Ohio-based equipment dealer adds portions of Interstate Equipment dealership.
Company Wrench, headquartered in Carroll, Ohio, has acquired the demolition and scrap metal recycling assets of Interstate Equipment Co. of Lexington Ky.
Growing in a down market through acquisition has become Company Wrench’s focus, says Brad Hutchinson, the firm’s owner. “This is the time to increase our footprint,” he comments.
As a result of the agreement, Company Wrench will market its specialty demolition and scrap processing products in Kentucky and the Cincinnati metropolitan area. In addition, Company Wrench has recently established branch locations in Columbia, S.C. and Pasco, Wash., according to a news release from the firm.
With nine locations in different parts of the United States, Company Wrench is able to effectively sell, rent and service its products to its current and future customers, says Hutchinson.
Company Wrench, founded in 1999, specializes in providing demolition and scrap processing equipment and is a full-line dealer for LaBounty shears and processors, Terex excavators and wheel loaders, Terex Fuchs material handlers, Stanley hammers, Allied hammers, Young grapples and Rotobec grapples and clamshell buckets.