Cashman Equipment to open new headquarters

Cashman Equipment is moving some of its operations into new headquarters in Henderson this weekend, along with about 60 employees, Chief Executive Officer MaryKaye Cashman said.

Cashman's Power Solutions division and Cashman Cat rental store will be the first to occupy the 300,000-square-foot, 42-acre facility at 3300 St. Rose Parkway. They're expected to be open for business today, Cashman said.

The 32,266-square-foot Power Solutions building will have chassis dynamometer diagnostic capabilities and new off-highway engine service bays, as well as enhanced service bays for on-highway vehicles.

The 23,414-square-foot rental store offers an expanded line of equipment for rent, floor displays, service bays and a new corporate dispatch department.

Cashman said she's aiming for Leadership in Energy and Environmental Design gold certification at a minimum for the headquarters' seven buildings.

"The points we submitted are at the top of gold (requirements)," she said. "We might add solar to the roof and buy green energy credits and that will get us to platinum."

The buildings are oriented to take advantage of natural lighting and will use a geothermal heating and cooling system.

A 450-foot well in the yard will tap into the earth's core temperature of 60 to 70 degrees, reducing energy use by 45 percent compared with a standard structure of similar size.

Cashman Equipment's new facility will also conserve water through efficient irrigation, retention ponds and low-flow plumbing fixtures throughout the buildings.

"Progress is a vital part of any business, but progress without regard for the future is shortsighted," Cashman said.

She began planning for the new headquarters more than a year ago, citing a need for more space after losing 7 acres to eminent domain at the company's North Las Vegas location. The area around Interstate 15 and Craig Road became a "war zone," Cashman said.

Cashman Equipment reviewed several options before purchasing the Henderson property last year for $28.6 million. Cashman tried unsuccessfully for two years to acquire a nearby 17-acre lumber yard before choosing Henderson.

"We are not abandoning the north area of the valley," she said.

Cashman entered a long-term lease agreement with Aggregate Industries for much of the old property and has a rental store under construction.

Cashman Equipment was founded in 1931 by James "Big Jim" Cashman and is one of the largest Caterpillar equipment dealers in North America.

Contact reporter Hubble Smith at hsmith @reviewjournal.com or 702-383-0491.