Genie buys Texas refurb company

07 March 2008

Tim Ford, President, Terex Aerial Work Platforms (AWP)

Tim Ford, President, Terex Aerial Work Platforms (AWP)

Waco, TX-based Phoenix Equipment, a company that specializes in refurbishing aerial work platform equipment, has been acquired by Genie Industries. The manufacturer said the purchase is “key to Genie's strategy of continuing growth and delivering value-added services for customers.”

Phoenix Equipment is not involved in rental or sales, serving as a provider of repairs, painting and inspections on construction equipment. Since 1999, the company has been a factory-authorized Genie refurbishment and repair center. Phoenix founder John Carhart will continue with the company as it joins Terex AWP.

“As the market has grown, so has the need for refurbishment. With this acquisition, Genie Industries will now have a dedicated facility to refurbish and remanufacture products to customer specifications,” said Tim Ford, President, Terex Aerial Work Platforms (AWP), which includes Genie Industries. “In addition to standard refurbishment and remanufacturing services, Phoenix Equipment Company has the ability to complete warranty repairs and customer unit repairs, which will be an added benefit for our customers.”

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