NESCO LLC has acquired Bethea Tool and Equipment Co., a 50-year-old manufacturer of handline blocks, stringing blocks, bundle blocks, and similar products used by electrical utilities and contractors worldwide. The acquisition includes Bethea Tool and Equipment’s 60,000-square-foot manufacturing facility and distribution center in Brighton, Tenn.
Lee Jacobson, NESCO’s CEO, said, “This acquisition expands our product portfolio, increasing our flexibility in meeting the purchase and rental needs of customers seeking high quality products.”
Bethea Tool and Equipment Co. will become part of NESCO’s Utility Equipment Outfitters (UEO) division, making UEO one of the largest providers of block rentals, as well as new and used parts, tools, and accessories in North America. NESCO created the UEO division three years ago to offer these products to utility, rail, communication, and other specialized industries. The acquisition of Bethea Tool and Equipment expands NESCO’s ability to offer highly engineered and custom-designed products. NESCO will continue to offer service, support, and repair of all Bethea Tool and Equipment products.
“Bethea Tool and Equipment customers will continue to get the service they have come to expect, while allowing us to expand availability nationwide through NESCO’s sales, service, and supply network in North America,” said Kent Upton, president of Utility Equipment Outfitters.
Source: NESCO
