TEC Equipment ‘Keeps On Trucking’ with Lathrop Dealership Expansion
This first-class Lathrop facility will be one of TEC’s 23 locations in Oregon, Washington, Nevada and California, serving a population base of more than 32 million people. TEC Equipment’s truck franchises include Volvo, Mack heavy-duty trucks, Hino and Isuzu medium-duty, and GMC light-duty commercial trucks.
Founded in 1976 by David A. Thompson, TEC is headquartered in Portland, Oregon and is the largest multi-point dealership group on the West Coast. This past June, TEC acquired the Wabash trailer franchises for all of Oregon, Washington and California.
The Lathrop TEC facility is on more than 24 acres with 47,000 square feet of building. At full operation, they plan to employ 50+ workers. The facility will house refrigerated, dry van and flatbed trailer sales in addition to used truck sales. They will have expanded parts inventories between $1.5 to $2.0 million as well as truck and trailer inventories above $5 million. Coupled with its existing truck and trailer leasing business, full truck and trailer shop services, TEC Equipment will offer a one-stop shopping for the trucking customer.
“We are very excited to be entering this market, and we look forward to continuing a good relationship with the City of Lathrop, which, through the guidance of Matt Browne in Community Development-Building Division, has been very responsive to work with in fast-tracking our facility remodel,” said TEC founder David Thompson.
“On behalf of the City of Lathrop, I want to thank TEC Equipemtn, Inc. for choosing Lathrop for their latest business expansion. We are exceptionally grateful to be chosen and we look forward to the job opportunities and economic benefits that this project will bring to our community,” said Lathrop Mayor Sonny Dhaliwal.
“San Joaquin USA has become a multi-modal hub for moving raw materials and goods throughout the Western U.S. Because of our regions proximity to large population centers of the San Francisco Bay Area, the Central Valley and Sacramento Valley, large distribution and e-fulfillment centers are attracted to our community. It is a natural fit for TEC to locate its truck equipment sells where the action takes place,” said Shelley Burcham, CEcD, Vice President, Client Services, of the San Joaquin Partnership.
The San Joaquin Partnership would like to thank its many partners that teamed to assist TEC Equipment, Inc. in choosing a location in San Joaquin County. These include staff at the City of Lathrop, San Joaquin County Environmental Health Department, Skip Vanderbundt & John Fondale – Cornish & Carey Newmark Knight Frank (Sacramento) representing the client and Mark Reckers (Lee & Associates) representing the property owner.