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Tag: Hewitt Equipment
Dealers
Canada’s Toromont sees 5% revenue increase in 2019
Canada’s Toromont Industries saw a 5 percent increase in 2019 over 2018 revenues and a 6 percent revenue increase in 4Q 2019. “Toromont delivered solid results in the fourth quarter and full year of 2019,” says Scott J. Medhurst, president and CEO. “The Equipment Group recorded growth across its expanded territory. Reflecting on the substantial […]
February 19, 2020
Dealers
Business Roundup: Superior expands General Equipment partnership; Deutz spreads Power Centers; Largest Cat dealer transaction; United Rentals buys Cummins power assets; Deere income soars
Superior expands partnership with General Equipment in Neb., Iowa General Equipment & Supplies, a Midwestern distributor of aggregate and construction equipment, has become an exclusive dealer for Superior Industries in Iowa and Nebraska. Superior has maintained a longtime partnership with General Equipment for selling and servicing its conveying equipment throughout the Upper Midwest. The expanded […]
September 12, 2017
Dealers
Canada’s Toromont tenders its largest Cat dealer transaction in Hewitt acquisition
Calling it its largest transaction ever, Toromont Industries of Canada has offered to purchase Hewitt Equipment, also of Canada, to create one of the larger dealerships in the Cat network. The deal, valued at 1.02 billion Canadian dollars, or about $814 million U.S., would allow Tormont to expand to 120 branches in Nunavut, Manitoba, Ontario, […]
August 29, 2017
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