Kansas City, MO (2014)

Custom Truck

Investment

  • NMTC Amount: $6,664,000
  • Total Project Cost: $9,092,551

IMPACT

  • 10 FTE jobs
  • 50 construction jobs
  • 21,000 sq. ft. of real estate

CDEs

Investor

Project Description

Looking over the massive, bustling truck lots, it’s hard to imagine what the area might have looked like before Custom Truck & Equipment (CTE) took ownership. With some help from the KCMO CDE’s NMTC program, CTE was able to build a new 21,000 sq. ft. office as well as a new service facility, opening up opportunities for even more expansion of the already growing business. CTE sells, fabricates, modifies, services and finances vocational trucks, cranes and heavy equipment. It is the largest independent truck dealer and leasing office in the United States. With offices in Texas, Colorado and Wisconsin, they are headquartered at 7701 Independence Avenue in a blighted area near I-435. The company owns six buildings totaling 320,000 sq. ft. of space on 50 acres of land. Millions of dollars have been invested in the Kansas City location to build the company and help revitalize the community.

MAP

7701 Independence Avenue, Kansas City, MO 64125

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