We had Gerardo Gallegos, President of Gallegos Trailers of Durango Mexico in the office to discuss the next phase of our expansion. Lake Truck Lines is now the official Distributor of Gallegos Trailers in San Antonio, Texas.
This is important because our dependence on Gallegos Trailers for our expansion in the oilfields of the Eagle Ford Shale. We will be up to 50 trailers by the end of the year and our goal is to be at 100 trailers by the end of the 2nd quarter of 2012.
By being able to sell Gallegos Trailers we will add another revenue stream to our facility and make the company even more profitable and more competitive. This will allow Gallegos to have access to a more significant market than ever before.
The beginnings of another milestone were also discussed. The expansion of Gallegos into the oilfield equipment business is being developed, but that is a subject for another blog in the future.