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Custom Truck One Source Opens New Location in Utah to Meet Growing Demand

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Custom Truck One Source, Inc. (NYSE: CTOS) opens a new location in Ogden, Utah, to cater to the growing demand in the Salt Lake City market and the broader Western region. The facility adds 10,000 square feet of space and five service bays, positioning itself as a sales and rental hub for various industries. The company aims to support the infrastructure development in the region and meet the needs of new and existing customers.

Custom Truck One Source, Inc. (NYSE: CTOS) inaugura una nuova sede a Ogden, Utah, per rispondere alla crescente domanda nel mercato di Salt Lake City e nell'intera regione occidentale. La struttura aggiunge 930 metri quadrati di spazio e cinque baie di servizio, posizionandosi come un centro vendite e noleggio per varie industrie. L'obiettivo dell'azienda è di supportare lo sviluppo infrastrutturale nella regione e soddisfare le esigenze di clienti nuovi ed esistenti.
Custom Truck One Source, Inc. (NYSE: CTOS) abre una nueva ubicación en Ogden, Utah, para atender la creciente demanda en el mercado de Salt Lake City y la región occidental más amplia. La instalación añade unos 930 metros cuadrados de espacio y cinco bahías de servicio, estableciéndose como un centro de ventas y alquileres para diversas industrias. La compañía tiene como objetivo apoyar el desarrollo de la infraestructura en la región y satisfacer las necesidades de los clientes nuevos y existentes.
Custom Truck One Source, Inc. (NYSE: CTOS)은 솔트 레이크 시티 시장과 서부 지역의 성장하는 수요를 충족하기 위해 유타주 오그던에 새로운 위치를 개설합니다. 이 시설은 10,000 평방 피트의 공간과 5개의 서비스 베이를 추가하고, 다양한 산업을 위한 판매 및 임대 허브로 자리를 잡습니다. 이 회사는 지역의 인프라 개발을 지원하고 새로운 고객과 기존 고객의 요구를 충족시키려는 목표를 가지고 있습니다.
Custom Truck One Source, Inc. (NYSE: CTOS) ouvre un nouvel établissement à Ogden, Utah, pour répondre à la demande croissante sur le marché de Salt Lake City et dans la vaste région de l'Ouest. Le site ajoute 930 mètres carrés d'espace et cinq baies de service, se positionnant comme un hub de ventes et de location pour diverses industries. La société vise à soutenir le développement de l'infrastructure dans la région et à répondre aux besoins des clients existants et nouveaux.
Custom Truck One Source, Inc. (NYSE: CTOS) eröffnet einen neuen Standort in Ogden, Utah, um der wachsenden Nachfrage im Markt von Salt Lake City und der gesamten westlichen Region gerecht zu werden. Die Einrichtung fügt 930 Quadratmeter Fläche und fünf Servicebuchten hinzu und positioniert sich als Verkaufs- und Vermietungszentrum für verschiedene Branchen. Das Unternehmen beabsichtigt, die Infrastrukturentwicklung in der Region zu unterstützen und die Bedürfnisse neuer und bestehender Kunden zu erfüllen.
Positive
  • Opening of a new location enhances Custom Truck's service capabilities and customer reach. The strategic location in Ogden supports utility infrastructure buildout in the region, reflecting market growth potential.
Negative
  • Expansion of facilities could lead to higher operational costs and potential risks.
  • Market demand fluctuations may impact the success of the new location in Ogden.

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Custom Truck One Source, Inc. (NYSE: CTOS), a leading provider of sales, rental and service for specialized equipment, announced today the opening of a new location in Ogden, Utah. The new facility will enhance Custom Truck's ability to offer its full range of equipment, parts and services to customers in the greater Salt Lake City market and broader Western region.

This location in Ogden, Utah, situated north of Salt Lake City, adds 10,000 square feet of space and five service bays to the Company’s national footprint. The facility will also serve as a sales and rental hub in the area, providing access to Custom Truck's full line of equipment for the electric utility, telecommunications, rail, forestry, refuse and vocational industries.

"We are excited to open our new location in Ogden and expand our presence in this market," said Ryan McMonagle, CEO of Custom Truck. "Salt Lake City was recently named as one of the fastest growing cities in the US. We look forward to assisting customers in the market with the equipment they need to build the infrastructure to support this growth. We believe this new location will serve as a strategic asset to support the utility infrastructure buildout taking place in the region over the coming years. We look forward to serving our existing and new customers in the region with all of the equipment they need to get the job done," McMonagle added.

ABOUT CUSTOM TRUCK ONE SOURCE
Custom Truck One Source is one of the largest providers of specialty equipment, parts, tools, accessories and services to the electric utility transmission and distribution, telecommunications and rail markets in North America, with a differentiated “one-stop-shop” business model. CTOS offers its specialized equipment to a diverse customer base for the maintenance, repair, upgrade and installation of critical infrastructure assets, including electric lines, telecommunications networks and rail systems. The Company's coast-to-coast rental fleet of more than 10,300 units includes aerial devices, boom trucks, cranes, digger derricks, pressure drills, stringing gear, hi-rail equipment, repair parts, tools and accessories. For more information, please visit customtruck.com.

INVESTOR CONTACT

Brian Perman, Vice President, Investor Relations

816-723-7906

investors@customtruck.com

Source: Custom Truck One Source, Inc.

FAQ

Where is Custom Truck One Source opening a new location?

Custom Truck One Source is opening a new location in Ogden, Utah.

What industries will the new location in Ogden serve?

The new location will cater to industries like electric utility, telecommunications, rail, forestry, refuse, and vocational industries.

Who is the CEO of Custom Truck One Source?

Ryan McMonagle is the CEO of Custom Truck One Source.

Custom Truck One Source, Inc.

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About CTOS

custom truck one source is the first true single-source provider of specialized truck and heavy equipment solutions. with sales, rentals, aftermarket parts and service, equipment customization, remanufacturing, financing solutions, and asset disposal, our team of experts, vast equipment breadth and integrated network of locations across north america offer superior service and unmatched efficiency for our customers.