Rush Enterprises and MCT Companies Complete Formation of Strategic Joint Venture
Rush Enterprises has completed its joint venture with MCT Companies, with Rush and an MCT affiliate each owning 50 percent of MCT Holdco, LLC, effective August 31, 2026. The venture operates MCT's network of 17 Carrier Transicold full-service dealerships and three mobile service locations across California, Nebraska, Kansas, North Carolina, South Carolina and Virginia, with Bill Willett continuing as CEO and President. Rush will account for its stake as an equity method investment and will not consolidate the joint venture within its Truck Segment or any other operating segment.
Key figures
- Effective date
- 2026-08-31
- Ownership stake
- 50%
- Dealership count
- 17
- Mct employee count
- more than 220
- Accounting treatment
- equity method investment, not consolidated
- Mobile service locations
- 3
AI analysis
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