Construction Equipment Guide
470 Maryland Drive
Fort Washington, PA 19034
800-523-2200
Tue October 01, 2019 - Midwest Edition #20
On Sept. 6, employees, customers and vendors gathered in Lynwood, Ill., to celebrate the 50th anniversary of Thoesen Tractor & Equipment.
The company was founded in 1969 when Peter Thoesen, who worked as a service manager at the local Caterpillar dealer, struck out on his own. A former customer urged the ace mechanic to purchase a service truck and work on his machines.
With service as its founding principle, Thoesen Tractor, was born and remains an independent service company for all makes and models of equipment.
When Thoesen, who had survived five years as a POW during WWII, suffered a stroke, his sons, Joe and Peter, helped out and together expanded the company to sales, service, parts and rentals.
"At the time, I was pursuing an accounting career, but my mother begged me to come help with the business," said Joe Thoesen. "It was baptism by fire."
The brothers expanded by acquiring other companies, and when his brother, Peter, left the company, Joe took over Thoesen Tractor.
By 2008, when the recession hit, a long-term survival plan was put into place.
"We sold our rental fleet of 130 machines, then helped customers sell their machines so they could survive," said Thoesen. "But survival is not a long-term business plan."
Heavy industry became the company's next pursuit, selling equipment to the steel making, scrap yard, demolition, recycling and environmental cleanup industries in the Chicago-Midwest area. This makes Thoesen Tractor & Equipment a year-round business.
"With the manufacturers we represent, our customers receive a lot of value," said Thoesen. "What has served us well is to always look at local, regional and world-wide trends."
Thosen Tractor & Equipment is an authorized dealer of Terex, Sany, ASV, LaBounty, Stanley and Buffalo Turbine. The company also specializes in component and full machine rebuilding, as well as service for all brands including Caterpillar, Terex, Komatsu, Hitachi and more.
For more information, visit thoesentractor.com. CEG