Custom Truck One Source Announces $42M Expansion in Kansas City Creating 200 Jobs
Custom Truck One Source is set to invest $42 million in a new manufacturing facility in Kansas City, creating over 200 jobs. This expansion aims to enhance the company's capacity in response to increasing demand for heavy equipment in sectors like utilities and construction.
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Custom Truck One Source plans to invest $42 million to expand its operations in Kansas City, including the renovation of a 174,000 square-foot site. This project is expected to create 200 jobs with an average salary of $81,000.
The company's revenue reached $2 billion after going public five years ago, employing around 1,000 in the Kansas City area and 2,500 total across North America. The expansion will include rail infrastructure to connect the main campus to the new site, potentially generating millions in new tax revenue over the next two decades. As the company grows, it aligns with trends in the power grid and electric vehicle sectors, indicating a strong market demand for its equipment.
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