Latest news from Heavy Lift & Project Forwarding International Magazine

Maxim expands footprint with Tri-State

USA-based crane rental and lifting services provider Maxim Crane Works has acquired the assets of Cincinnati-based Tri-State Crane.

Maxim ceo, Bryan Carlisle, said the acquisition is a strategic move designed to expand Maxim’s existing operations and facilitate its growth in the region.

With its fleet of all-terrain cranes, boom trucks, lattice boom crawler cranes, rough-terrain cranes and truck-mounted hydraulic truck cranes, Tri-State provides hauling, storage and rigging services as well as specialised lifting services.

According to Paul Pitzer, co-owner of Tri-State Crane, the additional resources and nationwide services that Maxim offers will support the best opportunities for the company’s long-term growth and success.

Ed Peng, member of the board of directors at Maxim Crane and principal for private equity firm Apollo Global Management, added: “The Tri-State Crane acquisition is an excellent strategic move that adds more young assets to Maxim’s fleet and seamlessly integrates into the company’s existing footprint.

“We know there are many other regional players that could be a good fit as well and we are pursuing those opportunities to help grow and expand the business.”

www.tristatecrane.com

www.cranerental.com

Heavy Lift | News

Seafox 5 turns Blue thumbnail image

Seafox 5 turns Blue

February 14 - Fred. Olsen Windcarrier has renamed the jack-up vessel Seafox 5 to Blue Tern.
Views: 438
BDO completes Moore Stephens merger thumbnail image

BDO completes Moore Stephens merger

February 5 - International accountant and shipping adviser Moore Stephens has completed its partial merger with advisory BDO.
Views: 1289
Panalpina shareholder rejects DSV's bid thumbnail image

Panalpina shareholder rejects DSV's bid

February 4 - Panalpina’s largest shareholder, the Ernst Göhner Foundation, has rejected DSV’s USD4.1 billion offer to acquire the Swiss freight forwarder.
Views: 1804
BKL acquires Bruns Spezial Logistik thumbnail image

BKL acquires Bruns Spezial Logistik

February 1 - BKL Baukran Logistik has acquired mobile crane and heavy haulage provider Bruns Spezial Logistik, expanding the Munich-based crane specialist’s presence in north Germany.
Views: 1863

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.