Preferred Acquires Distributor
July 1, 2006
Preferred Pump & Equipment recently acquired Waterways Distribution in Chico, Calif. Waterways, founded by Jim Love, sells line-shaft turbine pumps, motors, controls and all associated supplies for the irrigation industry.
“We gain a lifetime of experience with Jim and A.J. Love,” says Randy Lyne, president of Preferred. With Preferred, the former Waterways business already is expanding with the addition of a new larger location, more inventory and new machine tools.
Preferred Pump is a specialty wholesale distributor serving the professional water well driller and water well pump contractor. Preferred operates 29 locations in 12 of the United States, with its home office in Ft. Worth, Texas.