Skyworks Acquires Former Car Dealership Building in Troy, N.Y.

Aerial equipment rental specialist Skyworks has acquired a former automobile showroom in Troy, N.Y., the Albany Business Review reported.
Aug. 5, 2015

Aerial equipment rental specialist Skyworks has acquired a former automobile showroom in Troy, N.Y., the Albany Business Review reported. Skyworks Equipment Rental, Sales & Service bought Carbone Subaru’s former showroom for $2.125 million, the article reported.

The 35,770-square-foot building will house Skyworks’ Albany branch. The company plans to move into the much larger facility later this year, Albany branch manager Joe Raziano told the newspaper, adding that Albany is one of the company’s better markets.

Skyworks, a major player in aerial rental, has 11 branches, including Pittsburgh, Baltimore, Rochester and Syracuse, N.Y., and Knoxville, Tenn. Skyworks, No. 55 on the RER 100, is based in Buffalo, N.Y.

To read the full story, please visit: http://www.bizjournals.com/albany/morning_call/2015/08/construction-equipment-rental-company-buys-troy.html

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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