Nesco acquires N&L Line Equipment
10 July 2018
Indiana-based Nesco has acquired N&L Line Equipment from Poulsbo, WA which is near Seattle. N&L is manufacturer of products related to the live-line maintenance of electric utility lines.
Nesco customers will receive access to N&L’s tracking and reporting software, which shows the status or history of any order, repair or calibration in real-time, and communicates that status directly with the technician assigned to each individual team. This software is accessible anywhere, through any device with an internet connection.
N&L Line Equipment will become part of Nesco’s Utility Equipment Outfitters (UEO) division, accelerating growth to be an even more comprehensive resource for parts, tools and accessories for powerline professionals in North America today. In 2015, Nesco created the UEO division to focus on offering parts, tools and accessories (PTA) to the Utility, Rail and Communication markets, as well as other specialized industries. This acquisition will now make UEO a better rental, sales and online resource in providing all the PTA needs for these specialty markets.
“I was thoroughly impressed the first time I visited the N&L facility,” said Lee Jacobson, CEO of Nesco. ”It is a first-class operation Nick Bair has developed. The N&L package offers tools and services that are essential to satisfying today’s demands for servicing the utility grid. Our customers will certainly benefit from the acquisition.”
Kent Upton, president of UEO added, “The newly created partnership with N&L will add key elements to the UEO/Nesco offerings in products, services, as well as geographic coverage. N&L brings the same dedication to supplying first-in-class products and customer service as the entire NESCO organization. N&L is a great fit and will be a key element in driving Nesco’s vision of being a complete supplier to our current and prospective customers.”
Nichols Bair, former owner and president of N&L now vice president and GM of N&L commented; “Over the years, we have been able to grow our business to better support our customers. We were waiting for the right partner to establish our presence throughout the USA as well as the rest of North America. We feel honored and highly motivated to make this partnership a great success.”