Because of new economic policies and the tax cut, Worldwide Equipment announced it has been able to initiate needed renovations to several locations, break ground on a facility in South Carolina and provide bonuses to all 1,100-plus employees. The company also is considering opportunities involving the purchase of an additional full-line truck dealership, expansion into new areas of South Carolina and the purchase of its first automotive dealership.
Prestonsburg, Ky.-based Worldwide Equipment is a network of heavy-duty truck dealerships, service centers and parts stores, serving brands such as Mack, Volvo, Kenworth, International and Hino. Worldwide Equipment operates more than 40 locations in Ohio, Virginia, West Virginia, South Carolina, Kentucky and Tennessee.