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Custom Truck One Source Announces Opening of New Portland, Oregon Location to Serve Growing Demand

1. Custom Truck One Source opens new facility in Portland, Oregon. 2. Location enhances service capability in the Pacific Northwest. 3. Facility adds 12,000 square feet and six service bays. 4. Expansion supports long-term growth strategy in critical infrastructure. 5. Custom Truck's fleet includes over 10,000 specialized rental units.

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FAQ

Why Bullish?

The opening of a new facility signals growth potential and increased revenue opportunities for CTOS, similar to historical expansions boosting stock prices in infrastructure firms.

How important is it?

The expansion is significant for CTOS as it aligns with growth strategies, potentially increasing market presence and customer engagement.

Why Long Term?

The facility's operational value will compound over time, reflecting positively on revenue in the Pacific Northwest, as seen in prior expansions that resulted in increased market share for similar companies.

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XVEVUDRAZZ
- KANSAS CITY, Mo.--(BUSINESS WIRE)--Custom Truck One Source, Inc. (NYSE: CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets, announced today the opening of a new location in Portland, Oregon on June 1, 2025. The new facility will enhance Custom Truck's ability to better serve its customers in the greater Portland market and broader Pacific Northwest region. This location is situated on the Northwest side of Portland, adding 12,000 square feet of space and six service bays to the Company’s national footprint. "We are thrilled to announce the opening of our latest location in Portland, Oregon. This location will enable us to better serve customers and grow our business in the region," said Ryan McMonagle, CEO of Custom Truck. "Portland and the entire Pacific Northwest region have been on our expansion roadmap for several years and we are excited to execute on this step in our growth plan," McMonagle added. ABOUT CUSTOM TRUCK ONE SOURCE Custom Truck One Source is one of the largest providers of specialty equipment, parts, tools, accessories and services to the electric utility transmission and distribution, telecommunications and rail markets in North America, with a differentiated “one-stop-shop” business model. The Company offers its specialized equipment to a diverse customer base for the maintenance, repair, upgrade and installation of critical infrastructure assets, including electric lines, telecommunications networks and rail systems. The Company's coast-to-coast rental fleet of more than 10,000 units includes aerial devices, boom trucks, cranes, digger derricks, pressure drills, stringing gear, hi-rail equipment, repair parts, tools and accessories. For more information, please visit customtruck.com. More News From Custom Truck One Source, Inc.

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