Kansas City, Missouri, January 25, 2018 – Custom Truck and Equipment/Utility One Source (CTE) today announced it has formed a strategic partnership with Posi-Plus Technologies, the known manufacturer of quality telecommunications and cable placing equipment. Effective immediately, CTE will be the exclusive U.S. distributor for Posi-Plus cable placing equipment.

The partnership will allow both companies to better serve the telecommunications and cable contractor markets, delivering increased availability to inventory for sale and rent, new product lines, cradle-to-grave fleet support, and flexible financing solutions.

CTE will leverage the proven technology of Posi-Plus’ cable placer products to drive growth within the telecommunications and cable contractor markets. Posi-Plus will expand distribution of its performance-driven equipment through CTE’s network of integrated locations throughout the U.S., and in conjunction with CTE’s broad portfolio of equipment offerings. CTE and Posi-Plus will collaborate to deliver equipment innovations responding to the ongoing needs of the market.

“We are committed to changing the landscape of the telecommunications equipment market, and delivering unparalleled equipment solutions and service to its contractors,” said Fred Ross, CEO of CTE. “I am pleased to announce this new partnership with Posi-Plus, which will empower telecommunication companies and cable contractors to modernize their fleet operations and, in turn, work more efficiently.”

“This partnership with CTE will allow our USA customers to get access to our cable placer product through a company that can provide a high degree of service coast to coast,” said Christian Poudrier, President of Posi-Plus. “CTE is a great organization that is customer oriented, it was very important for us in our decision.”

Customers will benefit from CTE’s comprehensive portfolio of fleet solutions, encompassing the entire life-cycle of the equipment. CTE’s broad product offerings include new unit production, maintenance and repair, remounting and remanufacturing, trade-ins, equipment disposal, and now guaranteed liquidity of unusable equipment through CTE’s asset disposal services.

Telecommunication companies and cable contractors can further capitalize on the partnership with flexible, customized leasing and financing solutions through Custom Truck Capital.

This announcement with Posi-Plus is the latest milestone in CTE’s ongoing strategy to deliver superior equipment solutions to all heavy equipment markets it serves.

About Custom Truck and Equipment/Utility One Source:

Custom Truck and Equipment, a Utility One Source company, is eight companies in one: the first true single-source provider of specialized truck and heavy equipment solutions. From sales and rentals to manufacturing and aftermarket services, our team of experts, vast equipment breadth and premier integrated network of locations across North America offer superior service and incomparable efficiency for our customers. Dig in at www.utility1source.com and keep up with us on Facebook and Twitter.

About Posi-Plus Technologies:

Established in 1981, Posi-Plus Technologies Inc. is by mission a designer and manufacturer of aerial devices. Posi+’s commitment to extending performance is the motivation for everything we do. We achieve it through a combination of application-specific design, a range of options that boost productivity, and quality construction that surpasses industry standards. The result is the outstanding quality, reliability, durability, productivity and lower lifecycle cost of Posi+ products. For more information, please visit our web site.