MH Equipment extends its territory

News Story
- 27 Sep 2018 ( #891 ) - Peoria, IL, United States
1 min read
One of Torrance Equipment's facilities
One of Torrance Equipment's facilities
MH Equipment, based in Peoria, Illinois, has assumed responsibility for Yale brand forklifts in Iowa and north western parts of Illinois from Cedar Rapids, Iowa-based Torrance Equipment. The acquisition means MH Equipment now represents both the Hyster and Yale brands in the Cedar Rapids, Des Moines, Dubuque, Mason City, and Quad Cities markets.

"Torrance, under Steve Gallagher's leadership, has been a successful Yale dealership for more than 20 years and has built a large and loyal customer base by providing integrity, outstanding value and unique solutions, which aligns well with MH Equipment," says John Wieland, CEO of MH Equipment. "(This) acquisition allows us to expand our dealership and product offering while developing new customer relationships within the Iowa and north western Illinois market."

In the transaction, MH is buying all the assets of Torrance and will become the Yale dealer for the territory. Joining MH Equipment will be more than 90 employees of Torrance, including almost 50 technicians. This acquisition puts MH Equipment at over 900 employees and almost 500 technicians, making them the largest Hyster and/or Yale dealer, in terms of technicians, in America.

MH began in Peoria in 1952 as a small forklift dealership, but has grown to become one of the largest and fastest-growing full-service materials handling providers in the United States. Since 1994, MH has grown organically and through acquisitions from a small company of 50 employees and three locations into an organisation composed of multiple dealerships with over 800 employees and 27 servicing locations throughout the Midwest.
Wolter buys A D Lift Truck
Wolter buys A D Lift Truck 3 Dec 2020 - Brookfield, WI, United States - 1 min read
Alta acquires YES in IL
Alta acquires YES in IL 17 Aug 2017 - Livonia, MI,, United States - 1 min read
Manitou buys into Australian dealer
Manitou buys into Australian dealer 8 Jun 2017 - Ancenis, France - 1 min read
Previously about:
Movers & shakers News Story - 30 Nov 2017 - 1 min read
Do you have materials handling news? Submit your news here

Use your high-impact banner on our high-traffic technical forum pages to promote your products, services, or career opportunities directly to forklift technicians and engineers.

Starting at just $396 (USD) for 100,000 impressions.

Since our launch in February 2005, Forkliftaction has been home to the leading global discussion forum for forklift technicians, attracting 98,000 visits every week.

Spaces are limited—contact us today!

Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager - Resonac Asia Pacific Pte Ltd.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Use your high-impact banner on our high-traffic technical forum pages to promote your products, services, or career opportunities directly to forklift technicians and engineers.

Starting at just $396 (USD) for 100,000 impressions.

Since our launch in February 2005, Forkliftaction has been home to the leading global discussion forum for forklift technicians, attracting 98,000 visits every week.

Spaces are limited—contact us today!

Showcased in the Virtual Expo

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Use your high-impact banner on our high-traffic technical forum pages to promote your products, services, or career opportunities directly to forklift technicians and engineers.

Starting at just $396 (USD) for 100,000 impressions.

Since our launch in February 2005, Forkliftaction has been home to the leading global discussion forum for forklift technicians, attracting 98,000 visits every week.

Spaces are limited—contact us today!