Who is Randy Ringhaver?
Randy Ringhaver, born on December 6, 1947, is the eminent founder of the Ring Power Corporation. Married to Paula Ringhaver, he has made a significant name for himself in the heavy machinery industry.
Key Takeaways:
- Randy Ringhaver, the founder of Ring Power Corporation, was born on December 6, 1947, and is married to Paula Ringhaver.
- Ring Power, founded in 1962, is the largest Caterpillar dealer in South East Florida, boasting sales of over $1.5 billion annually and employing over 2,000 individuals.
- The corporation specializes in selling, servicing, and renting construction equipment, generators, forklifts, cranes, and agricultural machines.
- Ring Power Lift Trucks, the material handling division, offers forklifts, container handlers, large pneumatic forklifts, and narrow aisle electric forklifts.
- Randy Ringhaver’s estimated net worth is around $400 million, reflecting his successful entrepreneurial journey.
- He is the owner of the luxury yacht Carson
Origins and Growth of the Ring Power Corporation
Ring Power, founded by Randy Ringhaver in 1962, has grown to become the largest Caterpillar dealer in South East Florida. This powerful corporation has flourished under Ringhaver’s leadership, with annual sales exceeding a whopping $1.5 billion and employing more than 2,000 individuals.
Ring Power Corporation specializes in selling, servicing, and renting an array of construction equipment, including generators, forklifts, cranes, and agricultural machines. Their extensive product range caters to a variety of industries and applications.
Ring Power Lift Trucks: The Material Handling Division
In addition to the primary operations, Ring Power Corporation also runs Ring Power Lift Trucks – the material handling division. This division is dedicated to providing solutions for warehouse needs, selling a range of products from forklifts and container handlers to large pneumatic forklifts and narrow aisle electric forklifts. Their comprehensive selection ensures that every material handling need is met with efficiency and precision.
Estimated Net Worth of Randy Ringhaver
The entrepreneurial journey and relentless dedication of Randy Ringhaver have resulted in him amassing an impressive net worth, estimated to be around $400 million.
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