News

Maxim Crane Works Holdings, Pittsburgh, recently announced it is exploring strategic business alternatives that will enable the company to continue to grow its business. The company has retained Goldman, Sachs & Co. to act as its financial advisor during this process. The alternatives under consideration would include a merger, sale of the business, or other […]

According to a UBS Investment Research survey released last week, branch managers at Greenwich, Conn.-based United Rentals, Inc., said competition in the equipment rental industry could drive down prices. For the UBS study, analyst David A Bleustein surveyed 116 United Rentals branch managers and asked whether conditions were improving or deteriorating, and whether prices were […]

After finalizing the deal to acquire Ireland-based UpRight International only a few days ago, the Tanfield Group Plc announced this week it is moving UpRight's production to Northeast England after receiving a 1.95 million ($3.6 million USD) Selective Finance for Investment grant from regional development agency One NorthEast. Production will take place a former LG […]

Introduced at the company's second annual dealer meeting, Tadano America Corporation's newest boom truck model, the TM20110, has found favor with the Houston company's dealers. They like it not only because of what they described as its smooth operations, but because of two key features: its boom length and outrigger system. In designing the crane […]

DBI-SALA, a Capital Safety brand, recently introduced the new i-Safe Intelligent Safety System, which delivers real-time solutions for inspection, inventory control, and information management. The product combines radio frequency identification (RFID)-equipped fall-protection equipment with web-based information management to maximize the effectiveness and minimize the total cost of safety programs. Effective immediately, all DBI-SALA fall protection […]

PAT GmbH, a subsidiary of the Hirschmann Group that represents the company's electronic control systems division, recently restructured its retrofit business. This business and associated services will now be run exclusively through the company's international dealer network, coordinated by the head office in Ettlingen, Germany. Since the beginning of May 2006, direct customers in Germany […]

The Association of Crane and Rigging Professionals (ACRP) took their General Assembly to the Gulf Coast in May, electing three new board members and tackling issues related to offshore environments. The gathering was held in Houston, Texas. Scott Fleming of Unirope Ltd., Mike Terry of Fluor, and Tom Gilbert of Cianbro, were elected ACRP Board […]

NES Rentals Holdings, Inc., Chicago, Ill., announced this week it has signed a definitive agreement to be acquired by affiliates of Diamond Castle Holdings, LLC, a New York-based private equity firm. The transaction is valued at approximately $850 million, including the assumption of certain liabilities. Under the terms of agreement, Diamond Castle will acquire all […]

OSHA recently published a new Safety and Health Information Bulletin (SHIB) to highlight specific workplace hazards when using overhead launching cranes, similar to those involved in a 2004 accident in Toledo, Ohio. In that accident, four ironworkers were killed and four others injured, when one of two cranes built to lift pieces of elevated roadway […]

At Intermat, Perkins Engines, Mossville, Ill., added three new models in the 400D Series engines, which will meet major emissions legislative requirements up to 2013 for North American and Europe. With the introduction of these new models, including the 404D-22TA, 403D-15T, and 403D-17, the 400 Series' 10 engines now range between 10 and 65 hp. […]