Custom Truck One Source, Inc. (CTOS-WT) NYSE
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Address
, DE
United States of America (the)
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Sector
Industrials
Industry
Rental & Leasing Services
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Headquartered in Kansas City, Missouri, Custom Truck One Source, Inc., established in 1988, is a prominent supplier of specialized equipment and related services crucial for infrastructure development. The company, which operated as Nesco Holdings, Inc. until its name change in April 2021, caters to a wide array of industries across the United States and Canada, including electric utilities (transmission and distribution), telecommunications, rail, forestry, and waste management. Its operations are divided into three principal segments. The Equipment Rental Solutions (ERS) division provides a comprehensive fleet of new and pre-owned specialty machinery for hire, encompassing truck-mounted aerial lifts, cranes, service and dump trucks, trailers, and digger derricks. The Truck and Equipment Sales (TES) segment focuses on selling new equipment, which can be tailored to meet the precise demands of various end-markets. Furthermore, the Aftermarket Parts and Services (APS) segment offers essential maintenance and repair services for trucks and equipment, alongside the rental and sale of specialized tools like stringing blocks, insulated hot sticks, and rigging gear, as well as a selection of specialized aftermarket components.