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PURCHASE OF ADDITIONAL OWNERSHIP INTEREST IN JOINT VENTURE
6 Months Ended
Jun. 30, 2018
PURCHASE OF ADDITIONAL OWNERSHIP INTEREST IN JOINT VENTURE
6. PURCHASE OF ADDITIONAL OWNERSHIP INTEREST IN JOINT VENTURE

On February 13, 2017, we purchased an additional 10% ownership interest in Carrier Enterprise Northeast LLC, which we refer to as Carrier Enterprise II, for cash consideration of $42,688, which increased our controlling interest from 70% to 80%. Carrier Enterprise II was formed in 2011 as a joint venture with Carrier. Carrier Enterprise II had sales of approximately $545,000 in 2017 from 40 locations in the northeastern United States and 14 locations in Mexico.