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PRESS RELEASE

BuildSourced Implements Physical Asset Management Platform With Palmer Paving

EDISON, N.J., June 9, 2016 – BuildSourced (www.buildsourced.com), a technology company revolutionizing industrial asset tracking and analytics, was selected by Palmer Paving Corporation (PPC) to establish and implement a comprehensive asset management system.

A fully integrated heavy highway, paving, and material provider with locations throughout Massachusetts, Palmer Paving Corporation operates combination drum and batch hot mix asphalt (HMA) manufacturing facilities and quarries. With the company’s equipment fleet consisting of more than five hundred assets throughout New England, tracking the assets, which include pavers, rollers, trailers, generators, buckets, attachments, etc., is critical to the company’s profitable operation.

“We wanted a target solution to track our most critical assets, as not all pavers, rollers and project equipment are equipped with a Global Positioning System (GPS),” said Janet Callahan, President, Palmer Paving Corporation. “BuildSourced’s new and innovative physical asset management platform will enable us to expand our tracking to include assets used in our day to day operations that were otherwise impractical, expensive or simply impossible to track with other mediums,” said Callahan.

The BuildSourced physical asset management platform will complement Palmer Paving Corporation’s current method of using GPS-enabled assets. The BuildSourced platform will replace PPC’s current manual systems, which consist of spreadsheets and historical lookback, to provide real-time data, increased efficiency and automated insights regarding asset location, history, condition, and disposition.

About BuildSourced

BuildSourced is an innovative technology company that provides industrial asset tracking and analytics for increased control and maximum efficiency of physical assets. Industrial clients in logistics, construction, transportation and utilities rely on products, solutions and services from BuildSourced in the areas of physical asset management and location intelligence. BuildSourced’s online public marketplace enables members to buy, sell rent or share their equipment and materials, creating a virtual shared economy for businesses across industries. For additional information visit BuildSourced at www.buildsourced.com. Connect with BuildSourced on Facebook, LinkedIn and Twitter.

Media Inquires:

Gina Setzer
VP of Marketing, Tenna
[email protected]

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