Reading Truck Group Announces Acquisition of Caseco
Reading Truck Group has announced that it acquired substantially all of the assets of Caseco Manufacturing, Inc. and its affiliates.
Caseco, a current Reading distributor, is a well-established regional manufacturer and upfitter of service utility truck bodies and service crane bodies, with four facilities located in Oklahoma and Missouri. With the addition of Caseco, the number of Reading’s distribution and upfitting sites increases to 10 facilities in 8 states. Caseco also operated a manufacturing plant in Claremore, Oklahoma, where Reading will continue to produce service utility truck bodies and service and crane bodies.
“We are excited to acquire the strategic assets of Caseco, which will further Reading’s goal to establish a national organization for growth. The addition of these new capabilities and locations will expand Reading’s presence in the middle of the country and broaden its product offering,” said Tom Reynolds, President of Reading Truck Group.
In addition to expanding Reading’s national footprint and product portfolio, the acquisition of Caseco also increases Reading’s chassis pool allocation and produces a wide range of logistical service and freight benefits for Reading customers.
Reading Truck Group Is a wholly-owned business unit of J.B.Poindexter & Co., Inc. and a leading designer, engineer, manufacturer and marketer of service/utility truck bodies, as well as other vocational truck bodies and related truck equipment. The company’s headquarters and manufacturing facility are located in Reading, PA but it also operates six other company-owned installation facilities under Reading Equipment & Distribution.
Category: General Update
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