interest in the business on multiple occasions. It was a risk for Ed, because he was coming from a secure job as a major accounts manager at a large company, and he didn’t have any debt – but he believed in Daequip so much that he secured several different loans and went all in. Fortunately, his bet paid off, and under his leadership the company has grown by leaps and bounds. When he took over, the company had five employees – now they have 40, and they have grown service markets all across Western Canada, the Pacific Northwest, and throughout the US. “When I purchased the business, it was like an older house that needed a good renovation,” Ed recalls. “The bones were solid, the foundation was there, but it really needed to be gutted and rebuilt – and that’s what we did.” Later this year, Daequip growth streak will continue as the company expands into a much larger facility located in Abbotsford on Queen Street, just off the Mt Lehman Exit. Ed says that move will enable the company to offer more services on their larger property. Today, Daequip’s customer base is predominantly OEM equipment dealers outfitting new machinery with Daequip products. At the same time, the company also services and supports large contractors, small contractors, and end users. Ed believes that all of those customer types are drawn to Daequip by their reputation: “The Daequip brand has grown to be recognized as a premium product and is often requested from equipment owners by name when they are purchasing new machinery,” Ed says. THE CONSTRUCTION SOURCE CANADA
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