Connell Equipment Leasing Company (CELCO) has been providing single investor lease financing for forklift trucks and other material handling equipment to high quality domestic and international companies since 1982. Lease terms average only about five years making CELCO an excellent short term operating business to complement The Connell Company's longer term holdings in real estate. CELCO has tens of thousands of pieces of equipment on lease throughout the United States, Canada, Mexico, and other international locations. CELCO is believed to be the largest independent financing source for material handling equipment and airport ground support equipment in the U.S. and has achieved annual equipment purchases in excess of $100 million.Typical material handling equipment owned and leased by CELCO includes forklifts, cranes, wheel loaders, tractors, dozers, personnel carriers, aerial lifts, railcar movers, sweepers/scrubbers, and airline ground support equipment such as baggage tugs, belt loaders, container loaders, deicers, and jet tows.