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NESCO LLC
NESCO Expands Block Product Offering with Acquisition of Bethea Tool and Equipment



November 3, 2017

NESCO, LLC has acquired Bethea Tool and Equipment Company, a manufacturer of Handline Blocks, Stringing Blocks, Bundle Blocks and similar products used by electrical utilities and contractors worldwide for more than 50 years. The acquisition includes Bethea Tool and Equipment's manufacturing facility and distribution center in Brighton, Tenn. This location provides 60,000 square feet of warehouse and service space.

"The acquisition of Bethea Tool and Equipment solidifies our position as the premier service and equipment provider in utility and specialty rental markets," said Lee Jacobson, NESCO's CEO. "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 Company 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 Parts, Tools and Accessories (PTA) 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.

 "The Bethea organization is excited about our opportunity to become part of NESCO. We look forward to a bright and prosperous future with NESCO as a partner to help grow our business," said Bobby Allen, President of Bethea Tool and Equipment.

About the Companies

NESCO LLC is a leading equipment and service provider for the utility, rail and communication industries, providing aerial devices, boom trucks, cranes, digger derricks, pressure drills, stringing gear, hi-rail equipment, repair parts, tools and accessories. NESCO maintains one of the industry's largest rental fleets and service networks in the country.

Utility Equipment Outfitters (UEO), a division of NESCO Rentals, is a one stop shop for parts, tools and accessories for the Utility, Rail and Communication industries. UEO provides total job-site solutions for safety accessories, auger rentals, hydraulic tooling, roping needs, and custom toolkits through NESCO's North American geographic footprint.

Bethea Tool & Equipment Company is one of America's top manufacturers of Handline Blocks, Stringing Blocks, and Bundle Blocks to the electrical utility and contractor markets worldwide for more than 50 years. Bethea specializes in manufacturing top quality, highly engineered products.

Media Contact
Holly Clabaugh, Marketing Manager
NESCO Rentals
260-353-1712
holly.clabaugh@nescorentals.com

For more information:

Organization:
NESCO LLC
www.nescorentals.com


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