Russell Equipment Inc. has been a key player in the used material handling and light construction equipment market since 1982. Operating with the slogan "Real Relationships. Real Performance. Real Simple.®," the company is a major player in buying, selling, and remarketing used material handling and light construction equipment, serving a wide range of clients nationwide and globally.
The company's focus on integrity, compassion, and evolution in its culture underscores its commitment to delivering quality service. With over 200,000 assets in its material handling equipment database, Russell Equipment offers accurate residual forecasting and portfolio recommendations, thus providing valuable guidance to its clients.
Russell Equipment also stands out in the industry with its acquisition capabilities, purchasing used equipment from single units to large fleets, and providing efficient asset sales for suppliers. The company's expansive facilities, covering over 500,000 square feet nationwide, allow for the storage, inspection, appraisal, and sale of equipment, minimizing freight and logistics costs.
The company's resale services, with a constantly updated inventory of over 2,000 pieces, offer comprehensive support to customers throughout the entire purchasing process, including selection, financing, and global shipping.
Although details of the last investment and associated investors are not available, Russell Equipment's strong industry presence and extensive capabilities make it a noteworthy and potentially promising venture for potential investors.