TEC Equipment

TEC Equipment

Full-service truck and trailer dealership

Overview

TEC Equipment operates as a full-service truck and trailer dealership with a widespread presence across the western and central U.S. It sells and services heavy- and medium-duty trucks from brands like Mack, Volvo, Hino, and Isuzu, plus trailers from Wabash, BWS, MAC, and auto transporters. The company also provides related products such as Jerr-Dan tow and recovery equipment, and offers used trucks, parts, collision centers, fuel, leasing/rental, financing, and insurance. Its locations function as authorized service centers for major warranties from Mack, Volvo, Cummins, Meritor, Eaton, and Fuller, enabling customers to access parts, maintenance, and repair in one place. In short, TEC Equipment aims to be a one-stop solution for trucking needs, delivering an exceptional customer experience and support across a large network of offices from Seattle to San Diego.

Significant Headcount Growth

About TEC Equipment

Simplify's Rating
Why TEC Equipment is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$3.4M

Headquarters

Portland, Oregon

Founded

1976

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Simplify's Take

What believers are saying

  • TEC’s EV-certified Portland, Fontana, La Mirada, and Oakland sites support fleet electrification.
  • Stoughton’s February 2026 dealer appointment expands trailer sales across six Western states.
  • San Diego opened in 2025, extending TEC’s footprint into another major freight market.

What critics are saying

  • A February 2026 PAGA settlement exposes recurring labor and wage-practices risk.
  • Volvo and Mack franchise dependence makes OEM relationship changes existential by 2027.
  • Employee reviews describe disorganization and toxic management, undermining service quality and retention.

What makes TEC Equipment unique

  • TEC Equipment spans 30-plus locations across six Western states, giving unmatched regional coverage.
  • Volvo named TEC its first North American EV-certified dealer in 2021.
  • In February 2026, Stoughton added TEC across six Western states.

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Funding

Total Funding

$3.4M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Life Insurance

Disability Insurance

Employee Assistance Program (EAP)

Education assistance

Paid Holidays

Paid Vacation

Paid Sick Leave

Growth & Insights and Company News

Headcount

6 month growth

9%

1 year growth

9%

2 year growth

9%
The Trucker
Apr 11th, 2025
Mack Trucks names Tri-State Truck Center 2024 North American Dealer of the Year

TEC Equipment of Portland, Ore. was named the U.S. Mack Financial Services Dealer of the Year.

NGT News
Oct 24th, 2024
Saldivar's Becomes First Owner-Operator to Use Volvo VNR Electric Truck

TEC Equipment worked closely with the South Coast Air Quality Management District to secure the CARB funding and ensure Saldivar's could successfully deploy the Volvo VNR Electric truck.

Hagman Media Group
Aug 30th, 2024
Bollinger Motors Expands West with TEC Equipment

Bollinger Motors, Inc., an electric commercial vehicle (EV) manufacturer, has expanded its retail and service network by partnering with TEC Equipment, Inc.

Yahoo Finance
Apr 23rd, 2024
Performance Food Group and Industry-Leading Partners Unveil Sustainable Distribution Center of the Future

PFG also worked with TEC Equipment to evaluate funding opportunities to offset the costs for the battery-electric trucks and required infrastructure.

Truck News
Feb 2nd, 2024
Calmont Truck Centre wins Volvo's top Canadian dealership award

VTNA also named TEC Equipment as the 2023 U.S. Dealer Group of the Year.

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