12660 E Lynchburg Salem Tpke
Forest, VA 24551
Utility 1 Source Forestry · Industrial Property For Sale

One visit to this amazing facility is all it takes to understand why Blackstone L.P. wanted Forest Equipment of Virginia (“FEVA”) to be the showcase of the new Utility 1 Source (“UOS”) brand in the mid-Atlantic region. Spread over 23.27 acres of highly-improved land, the campus includes a 42,000 sq ft assembly plant, a 40,000 sq ft state-of-the-art fabrication facility, repair shop, and 5 large paint booths. Everything from the overhead cranes and thru bays, to the quality control center is geared to the single purpose of building the best aerial lift trucks in the industry. Plus, the secure lot provides the luxury to stock all major components, and an inventory of finished trucks for quick delivery! Located in Forest, VA (Bedford County) on SR 460, UOF is in the Lynchburg Virginia MSA and home to many of Virginia’s most active industries and employers (see enclosed MSA Report). All shipping and receiving at the facility is by truck transport and the location is a short 45-minute distance from the I-85 Corridor. UOS employs approximately 150 people at this facility working two shifts and services clients throughout the North American continent including Canada and Alaska. This location offers sales, rentals, parts and aftermarket services, remanufacturing and customized equipment to the transmission and utility distribution industries in a manner no company has ever achieved before.  Sellers are offering to guarantee the continued lease by UOS for up to five years commencing the close of a sale with a "repurchase option." This offer is based upon the continued growth of business in this location and the expressed confidence by UOS management in their continued uninterrupted operations at this location.