Peterson Hydraulics, Inc. is the leading vehicle maintenance equipment contractor on the west coast and a proud client of Surety 1. The company was started by Dan Peterson in 1986 and has become a family business. Dan’s son, Danny II, had always known he’d be part of the family business and since becoming President, Danny wanted to develop his leadership and knowledge and enrolled in the Executive MBA program at Loyola Marymount University. His passion and leadership was quickly noticed and he was selected as the 2014 Bill Lindsey Scholarship recipient. The scholarship is given to the exceptional student who demonstrates the values of the EMBA program and who possesses strong leadership potential. Click here for the full story.
As a contractor that does business in the public sector, Peterson Hydraulics is required to provide performance and payment bonds on several projects, guarantying completion. The qualification for these bonds is based on the character of the owners, the capability and expertise to complete projects, and the capital to cash flow the projects. We’ve had the pleasure of providing surety support for Peterson Hydraulics for several years now and the company, led by the Peterson family, has proven to be a great business partner and an industry leader.
Danny’s accomplishment is no surprise to Surety 1, and we congratulate him on his personal achievement and wish him continued success. With Danny’s leadership and vision, the future is bright for Peterson Hydraulics.