Commercial Equipment Services Companies
- HEPACO is an emergency response, industrial services, environmental remediation, and homeland security services company. We work with many well-known corporations in the transportation, communication, petroleum, energy, manufacturing, commercial, and institutional industries. Founded in 1984, we have successfully completed more than 26,000 projects. HEPACO is headquartered in Charlotte, North Carolina, with facilities in Atlanta and Augusta, Georgia; Birmingham, Alabama; Memphis, Blountville, Knoxville, Chattanooga, and Nashville, Tennessee; Norfolk, Richmond, and Fredericksburg, Virginia; Raleigh and Morehead City, North Carolina; Charleston and Greenville, South Carolina; Baltimore, Maryland; Pittsburgh, Bethlehem, and Philadelphia, Pennsylvania; Gloucester City, New Jersey; and Albany, New York.
- With cat-like reflexes, Caterpillar dealership HOLT Texas (dba Holt CAT) sells, leases, and services new and used Caterpillar equipment, engines, and generators through more than 20 locations across Texas, serving almost 120 counties. The family-owned dealership also carries spare parts and represents Challenger tractors, Lexion combines, and Olympian generators. Holt CAT buys and sells used equipment around the world, and it produces its own land-clearing equipment (Holt Land Management) and water tankers (Spray King). The company provides financing options that include rental programs and lease purchase plans (for both short and long terms) for its products. The decision by Congress in 2009 not to renew the federal highway program has caused historic volatility in the construction markets. The US government's highway department is doling out short-term extensions to the bill, which disallow states from planning projects, thus making it impossible for contractors to know how much work is going to be available in the future. According to Holt CAT, local equipment dealers, in some cases, have experienced a 70% drop in new machine sales from 2008 levels. In response to the recession, Holt CAT reduced its workforce by 25%; remaining employees have taken cuts in pay and benefits. The company has also had to dump inventory at a loss and cancel any plans for new store locations. Holt CAT has been front and center at Start Us Up USA! rallies -- a grassroots movement to get the message across to Congress regarding the crisis facing the construction equipment distributors and manufacturers across the US. In late 2010 the company announced that it would distribute RoadHog (formerly Zanetis Power Attachments) equipment. RoadHog products are used for milling asphalt or concrete for road repair and construction. With the addition of RoadHog branded equipment, Holt CAT will broaden its heavy construction customer base in a state with one of the largest highway systems in the US. Up until 2009, Holt CAT had been experiencing a boon of sorts, since rising oil prices increased demand for heavy equipment across the industries. After all, generators and engines are cheaper to rebuild than buy, so the company was expanding its service centers throughout Texas, including adding new facilities in Longview and San Antonio. Benjamin Holt planted the seeds for the company in the mid-1880s when he developed a horse-drawn harvester. Holt CAT adopted its current moniker in 2002.
- Commercial Equipment Services•more than 10,000 employeesLennox International makes sure the temperature is just right. The company makes climate control equipment such as heating, ventilation, air conditioning, and refrigeration (HVACR) units for residential and commercial uses. It sells furnaces, heat pumps, fireplaces, and air conditioners under such brands as Lennox, Armstrong Air, and Aire-Flo; chillers and condensing units are sold under the Bohn and Larkin names. Products are sold through some 7,000 dealers in the US and Canada. Lennox also owns and operates 100 service and installation centers. Lennox has operations in Asia, Australia, Europe, and South America. Named after inventor Dave Lennox, the company was founded in 1895. The company operates in four segments: residential heating and cooling, commercial heating and cooling, Service Experts (installation and service); and refrigeration. The residential business segment is its largest by sales (40%). That segment's sales declined by 5% in 2011 over 2010 due to several factors, including higher commodity prices on raw materials and components and the fact that federal tax credits were reduced on high-efficiency system replacements in the US and Canada. Lennox put its Service Experts business up for sale in 2012, but will keep the commercial service business called Lennox National Account Services (NAS). NAS accounted for about $80 million of Service Experts $529 million in 2011 sales. The company's refrigeration segment (about 25% of sales) increased in 2011 to some $805 million compared to $550 million in 2010. The gain in net sales was attributed to the acquisition of supermarket refrigeration equipment manufacturer Kysor/Warren from Manitowoc for nearly $140 million in 2011. Kysor/Warren contributed close to 40% to net sales in 2011. Its commercial heating & cooling segment (around 20% of sales) increased just over 10% in 2011 compared to 2010. Products like Energence and Strategos supported the increase in sales. The decline in residential HVAC equipment installations in 2011 affected the company's service experts segment (about 15% of sales) with net sales declining some 10% compared to the previous year. Overall, Lennox's net sales went up 5% to $3.3 billion in 2011 versus $3.1 billion in 2010 partly due to a recovery in the US residential market. The company also cut costs. It adopted lean manufacturing practices and worked to improve efficiency at certain facilities in order to reduce waste. Lennox also divested and consolidated some operations. In 2012 the company sold its Lennox Hearth Products business to private investment firm The Comvest Group in a cash deal. The company transferred its Iowa-based air conditioning operations to a new manufacturing facility it opened in Mexico so that it may more effectively compete, particularly in the Sun Belt region. Lennox also closed manufacturing plants in Illinois, South Carolina, and California. A dozen service centers also were sold in 2010. Internationally, Lennox is expanding its geographic footprint, especially in developing markets such as China. The company is increasing the size of its manufacturing facilities there in anticipation of growth in the cold storage market. The company currently has manufacturing locations in Germany, France, Brazil, and China. Australia and New Zealand are leading countries that support the company's wholesale distribution business, which in turn serves the refrigeration and HVAC industry.
- Commercial Equipment Services•1,001 to 5,000 employeesWith our commitment to SUSTAINABILITY AND COST SAVINGS, Pritchard has gone on to incorporate new technology and methodologies to hone our ability to deliver results no matter the facility or location.