Terex AWP acquires Californian refurbishment specialist

By Maria Hadlow26 January 2009

Tim Ford, Terex Aerial Work Platforms

Tim Ford, Terex Aerial Work Platforms

Terex AWP (Aerial Work Platforms) has acquired the assets of a refurbishment facility owned by United Rentals in Modesto, California.

The acquisition is said to be part of Terex's strategy to increase its capacity to offer value-added service to customers. The facility will cater to the refurbishment needs of Genie aerial equipment customers and will later add Terex equipment as well.

Tim Ford, president of Terex AWP said, "Our customers are increasingly expressing a need to refurbish assets. This refurbishment centre in Modesto will establish us in close proximity to significant installed bases for units in California, Nevada, Oregon and Arizona. We are pleased to be able to provide additional value to our customers by offering them solutions that enhance value through their entire product lifecycle."

The Modesto refurbishment centre has been in business for ten years, primarily refurbishing United Rentals' aerial fleet. Terex AWP will continue to employ the 32 experienced team members at the facility. Branch manager, John McPhedran, will report directly to Siva Balakrishnan, vice president and general manager of Global Services, Terex AWP. "I'm looking forward to working with the team in Modesto," said Mr Balakrishnan. "They bring years of expertise and ability and will expand important services to our customers in the West."

Early last year Terex AWP acquired another refurbishing specialist, Pheonix Eqiupment Company in Texas.

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