Thu September 05, 2024 – Northeast Version
Photograph courtesy of Stephenson Apparatus
(L-R) are Charlie Walsh, president; Brandon Klein, Adam Klein, Tom Schneider and Steve Franz, CFO.
Stephenson Apparatus (SEI), a number one supplier of development apparatus, public works apparatus and cranes in Pennsylvania and Upstate New York, has introduced its acquisition of Valley Provide & Apparatus in Maryland, Virginia and D.C. The purchase aligns with Stephenson Apparatus’s dedication to handing over top-notch provider and strengthen.
Consumers will now have the extra advantages of SEI’s overall sources, together with get right of entry to to the overall stock of apparatus, portions, apartment fleet and the extra provider technicians and product consultants.
Stephenson Apparatus President Charlie Walsh mentioned, “Valley Provide & Apparatus has constructed a name of robust buyer relationships and native experience within the development and asphalt trade, which pairs well with SEI’s core values of purchaser provider. This acquisition no longer most effective broadens our geographic succeed in but in addition strengthens our talent to supply even higher provider and strengthen in Maryland, Virginia and D.C. markets. We look ahead to welcoming the Klein’s and all of Valley’s Staff to the SEI staff.”
Past the larger advantages for patrons, with this acquisition Valley’s workers will develop into employee-owners of Stephenson Apparatus. SEI turned into an employee-owned corporate in 2023 and all full-time workers obtain ESOP contributions as an extra and impactful get advantages.
Valley Provide & Apparatus and its workers are a herbal have compatibility for SEI, the corporate mentioned. Along with increasing SEI’s footprint, Valley Provide and SEI percentage quite a few vital producers.
“Upon obtaining Valley, SEI will develop to 294 workers robust. We’re happy to be joined through the entire Valley workers and devote to supply them with the sources and alternatives to expand and be successful,” the corporate mentioned.
For more info, seek advice from www.stephensonequipment.com.
