Genie Industries, Redmond, Wash., announced today it has acquired the assets of Phoenix Equipment Co., Waco, Texas, which specializes in refurbishing aerial work platforms.
The AWP rebuilding and repair company began operations in 1996 and has been a factory-authorized Genie refurbishment and repair center since 1999. Today, Phoenix Equipment Co. employs more than 140 people. John Carhart, founder, will continue with the company as it joins Terex Aerial Work Platforms.
Phoenix Equipment Co. provides repairs, painting, and annual inspections on all types of construction equipment • it does not sell or rent equipment. In addition to standard refurbishment and remanufacturing services, Phoenix Equipment Company will provide complete warranty repairs and customer unit repairs on Genie aerial work platforms.
According to Genie, this acquisition is a key resource for continuing growth and delivering value-added services for customers. “As the market has grown, so has the need for refurbishment,” said Tim Ford, president of Terex Aerial Work Platforms. “With this acquisition, Genie Industries will now have a dedicated facility to refurbish and remanufacture products to customer specifications.”
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