JACKSON — Mitsubishi Caterpillar Forklift America Inc. (MCFA) has acquired Daily Equipment Company (DEC) of Jackson.
The price was not disclosed.
DEC has five other full-service branches in Mississippi (Biloxi) and Louisiana (New Orleans, Baton Rouge, Shreveport and Lake Charles).
Emmerson Daily, CEO and founder of DEC, said, “MCFA offers me assurance that Daily Equipment Company’s customers will continue to be treated well and that our employee family will be provided a stable and bright future. MCFA and Daily Equipment have grown successfully together since DEC began in 1985.”
The company will continue to operate as Daily Equipment Company, with no changes in leadership, staff or support, according to a joint release from the two companies.
As part of the transaction, DEC will drop the Crown brand in favor of the Cat lift trucks, Mitsubishi forklift trucks and Jungheinrich brands manufactured and distributed by MCFA.
MCFA has 127 authorized dealers covering 433 locations in North and South America today.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info