PacWest Machinery in Seattle, Washington, has acquired Clyde West of Portland, Oregon, a company that has supplied equipment to the construction industry in the Pacific Northwest for over 100 years.
PacWest Machinery - which is owned by Joshua Green Corporation - was also appointed Volvo Construction Equipment dealer in Washington, Oregon and Northern Idaho. The company has been given responsibility for the sales, rental and service for the full line of Volvo CE's general production equipment, road machinery and compact equipment.
"The entrance of Joshua Green into the equipment distribution segment is another example of our desire to make long-term investments in stable industries that show attractive growth potential," said Stan McCammon, President and CEO of the Joshua Green Corporation.
"We take a long-term view when investing in regionally-based companies that are profitable and contribute in many important ways to the community. This long-term orientation sets Joshua Green apart from many investors and makes us an ideal partner for companies seeking capital or facing a generational transition."