“Utility One Source delivered perhaps the most far-reaching announcement of the show. Chairman and CEO Chris Ragot officially rolled out the new company and its concept of uniting several regional equipment dealers and service companies into one large entity that can effectively offer equipment and service to utility industry customers from coast to coast and border to border across the United States. So far, five companies are being amalgamated into Utility One Source, but Ragot promises more acquisitions. The company plans to offer aerial equipment, ground-engaging machines, and all the accessories a utility company needs for its work. The company is backed by Blackstone Investment Group.”
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