List Your Equipment For Free  /  Seller Login

C.N. Wood Acquires Three Komatsu Dealerships Along I-84

Mon May 02, 2022 - Northeast Edition
C.N. Wood


(L-R): Gerry Carney Jr., executive vice president; Mike Crawford, regional parts manager; Carl Sherman, regional equipment manager; Mark Hufcut, general manager of product support; Kevin Keroack, general manager of sales; and Paula Benard, president, all of C.N. Wood.
(L-R): Gerry Carney Jr., executive vice president; Mike Crawford, regional parts manager; Carl Sherman, regional equipment manager; Mark Hufcut, general manager of product support; Kevin Keroack, general manager of sales; and Paula Benard, president, all of C.N. Wood.
(L-R): Gerry Carney Jr., executive vice president; Mike Crawford, regional parts manager; Carl Sherman, regional equipment manager; Mark Hufcut, general manager of product support; Kevin Keroack, general manager of sales; and Paula Benard, president, all of C.N. Wood.

A leading heavy equipment dealer based in Massachusetts, C.N. Wood has purchased three full-service dealer locations from heavy equipment manufacturer Komatsu, expanding C.N. Wood's reach and adding 60 employees.

The acquisition, which is the largest in the company's history, will expand C.N. Wood's footprint in the Northeast.

The deal involves acquiring assets of dealer locations in Newington, Conn., Pine Bush, N.Y., and Holmes, N.Y., and will make C.N. Wood a regional powerhouse with customer focused ideals stretching from upstate New York and throughout New England. These additions will provide distribution rights for Komatsu products and services throughout Massachusetts, Rhode Island, Connecticut and into New York State along the Hudson Valley all the way up to Poughkeepsie.

"This is a major milestone that will allow us to develop into a larger scale organization that remains rooted in a strong family business," said C.N. Wood President Paula Benard. "We've provided world-class service for over 50 years and our goal is to grow and build for another 50 years. This acquisition moves us smartly on that path."

With more than 100 years in business, Komatsu provides front-line industries with equipment and technology solutions to develop modern infrastructure, extract fundamental minerals, maintain forests and create consumer products. The company opted to sell the three dealer locations to C.N. Wood given its long history of working in collaboration on distribution.

"C.N. Wood and Komatsu share a people-first philosophy. We are constantly looking to empower and provide value to the companies that power society," said Grant Adams, VP & GM of company-owned distribution for Komatsu. "We are excited to see one of our longtime partners grow."

"Working on this with Komatsu has come naturally, following a long and fruitful relationship as partners with similar visions," said C.N. Wood COO and Executive Vice President Gerry Carney Jr. "We are most excited about welcoming 60 knowledgeable team members, growing our abilities to support our customers."

For more information, visit www.cn-wood.com and www.komatsustores.com.




Today's top stories

Louisville Pump Station Receives $230M Update

Amtrak Secures $112M in Federal Funds to Upgrade 13 Projects in Northeast Corridor

Hitachi Construction Machinery Wins Silver in 2024 Anthem Award

Turner Construction Leads $675M Concourse Project

Bobcat Celebrates Season of Giving With Volunteerism, Hurricane Relief, Philanthropic Support

MassDOT Plans to Replace Cape Cod's Sagamore Bridge With Two, Three-Lane Spans

HIPOWER Unveils T4F Mobile Power Models

Illinois DOT Celebrates Completion of I-55 Interchange Near Joliet, Shorewood


 







\\ \\ \\