Volvo CE Dealer TranSource Expands Territory in Western U.S.
In an asset purchase effective November 11, Tri-State Truck & Equipment Inc. transferred the leases and inventory at five dealership locations in Montana and Wyoming that cover most of those states plus the western panhandle of Nebraska to TranSource. The deal also includes Tri-State's Mack Trucks and Volvo Trucks dealerships.
With its construction equipment headquarters based in Sioux Falls, S.D., TranSource has been in business for more than 60 years. This acquisition brings the company to 10 total locations. In its new Montana and Wyoming territories, TranSource will offer articulated haul trucks, excavators, wheel loaders, rigid haulers, compact equipment, compactors and a variety of services. In Nebraska, it will have a full offering of general-purpose equipment and compact machines, but not compactors.
TranSource has been a Volvo CE dealer in the Midwest since 2017. This acquisition marks its second territory expansion this year.
"TranSource has been a strong and steady Volvo CE dealer, continuously meeting and exceeding market share,” said Scott Young, head of Region North America, Volvo CE. “This territory expansion provides customers with more inventory flexibility, access to a larger rental fleet and more service capabilities. We’re proud to see their continued success.”
“We’re thrilled to extend our footprint into these states, where many of our valued customers already do business,” said Dan Bland, president of TranSource. “With expanded coverage to 10 full-service dealerships across the region, we’re better positioned than ever to deliver the responsive support, parts availability and equipment expertise our customers rely on — no matter where the job takes them.”
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