and executive chair of Elphinstone which has been designing, manufacturing and supplying heavy equipment to the mining industry for over 40 years. Mr Elphinstone has extensive experience in engineering, manufacturing and heavy machinery industries and is one of the longest serving Caterpillar dealers' principal in Australia, having been involved with the company in 1966 and eventually acquiring the Caterpillar dealership in Victoria and Tasmania in 1987. He was co-chair of the Joint Commonwealth and Tasmanian Economic Council, director of the Tasmanian Health Organisation North-West, director of the formerly public-listed Queensland Gas Company, and director of ASX-listed National Hire Group. In 2019, Mr Elphinstone was named an Officer of the Order of Australia for distinguished service to business, particularly to the resources and manufacturing sectors, and to the community of Tasmania.