ROMCO Equipment expands in Southwest with Sierra Machinery acquisition
ROMCO Equipment Co., a division of SMT, strengthens its position in the Southwest through the acquisition of Sierra Machinery, reinforcing its commitment to growth and long-term success. The deal, which closed on July 25, entailed the transfer of ownership of Sierra Machinery Inc. and its locations in El Paso, Texas, and Artesia, New Mexico.
Sierra Machinery, established in 1981 by Al and Maria Teran, is a leading full-service distributor of construction, mining, and industrial equipment, representing renowned names like Volvo Construction Equipment, Doosan, Gradall Excavators, Chicago Pneumatic, and more. The company’s proven excellence in the industry aligns with ROMCO’s core values.
“Sierra Machinery has been an employee focused company offering premium products and outstanding customer support for over 40 years. These core values align with ROMCO Equipment Co., and we are excited to welcome Sierra Machinery and their customers into the ROMCO family,” stated Steve Passmore, ROMCO’s president.
Maria Teran, former president and CEO of Sierra Machinery, will maintain a leadership role as ROMCO and Sierra Machinery integrate their operations. “We look forward to working hand in hand with SMT and ROMCO to continue the excellent service and products we have been known for 43 years. This Team effort will afford our employees and customers the security, sustainability, and long term assurances they deserve,” said Teran.
Having served the Texas equipment market since 1961, ROMCO is dedicated to providing high-quality equipment and products with unparalleled support across its 14 locations. This acquisition strategically expands its footprint, marking a significant step in its growth journey.
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