Caldwell Group, J.C. Renfroe Announce Merger
The Caldwell Group and J.C. Renfroe announce they have merged. Caldwell, which is located in Rockford, Ill., manufactures below-the-hook lifting equipment, and Renfroe, a plate clamp lifting equipment manufacturer, is headquartered in Jacksonville, Fla. The new organization will provide a broad variety of lifting solutions to global customers.
“This is a great opportunity for two strong companies, with well recognized brands, to partner together.” said Caldwell’s President Doug Stitt. “We are very proud and excited to be a part of Renfroe’s future.”
Caldwell is an employee-owned company. Renfroe will continue to operate as an independent operation under the J.C. Renfroe name and will also become an employee-owned company.
Ron Raymond, Renfroe’s managing director, said, “This is a great opportunity for the Renfroe employees who have built this organization to help continue the Renfroe name and brand but now with ownership in the company’s future operations and success.”