Thompson Pump Sells Rental Operations to United Rentals
07 March 2019
Thompson Pump & Mfg. Co., have sold their rental assets and related operations to the Fluid Solutions Group of industry leader, United Rentals. Having divested itself from the direct rental business, Thompson Pump plans to invest in and grow its pump manufacturing operations.
“This transaction allows us to focus intently on developing and manufacturing the industry’s best pumps and accessories and we are well-positioned for the next stage of our company’s evolution,” said company president, Bill Thompson.
Thompson Pump, a family-owned company that will celebrate its 50th anniversary in business this year. It provides products and engineering expertise for a multitude of applications such as dewatering, sewer bypass, wastewater management, temporary and permanent stand-by requirements, water supply and flood control in the areas of public works, construction, oil and gas, mining and more.
“By focusing on product development, manufacturing operations and growing our distribution network, both nationally and internationally, we now have the opportunity to improve capacity, increase efficiency and to support our customers even better than before,” said Thompson.
Image Credit: Thompson Pump