Rush Enterprises expands into Florida

Feb. 6, 2003
Peterbilt dealership Rush Enterprises has bought a group of Florida truck and trailer dealerships for $5.4 million in cash. San Antonio-based Rush has increased its truck dealer network to 38 locations in eight states with the acquisition of Orange County Truck and Trailers Inc., which operates three dealerships in the central Florida cities of Orlando, Haines City and Tampa. Rush, which posted revenues
Peterbilt dealership Rush Enterprises has bought a group of Florida truck and trailer dealerships for $5.4 million in cash.

San Antonio-based Rush has increased its truck dealer network to 38 locations in eight states with the acquisition of Orange County Truck and Trailers Inc., which operates three dealerships in the central Florida cities of Orlando, Haines City and Tampa.

Rush, which posted revenues of $784.3 million in 2001, said the Orange County dealership group had unaudited revenues of $59.1 million and pre-tax income of approximately $372,000 in the same year.

Chairman & CEO Marvin Rush added that the Orange County acquisition will help his company develop its first "foothold" in the eastern sunbelt state region for Peterbilt truck sales.

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Sean Kilcarr | Editor in Chief

Sean reports and comments on trends affecting the many different strata of the trucking industry -- light and medium duty fleets up through over-the-road truckload, less-than-truckload, and private fleet operations Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.

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