Fairchild Equipment announced that it has acquired the assets of Lift Truck Specialists in Menomonee Falls, WI. The expansion will allow Fairchild Equipment to provide additional convenience to local customers and house optimal building space to support its versatile products and service range.
In this expansion, Fairchild Equipment will be gaining valuable resources that will further aide their growth and endeavors in Southern Wisconsin. Fairchild Equipment will be increasing its space with an 18,000 sq. ft. building which will house its service department and provide additional office space to accommodate the growing number of staff. Additionally, the building is currently equipped with a paint booth and overhead cranes which will take heavy equipment servicing and refurbishing to a new level of customer service.
“We have grown over 50% since the acquisition over a year ago, which truly exceeded our capacity much quicker than expected,” said Van Clarkson, President of Fairchild Equipment’s Southern Division. “After initially proceeding well down the path to expand our current facility, this opportunity presented itself and we were able to facilitate this initiative very rapidly thanks to the cooperative seller, Minnesota Supply Company.”
Clarkson also said, “This acquisition allowed us to acquire many skilled and qualified employees of a business that had been in this market for over 31 years, along with a service facility that is first-class, fit-for-purpose, and right in our current back yard. Eventually, the buildings will be connected by a conjoined driveway to initiate a degree of convenience and will allow for continued growth for future expansion.”
Fairchild Equipment has built exceptional support in Waukesha County to greater serve its customers and the community. This expansion will help bring Fairchild Equipment one step closer to its goals of exceeding customer expectations by providing quality products and services. With the new ability to facilitate operations at a central location in Southern Wisconsin, Fairchild Equipment will be able to house a full rental fleet, provide a larger in-house servicing platform, maintain diverse parts inventory, hold larger on-site safety training courses and store new and used equipment inventory.
“We have an aggressive five year growth plan, be it via organic growth, additional lines to complement our Hyster-Yale offering, and of course through acquisitions,” said Gary Fairchild, Group President & CEO. “At the end of the day, if it allows us to better service our customers in Southern Wisconsin and brings more good people into our growing family, sign me up.”
With the newest manufacturer addition, and becoming an authorized Rail King Mobile Rail Car Mover distributor, Fairchild Equipment has become a comprehensive dealership of materials handling and heavy equipment. Supporting its main product manufacturer, Hyster, the company has established a footprint for many materials handling applications in Southern Wisconsin in all ranges of industry from food & beverage, foundries, industrial, paper, fuel & energy, warehousing, and more.