NESCO Acquires Bethea Tool and Equipment, Expanding Product Portfolio

NESCO, a leading rental equipment and service provider for the utility, rail and communications industries, has acquired Bethea Tool and Equipment Co., a manufacturer of handline blocks, stringing blocks, bundle blocks and similar products used by electrical utilities and contractors worldwide for more than 50 years.
Nov. 2, 2017
2 min read

NESCO, a leading rental equipment and service provider for the utility, rail and communications industries, has acquired Bethea Tool and Equipment Co., 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’s manufacturing facility and distribution center in Brighton, Tenn. The location provides 60,000 square feet of warehouse and service space.

Bethea Tool and Equipment Co. will become part of NESCO’s Utility Equipment Outfitters division, making UEO one of the largest providers of block rentals, as well as new and used parts, tools and accessories in North America.

“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 CEO. “This acquisition expands our product portfolio, increasing our flexibility in meeting the purchase and rental needs of customers seeking high quality products.”

NESCO created the UEO division three years ago to offer parts, tools and accessories to utility, rail, communication and other specialized industries. The acquisition of Bethea 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,” said Bobby Allen, president of Bethea Tool and Equipment. “We look forward to a bright and prosperous future with NESCO as a partner to help grow our business.”

NESCO, based in Fort Wayne, Ind., is No. 22 on the RER 100.

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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