Modern Group Announces Major Brand Realignment

Leading national distributor now represents 5 new manufacturers to better serve its material handling customers in Northeast and Mid-Atlantic geographies 

     (Bristol, PA) The Modern Group, one of the nation’s leading distributors of material handling, construction and power generation products announced today that it has chosen to realign its material handling business with 5 new manufacturers to better serve its customers. Modern has announced that effective Oct. 3, 2015 they will distribute:

•  Hyundai Construction Equipment Americas, a global industry leader in material handling and construction products.
• Clark Material Handling, which created the world’s first internal combustion powered industrial truck.
• Big Joe, electric lift trucks which are designed for simplicity, ease of use and reliability.
• Terex Port Solutions, offering a comprehensive portfolio of state-of-the-art cargo handling equipment port management software and logistics solutions.
• Konecranes Lift Trucks, a leading manufacture for bulk handling operations specifically in container terminals and port operations.

     “In choosing these five manufacturers, we believe our product offering better reflects the needs of our customers”, said Paul Farrell, Modern Group, President and CEO. “We have spent the last 18 months researching the future of material handling and we believe we have chosen like-minded material handling manufacturers whose product and innovations are world class. Hyundai, Clark, Big Joe, Terex and Konecranes not only provide innovative engineering solutions now, but more importantly for the future. The choice of these manufactures positions us to expand our distribution area from Boston to DC in the near future. Our new affiliations will benefit our customers and the material handling industry as a whole.”

     “Most importantly, Modern will continue to provide exceptional service and quality parts to all current customers. Our repair and parts resources have been enhanced and our growing tech workforce is experienced with all brands. Our current customers are well provided for and we will continue to provide best-in-class service”, Farrell added.

About Modern Group, Ltd

Celebrating its 70th anniversary in 2016, is one of the nation’s leading equipment distributors, provides sales, leasing, short term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses serving Pennsylvania, New York, New Jersey, and Delaware. For more information visit http://www.moderngroup.com/.

Modern Equipment & Supply Announces Dealership Agreement With Manitou Americas, Inc.

Leading Equipment Distributor Expands Offerings With Mustang Compact Equipment, GEHL Wheel Loaders and Manitou Rough Terrain Telescopic Handlers.

Bristol, PA - Modern Equipment & Supply will represent the Mustang line of compact dirt and mini-excavation equipment in its territories of Eastern Pennsylvania and New Jersey. Mustang, a division of Manitou Group, manufactures an impressive selection of compact loaders, made in America – and offers a complete line of compact excavators. 

These machines cover a wide assortment of application types and includes the largest capacity, true vertical lift skid steer loader on the market. Modern's customers will also have access to the full line of Manitou rough terrain telescopic handler products and GEHL wheel loaders.

"We are excited to have a partner in Manitou Group which shares our core beliefs of quality, value and integrity" said Rick Nelson, Vice President and General Manager of Modern Equipment & Supply. "The Mustang line's legendary reliability, solid product support capabilities and low cost of ownership bring an excellent value proposition to the end user."

“We are proud to enter into a partnership with Modern Equipment,” said Eric Burkhammer, Eastern Regional Sales Manager for Manitou Americas, Inc. “Working together with Modern Equipment, we will ensure that equipment owners and operators have the best products and support to advance everyone’s performance to its maximum potential.”

Interested customers can contact Bob Pelouze at 609-685-4581 to arrange demonstrations of Mustang, GEHL, and Manitou equipment at their job site by a Modern representative. Parts for all equipment will be available through Modern Central Parts at 1-800-494-9596.

About Manitou Americas, Inc.
Manitou Americas, headquartered in West Bend, Wisconsin, is the combined organization of previous Manitou North America and Gehl Company activities in America. It hosts the Sales & Marketing teams for North America (supporting the GEHL, Manitou, Mustang and EDGE brand names and their respective dealer networks) and is the home of the Compact Equipment Division with state-of-the-art R&D and manufacturing facilities in Wisconsin, South Dakota and Texas. For more information visit www.manitou-group.com.

About Modern Group, Ltd
Modern Group, one of the nation’s leading equipment distributors, provides sales, leasing, short term rental, service, parts, training and financing solutions through its forklifts, power systems, arborist, construction, and warehouse products businesses serving Pennsylvania, New York, New Jersey, and Delaware. For more information visit http://www.moderngroup.com.

Daryl Hull Rejoins Modern Group As A Warehouse Products & Integrated Systems Representative

Leading Material Handling Company Adds Representative With Experience With Cutting Edge Solutions for Customers 

Bristol, PA

Modern Group's Integrated Systems Division is proud to announce Daryl Hull's return as a sales specialist for Berks, Cumberland, Dauphin, and Lebanon Counties. Mr. Hull has over 40 years of material handling industry experience, including 28 at Modern Group, and most recently with LTW Intralogistics specializing in automated warehousing solutions.

"Daryl's decades of experience with warehouse products and integrated systems will be a vital asset to Modern Group" said Don Sherow, Senior Vice President of Sales. "He understands that customers are focused on condensing and consolidating their operation to deliver the best return on investment. Their questions are no longer about how each square foot in their facility is being utilized, but how each cubic foot is factoring into their business's success." Mr. Sherow went on to say that Daryl Hull will be an invaluable resource to Modern's customers in answering that question with "state of the art" storage racking, dock leveler and doors, destratification fans and more.

Customers can contact Daryl Hull at 717-515-0737 or hulld [at] moderngroup.com.

About Modern Group
Modern Group, one of the nation’s leading equipment distributors, provides sales, leasing, short term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses serving Pennsylvania, New York, New Jersey, and Delaware. For more information visit http://www.moderngroup.com/.

Modern Group Welcomes Craig Lepre, Todd Purvis, Jim Wark and Bob Weaver to Forklift and Warehouse Products Sales Teams.

Leading Material Handing Company Expands Service to Forklift and Warehouse Customers With The Addition of Four New Sales Team Members.

Modern Group has announced the recruitment of four new sales representatives in key regions served by the organization. Three of these new representatives, Todd Purvis, Jim Wark and Bob Weaver, will be dedicated to supporting the sale of new and used Hyster forklifts in the Burlington County, Montgomery County, and Lehigh Valley markets respectively. Craig Lepre joins Modern's Warehouse Products team to support facilities in the Lehigh Valley with their needs from loading docks, doors, storage racking and more.

“The growth of customer demand drove this move” said Don Sherow, Senior Vice President of Sales at Modern Group. “Beyond their experience and expertise comes an attention to detail towards the needs of each customer which is absolutely paramount in our business." Mr. Sherow went on to say that each sales representative at Modern is backed-up with support in engineering, finance options, and a strong service team.

To speak with your Modern Sales Representative please call 800-8-MODERN or submit a Contact Us or  Equipment Lead Request.

About Modern Group
Modern Group, one of the nation’s leading equipment distributors, provides sales, leasing, short term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses serving Pennsylvania, New York, New Jersey, and Delaware. For more information visit http://www.moderngroup.com/.

Hyster W40s Help New Jersey Agricultural Society Serve Community.

The New Jersey Agricultural Society uses several Hyster W40z Walkies to manage and deliver fresh produce donated by farms, grocers, and wholesalers to the community.

This particular delivery was to the Holy Cross Church in Trenton, NJ. The New Jersey Agricultural Society delivers food to this church every week, year-round, thanks to the generous support of Wakefern Food Corp.

Modern  is proud to support our customers so they can serve those who depend on them.

Eric Walker Joins Modern Group as Director of Parts Operations

Leading Equipment Provider Invests in New Parts Inventory and Management Resource for Central Parts and Branch Parts Departments to Deliver Exceptional Customer Service Experience.

Bristol, PA

ModernGroup has announced the hiring of Eric Walker as the organization’s new Director of Parts Operations. He comes to Modern with over 34 years’ experience in the parts management industry, including 20 years as Parts Director for one of the highest volume Toyota Parts dealerships in the United States.

Eric will be directly involved in the procurement, logistics, and sale of parts inventory. Together with each member of the parts division, Eric will work to ensure complete satisfaction of our lift truck, construction, arborist, power systems and warehouse customers.  

“Eric has an exceptional understanding of the parts business.” Said Paul Farrell, President and CEO of Modern Group. “He has a clear vision of how Modern can best support our customer base and has the attention to detail necessary to insure we are producing the most value for our customers with each step we take.”

“I am looking forward to taking an already successful parts division to the next level” said Eric. “Our goal is to be the best in the industry for each facet of our operation, and with the dedication of each owner of Modern, I have no doubt we will achieve this.”

Eric is a graduate of Burlington County Institute of Technology. He currently resides in Burlington County with his wife and 2 children.

About Modern Group
Modern Group, one of the nation’s leading equipment distributors, provides sales, leasing, short term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses serving Pennsylvania, New York, New Jersey, and Delaware. For more information, visit http://www.moderngroup.com/.

Modern Keeps Customers Rolling Through Ice and Snow

At our foundation Modern is built for challenge, we seek it out and we conquer it. We do this because we have a purpose, to serve those who look to us. There is not a day that goes by where this is not true, demonstrated 300 fold by everyone who turns a wrench, answers a phone, or hits a key. But there are times which stand apart and brings it all into sharp focus.

We are built for times like this.

February's ice storm cut a swath of disruption all too familiar to this region. Like Hurricane Sandy before it, the staggering task at hand was met with stern resolve and brilliant execution by the men and women of Modern.

Modern Power Systems was first on the front line. Coordinating service, moving inventory, sorting through requests for help coming from every direction and source. Bristol’s reorganized pole barn proved invaluable as Generac stock was placed right next Power System’s building. Customers could drive up, load up, and leave…by any means necessary:

There are countless stories of folks directly served out of Bristol, but one we’d like to draw special attention to occurred late in the day Wednesday. A man by the name of Joe Behrle of Behrle Construction pulled up in his truck and came into the Power Systems office. He had driven all the way from Media, PA where his business is located. He’d been searching for a backup generator for his company, spoke to Rosalie that afternoon, and was now able to get his hands on a Generac portable unit. The team pulled it down in the barn for him, but to his concern it required assembly before he could start it.

Right then and there, without being asked, Roy Hoover and Cody Matthews split open the box and began putting it together right there in the barn. Everything was checked out, primed, and place in the back of Joe’s truck, ready to roll. He was overwhelmed with the level of service and professionalism Modern brought to his side.

With all the phones ringing off the hook, with all the customers preparing to drop far more money on our services than he had just done, we took the time to make sure he was taken care of without a moment’s hesitation.

After the surge in Power Systems comes another, chippers and grinders. Modern’s Equipment & Supply sales, service, and parts teams are working around the clock to make sure our customers are able to take care of their customers:

Look no further than what happened this afternoon in Bristol. Longtime customer Bill Johnston is the owner of William Johnston & Company in Haverford, PA. The company has been in business since 1929, and this week is shaping up to be one of the busiest in its history. He needed reinforcements to tackle the army of downed trees throughout Delaware County, so he came to the people he trusted: Ron Dortone Sr. and Jr.

It took a 4x4 truck, a track loader, and a lot of muscle to extricate the Bandit 250xp from winter’s grasp, but the Dortones understood that the quicker Bill got that Bandit hitched, the quicker Bill’s customers would be taken care of. As soon as the chipper was on the main drive Bill pulled up his pickup, signed the papers, and drove off to his jobsite.

We are made for times like this because we know our drive, purpose, and reputation are born in fire. When our customers need us most, we keep them rolling.

Paul Farrell Promoted to CEO/President of Modern Group

Transition of management at Modern Group with ascension of Paul Farrell CEO planned for May 1.

Bristol, PA (March 27, 2013)
Modern Group, one of the nation’s largest material handling, forklifts, construction equipment, and power systems distributors announced the appointment of Paul Farrell as CEO & President effective May 1, 2013. Paul had previously been named President in November 2012. Dave Griffith, who had been Chairman/CEO will retain his role as Modern Group Chairman.

“The promotion of Paul to CEO is the natural evolution of a plan that has been in place for several years. Paul’s leadership is extraordinary and as a team we’ve successfully managed the company through the recent recessionary years. Our future is strong and Paul is a great choice to be the 3rd CEO in our 67-year company history”, said Dave Griffith, Modern Group Chairman.

“Working with Dave has been an invaluable experience in learning all the facets of Modern’s business. His business acumen is second to none and his continued role as Chairman allows us the opportunity to continue to assess his experience”, said Paul Farrell. “Dave has been at Modern since 1992 and has managed the company during years of major change in all areas of the industry. We have been fortunate to have had him as the leader, and he will continue to provide his wisdom as our Chairman. The future opportunities are limitless for Modern and we are well positioned to achieve future success. Our performance this fiscal year is strong and the future is very bright”, he added.

Paul Farrell had joined the company in 2004. Paul is a Rutgers University graduate and is a Six Sigma Black Belt. He lives in Medford, NJ with his wife, Denise, and three children.

About Modern Group 
Modern Group is one of the nation’s leading equipment distributors provides sales, leasing, short term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses serving Pennsylvania, New York, New Jersey, and Delaware. For more information visit http://www.moderngroup.com

Modern Group Opens New 'Sandy Relief' Branch in Brick, NJ

Brick, NJ (January 28, 2013)
Modern Group, one of the nation’s leading distributors of fork lifts, construction equipment, warehouse equipment and power systems, announced it has opened a new branch in Brick, NJ focused to help those in need from the recent superstorm Sandy. The new branch is located at 96 Mantoloking Road in Brick, NJ and the phone number at the new branch is 732-484-8491.

“The needs of our customers and the communities we serve in Monmouth & Ocean Counties are paramount,” said Paul Farrell, Modern Group President. “We were committed to responding day one with our service and power business and wanted to have a branch in the middle of the hardest hit areas to serve the communities in greatest need.”

In late 2012 the Modern Group in concert with its partners at Bandit, Generac, Hyster and Terex, had also spearheaded a relief effort, “Sock it to Sandy”, providing new socks, hats and gloves to the Salvation Army in New Jersey for distribution to those in need. “The Modern Group has helped to make children, moms and dads, extended families and homeless folk a little warmer, a little drier and a lot more loved,” said Major Betzann Carroll, Salvation Army.

Modern Group is one of the nation’s leading equipment distributors provides sales, leasing, short term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses. Modern is a 100% employee-owned ESOP with more than 320 owners serving Pennsylvania, New York, New Jersey, and Delaware. For more information visit http://www.moderngroup.com 

Blown Away: Dealers Dive In to Help Sandy-Struck Region from

December 2012 Edition of Construction Equipment Distribution

Blown Away: Dealers Dive In To Help Sandy-Struck Region

Paul Farrell Promoted to President of Modern Group.

November 1, 2012

Bristol, PA headquartered Modern Group, one of the nation’s largest material handling, construction equipment, and power systems distributors announced the appointment of Paul Farrell as President and Chief Operating Officer of Modern Group Ltd and a director of the company effective immediately.

Dave Griffith, Modern’s Chairman and Chief Executive Officer commented, “Paul has done an outstanding job for Modern as Chief Operating Officer in working through the business issues of the recession of the past few years. He had led our restructuring efforts and has positioned the company for growth. His promotion to President recognizes his accomplishments and sets the stage for Modern’s leadership for years to come. I look forward to working together with Paul in his new role”.

“I am honored to be named President of the Modern Group. Modern has a history of performance during its more than 65 year history. Modern people are second to none in our business segments. I look forward to focusing on our #1 goal—continuing to do a great job for our customers”, said Paul Farrell, Modern’s new President.

Prior to his promotion, Paul Farrell was most recently Chief Operating Officer and previously was President of Modern Power Systems and had joined the company in 2004. Paul is a Rutgers University graduate and is a Six Sigma Black Belt. He lives in Medford, NJ with his wife, Denise, and three children. 

With more than $100 million of collective annual sales, Modern Group provides sales, leasing, short-term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses. Modern is a 100% employee-owned ESOP with more than 320 owners serving Pennsylvania, New York, New Jersey, and Delaware. For more information visit www.moderngroup.com

A Modern Customer is a Satisfied Customer

91% Customer Referral Rating is an All Time High

In a recent customer satisfaction survey conducted by an independent marketing firm, 91% of Modern customers were extremely/very likely to recommend Modern Group to friends and colleagues*.

This survey is part of an ongoing Modern Group initiative to measure customer satisfaction. The research is derived from a panel consisting of more than two thousand customers annually measuring customer satisfaction.

"While 91% customer referral rating is extraordinary, we won't be happy until we achieve 100%", said Paul Farrell, COO at Modern Group. "Regardless we are appreciative of the high ratings our customers give us and the confidence that they have placed in Modern. We seek to repay that confidence every day.The most important thing we need to do is to serve our customers well across every aspect of our business from sales, service, parts, rental and training. We seek excellence in every area. And we are proud that many of our customers feel we are delivering. But again, we can not rest on our laurels. We know we are only as good as our last sale and interaction." Farrell added.

With more than $100 million of collective annual sales, Modern Group provides sales, leasing, short-term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses. Modern is a 100% employee-owned ESOP with more than 320 owners at ten locations serving Pennsylvania, New Jersey, and Delaware. For more information visit www.moderngroup.com

 

Modern Group Launches Innovative Web Site

Modern Group launches site laden which specials and offers to add value to Modern Customers

Bristol, PA (PRWEB) July 25, 2012

The Modern Group, one of the nation’s leading distributors of material handling, warehouse products, construction and power generation products, service and parts announced the launch of a next generation web site designed to provide its customers more value through the creation of more specials and information. The new site created by Commercial Web Services is designed for easy navigation, greater feature of product specials and make it even easy for Modern customers to do business.

“Our internet business has already been an important part of our overall business. Furthermore as with all industries more and more customers seek information and want to do transactions directly through the web. We are committed to helping our customers do business with us in any way that works for them”, said Paul Farrell, Modern Group, COO. “As part of our commitment, earlier this year we brought back Rob Carcione to Modern as to spearhead Internet Sales. Our new web site launch is the next phase which allows customers easier navigation and increased specials”, he added.

About Modern Group
With more than $100 million of collective annual sales, Modern Group provides sales, leasing, short-term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses. Modern is a 100% employee-owned ESOP with more than 320 owners serving Pennsylvania, New York, New Jersey, and Delaware. For more information visit http://www.moderngroup.com

Modern featured on CNN's "Your Bottom Line" for their commitment to hiring veterans

One company is taking the "help wanted" sign to the next level to hire veterans coming out of Iraq and Afghanistan.

Rob Carcione Returns to Modern Group as Internet and Inside Sales Representative

Bristol, Pa.—May 1, 2012—Modern Group, a leading distributor of material handling products, construction equipment, and power generation products, announced that Rob Carcione has returned to the Modern Group in the newly created position of Inside Sales & Internet Sales Representative.

“I am thrilled to return to Modern. Modern is moving forward and their creation of this new role reinforces their commitment to a leadership position in using technology to help our customers”, said Rob Carcione. “Modern is ahead of the curve, and I am happy to contribute”, he added.

“Rob’s return is a wonderful thing for Modern. Rob is part of the fabric of our company. We have committed to a greater role of internet sales and, when we created the position, we all believed Rob was the ideal candidate given his previous role as marketing manager at Modern”, said Paul Farrell, Chief Operating Officer.

About Modern Group
With more than $100 million of collective annual sales, Modern Group provides sales, leasing, short-term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses. Modern is a 100% employee-owned ESOP with more than 350 owners at ten locations serving Pennsylvania, New Jersey, and Delaware. For more information visit www.moderngroup.com 

Modern Group Awarded Expanded Territory in Northern New Jersey

Bristol, Pa.—March 12, 2012—Modern Group, Ltd., a leading distributor of power generation products, construction equipment, and material handling products, announced that Generac Power Systems recently awarded them with additional market area responsibilities in Northern New Jersey. Generac is a leading designer and manufacturer of power generation systems. The award reflects a track record of success as a Generac Industrial Power dealer and Modern Group’s commitment to providing outstanding sales and service of Generac products to all of New Jersey.

“Assigning this new market responsibility to Modern Group was a logical choice,” said Jeff Slayton, northeast regional development manager, Generac. “Not only do they have the overall capacity, facilities, and presence across New Jersey, but they have demonstrated a real commitment to growing their business. Modern Group is a key distribution partner of Generac Power Systems, and this extension of their territory is exciting for us both.”

Modern Group provides Generac backup power solutions for residential, commercial, and industrial applications—from as small as 3 kilowatts all the way up to 9 megawatts. They also have electronically dispatched technicians who are certified by both Generac and the Electrical Generating Systems Association (EGSA), as well as a fully stocked parts department.

 “Modern Group is thrilled to expand our relationship with Generac,” said John McClure, general manager, Modern Group Power Systems. “We see tremendous opportunities for the growth of backup power across New Jersey. We look forward to working with Generac in this new capacity.”

Modern Group has locations in Edison and Hasbrouck Heights to serve Northern New Jersey. Headquartered in Bristol, Pa., they have ten locations serving New Jersey, Pennsylvania - east of State College, and New Castle County, Del.


About Modern Group 
With more than $100 million of collective annual sales, Modern Group provides sales, leasing, short-term rental, service, parts, training and financing solutions through its forklifts, power systems, construction, and warehouse products businesses. Modern is a 100% employee-owned ESOP with more than 350 owners at ten locations serving Pennsylvania, New Jersey, and Delaware. For more information visit www.moderngroup.com 

About Generac (NYSE: GNRC)
Since 1959, Generac has been a leading manufacturer of backup power generation products serving industrial, light commercial, and residential markets. Generac power systems range in output from 800 watts to 9 megawatts, include a complete line of automatic transfer switches, and are available through a broad network of independent and industrial dealers, retailers and wholesalers. For more information on Generac and its product line, please visit www.Generac.com. Follow Generac on Twitter @generacpowersys. Become a fan on Facebook at www.facebook.com/generacpowersystem. 

Modern Group Expands its Bandit Territory

March 9, 2012

Modern Group, a leading distributor of construction, material handling and power generation products, announced that effective immediately Bandit Industries, a leading supplier of brush chippers and stump grinders, has awarded additional territory to the Modern Group. The Modern Group had already handled sales in the 5-county Philadelphia region, and in Central New Jersey. Modern’s new responsibilities and
territories will include Bandit sales, parts & service in Southern New Jersey including Burlington, Mercer, Ocean, Camden, Gloucester, Salem, Cumberland, Cape May and Atlantic counties.

“We are extremely excited that Modern will now be handling this new area and are confident that Modern will succeed with an expanded relationship”, said Jason Morey, Sales Manager, Bandit Industries.

“Modern had already been one of the leading Bandit dealers in the U.S. and we are proud to represent their products in the expanded geography”, said Paul Farrell, COO, Modern Group. “Our sales effort will be led by Bob Pelouze as the Field Sales Manager and Paul Van Nocker as the Bandit Product Support and Service Manager”, he added.

Bandit Industries, Inc. is one of the largest manufacturers and suppliers of hand-fed brush and wood chippers, whole tree chippers, and stump grinders. For more information visit, www.banditchippers.com 

Modern Group - With more than $100 million of collective annual sales, Modern Group provides sales, leasing, short-term rental, service, parts, training and financing solutions through its Forklifts, Power Systems, Construction, and Warehouse Products businesses. Modern is a 100% employee-owned ESOP with more than 350 owners at ten locations serving Pennsylvania, New Jersey, Delaware and New York. For more information visit, www.moderngroup.com 

PNC Provides $22 Million Revolving Facility for Modern Group

PHILADELPHIA, July 18, 2011 – PNC announced today a $22 million senior secured revolving credit facility for Modern Group, Ltd., a leading distributor of forklifts, warehouse products, construction equipment, generators and stand-by power generation based in Bristol, Pa. 

Modern Group sought the financing to fund, in part, growing customer demand for inventory and services, along with potential future acquisitions and ongoing working capital and liquidity needs. 

“We are impressed with PNC’s deep understanding of our industry,” said Dave Griffith, chief executive officer, Modern Group. “They have the products and services our company needs, and deliver them with a level of personal attention that makes this relationship a perfect fit for Modern Group.” 

With more than $100 million of collective annual sales, Modern Group provides sales, leasing, short-term rental, service, parts, training and financing solutions through its Forklifts, Power Systems, Construction, and Warehouse Products businesses. Modern is a 100 percent employee-owned ESOP with more than 350 owners at ten locations serving Pennsylvania, New Jersey, Delaware and New York. 

“The Modern Group is a leader in their industry, with a solid foundation, quality management team and a demonstrated ability to adapt and evolve in a difficult environment. We feel the company is well positioned for future success, and look forward to working with it to achieve its financial goals,” said Thomas Gutman, senior vice president and mid-Atlantic marketing manager with PNC. 

PNC will also provide treasury management solutions for Modern Group, including collection and disbursement accounts, image lockbox, PNC’s web-based cash management tool, ACH, wire transfers and disbursement services. 

PNC loans and treasury management products and services are provided by PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. (NYSE:PNC) 

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. Follow @PNCNews on Twitter for breaking news, updates and announcements from PNC. 

For more information, please contact Meghan Cole, PNC Corporate Communications, at 412-762-5654, or Dave Griffith, Modern Group, at 215-949-9251. 

Modern Group Power Systems Welcomes New General Manager John McClure

BRISTOL, PA - May 24, 2011

Well-known standby power executive John McClure has joined Modern Group Ltd. to head up its Power Systems Division, was the announcement today by Paul Farrell, Chief Operations Officer of the Bristol-based organization.

"We are thrilled to have an industry veteran join our team and help us grow our standby power generation business", exclaimed Farrell. With more than 25 years in the generator industry, McClure will oversee seven technicians, two sales representatives, and an office staff handling the marketing and service of power generation systems in Eastern Pennsylvania,Central/Southern New Jersey, and Delaware.

McClure entered the industry in 1984 and later became a Service Manager for a Cummins dealer, then founding McClure Power Systems. He gained success by servicing such major accounts as Comcast, Atlantic City Electric and the American Red Cross. His philosophy of intense product knowledge and the ability to respond to customers' needs under the most unpredictable circumstances made his company attractive for an acquisition offer from Modern Group Ltd. in 2007.

"I am very excited to join Modern's power generation team. Modern is a great company and I look forward to leading its efforts in growing this critical business segment." McClure states. McClure replaces Steve Lecatsas who has become the Branch Manager at Modern Group's Bristol, Pa. headquarters. 

Residents of Levittown, Pa., the McClures have three grown children and one granddaughter.
Founded in 1946, Modern Group ranks among the largest independent companies in the industry, representing more than 300 product lines and dealerships for Hyster, Generac, Lull, New Holland, and Terex.

With over $100 million of collective annual sales, Modern Group provides sales, leasing, short-term rental, service, parts, training and financing solutions through its Forklifts, Power Systems, 
Construction, and Warehouse Products departments. Modern is a 100% employee owned ESOP with over 350 owners at 10 locations serving Pennsylvania, New Jersey, Delaware, Maryland, and New York.

To learn more about Modern Group, call 1-800-223-3827 or visit their web site at 

www.moderngroup.com

Trico Lift and Modern Group Announce Unique Business Alliance

Ken Pustizzi, President & CEO of Millville, N.J. based Trico Lift, a privately owned company and leading access equipment provider, and Dave Griffith, President & CEO of Bristol, Pa., headquartered Modern Group Ltd, one of the nation’s largest industrial equipment distribution firms, today announced that the two firms have entered into a strategic alliance to better serve their respective customers and stakeholders.

Trico Lift will assist Modern with the marketing of Modern’s industrial forklift, power systems and material handling products and services to its customer base and Modern will assist Trico Lift with marketing Trico Lift’s aerial lift products and services to its customer base. As part of the agreement, Modern will sell a portion of its aerial lift assets to Trico Lift, thereby increasing Trico Lift’s fleet size to 4,000 units.  Trico Lift and Modern will also collocate facilities in King of Prussia and Allentown, Pennsylvania. In addition, Trico Lift is acquiring Modern's Baltimore branch.

According to company officials, the respective companies have unique business models that, with dedicated focus to the customer base, will improve customer service levels and leverage the financial performance and investments of both firms. In announcing the alliance, both Chief Executives say they are focused on the opportunity in the region’s industrial markets and the strength the partnership will bring to realizing the benefits for their common customers, employees and shareholders.

“The arrangement with Modern enables both companies to remain focused on their core competencies and creates an even stronger opportunity for both organizations to grow in our common target markets.” Pustizzi said.  “However, the most important benefit will be the opportunities the partnership will bring to our employees, our customers, and our future customers.”

“We admire Trico Lift as a market leader whose customer focus is aligned with Modern’s. The agreement to collocate in King of Prussia and Allentown is an innovative alliance and will allow us both to better serve our customers,” said Griffith.

Trico Lift is a full-service aerial work platform company with nine locations serving customers in the Mid-Atlantic, Midwest and Gulf region markets.   The company specializes in the rentals, sales, leasing and servicing of aerial lifts.  Its equipment fleet, made up primarily of boom lifts, scissor lifts and telescopic forklifts, has been ranked the 14th largest in North America and among the top 50 access fleets in the world.

Founded in 1946, Modern Group, a 100% employee owned company, ranks among the nation’s largest independent distributors of material handling, construction, rental, and stand-by power generation equipment. Modern Group’s companies provide sales, leasing, short-term rental, service, parts, training and financing solutions. Modern employs more than 350 people at its locations throughout Pennsylvania, New Jersey, and Delaware.

 For additional information see www.moderngroup.com and www.tricolift.com