Golden Equipment is a full-service heavy equipment dealership.
Power says customers in Colorado and New Mexico will have access to shared resources, including an equipment fleet, parts inventory and service offerings to better support their businesses.
As part of the deal, Power and Golden Equipment employees will be merged into Golden's Albuquerque and Farmington locations in New Mexico.
Additionally, Golden Equipment's branch in Durango, Colorado, gives Power a newfound presence in this market.
Power also has full-service facilities in Colorado, including Denver, Colorado Springs and Grand Junction, as well as in Casper (Wyoming) and Kansas City (Missouri).
Power Equipment president Will Ricketts says: "Golden Equipment has a great tradition of providing its customers with the highest quality equipment and services for more than 35 years and we're thrilled to be growing our business and joining forces with such an outstanding team. Together, we will deliver on our core values as dedicated, capable, team players. These values have been instrumental in building Power Equipment Company since 1936 and will resonate through this partnership."
Golden Equipment Company founder Bill Golden says: "We are very excited to become part of the Power Equipment Company family. This is a perfect fit for our loyal employees and customers throughout New Mexico and Southwestern Colorado. A win-win for all parties."