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Material Handling Headlines

JM Equipment Co. has acquired the former Sexton Chevrolet building in Spreckels Park with plans to consolidate its Modesto and Stockton operations in Manteca.

The firm is targeting a May 1 opening. They will have 80 employees at the Manteca location.

JM Equipment will be opening just 11 months after the federal government forced the closure of Sexton Chevrolet and killed a potential sale of the dealership while General Motors was temporarily under their control when bailout funds were injected into the nation’s largest auto manufacturing firm. The federal government wanted GM to shed dealerships and blocked the sale of any that were in trouble. Regardless of how strong the prospects there were for success. Sexton Chevrolet opened the $5M dealership with 32,000 sq. ft. in June 2003.

“We’re going to have the swankiest forklift dealership in the Western United States,” quipped Ray Azevedo, who is one of the six owners of the firm that sells and services farm equipment, forklifts, and material handling apparatuses from Yuba City to Bakersfield.

The other owners are Dave Baiocchi, Audie Burgan, Ed Henriques, Vincent Victorine, and Brian Wagoner.

Read the full story at mantecabulletin.com.

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