TYLER RENTAL, INC. TO ACQUIRE T&S WELDING, INC. BUSINESS AND ASSETS
April 28, 2016
T&S intends to transition ownership of its business and assets to Tyler Rental following completion of an expansion and remodel of the Tyler Rental Juneau facility located at 5295 Glacier Hwy. The privately owned companies hope to finalize their agreement on or before July 1st of this year. T&S will continue to operate its business from its current location until the ownership transition is finalized and the business can be moved to the Tyler Rental Juneau facility.
Tyler Rental in Juneau
“The purchase of T&S will increase the capacity and competitiveness of Tyler Rental in many ways, positioning Tyler Rental as the most significant supplier of welding and compressed gases and industrial supplies with retail operations throughout Southeast Alaska. Tyler Rental’s high level of service to customers, both existing and new, will remain a core value of the company as it expands its participation in the mining, industrial and construction markets in Southeast Alaska,” stated Tyler Rental President, Randy Johnson. “It is truly an honor for Tyler Rental to have this opportunity to carry on the traditional business that Russ and Caroline have worked so hard to build” said Johnson.
Since its inception in 1989 in Ketchikan, Tyler Rental has expanded and diversified its business to offer a full line of Tool and Equipment Rental Services and Industrial Supplies in Southeast Alaska, and the Northwest. Tyler Rental is pleased to expand its investment and position the Juneau Branch for long-term growth and sustainability.
“We see a tremendous opportunity here to work with Juneau and surrounding area residents and businesses to expand product offerings and strengthen our relationship with our customers” said Steve Kikendall, who has managed the Juneau Tyler Rental Branch since its inception in 1996.
Tyler Rental currently operates five locations in Southeast Alaska and one in Washington State. Its current Rental Equipment fleet consists of over 32,000 rental items ranging from small tools to large aerial and earthmoving equipment. The addition of T&S will increase Tyler Rental’s total Welding and Industrial inventory in Southeast Alaska to more than $2.5 Million Dollars. Tyler Rental customers include Homeowners, Construction, Mining, and Forestry businesses as well as commercial fishing fleets and workboats, along with Federal, State and Local government agencies.
T&S has a loyal clientele who have consistently looked to its staff for quality service and support for their welding and compressed gases, welding supplies, and steel and aluminum needs. Shivers will continue to support the business through the transition and for strategic and technical support. Under his guidance, T&S has become a highly trusted welding and industrial supply institution for Juneau and the surrounding areas. “His honesty, hard work, and integrity provided the foundation for an enduring business that Tyler Rental is proud to acquire”, said Johnson. Shivers will continue his fabrication business under the T&S name for specialty fabrication projects. He and his wife Caroline, who own Arctic Carpets look forward to the opportunity to focus on and grow their floor covering business and manage their real estate holdings.
Upon the final ownership transition, the welding gas and supply component of the T&S business will operate under the name of Tyler Rental, Inc. and day-to-day management oversight will transfer to Tyler Rental Branch Manager, Steve Kikendall.
Tyler Rental Inc. opened in Juneau in 1997 and moved to the current facility in 2006.
Tyler Rental was started in Ketchikan in 1989 as a full line rental equipment company. In 1994 a new 10,000 SF state of the art building was completed with increased shop & retail areas. In 2005, Tyler Rental purchased Panhandle Rigging and consolidated the retail portion of the business into Tyler Industrial Supply.
The Ketchikan store continues to develop systems and rental procedures that are in use today at all Tyler Rental locations.
Edited by Mary Kauffman, SitNews
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