Custom Truck One Source Wins Capstone Real Estate Award
03 Abril 2024 - 7:36AM
Business Wire
Truck and heavy equipment leader Custom Truck
One Source wins Kansas City Business Journal award for $35 million
historical warehouse renovation on its headquarter campus
Custom Truck One Source, Inc. (NYSE: CTOS) was recently
recognized with a Capstone Award by the Kansas City Business
Journal for the Company’s $35 million renovation of a
220,000-square-foot warehouse located on the former site of Kansas
City’s Armco Steel plant, which is now part of Custom Truck’s
175-acre headquarter campus.
The renovated building was part of the historic factory that
closed in 2001 and which is now undergoing an overall adaptive
reuse transformation. Custom Truck revamped the building to house
its Fabrication & Crane Manufacturing; Paint & Powder
Coating; and Parts, Tools and Accessories departments.
The site, which has been used by various manufacturers since the
late 1800s, was taken over by Armco Steel in 1930 and approximately
4,500 were employed at the plant’s century-old warehouses,
including Building H, during its peak usage in the 1950s.
Today, Custom Truck employs close to 1,000 people on its overall
headquarters site and executives expect to add approximately 100
positions at Building H this year, including machinists, welders,
painters, assemblers, and materials operators.
The work is part of an ongoing renovation of Custom Truck’s
campus, which Company founder Fred Ross and his family purchased in
2005. Since then, Custom Truck has grown from 250 employees and one
location to a leading North American specialty truck and heavy
equipment provider with more than 2,500 employees in nearly 40
facilities.
Custom Truck last won a Capstone award in 2019 for the
renovation of a 119,000-square-foot production facility also from
the early 1900s.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240403091012/en/
Heather Bristow Director, Content Marketing
hbristow@customtruck.com
Custom Truck One Source (NYSE:CTOS)
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