Latest news from Heavy Lift & Project Forwarding International Magazine

GTI acquires Precision Specialized Division

Canada’s GTI Transport Solution has acquired Precision Specialized Division (PSD), the heavy haulage arm of Precision Truck Lines. 

GTI plans to relocate all operations to a new site in Brantford, Ontario, where the business will operate with the same personnel under the brand name Precision Specialized Inc (PSI). 

Richard Lafrenière, ceo of GTI, expects the acquisition to support the company’s plans to become the preferred open-deck/heavy haul transportation provider in North America. As part of this expansion, the company launched GTI USA in 2018. 

Frédérick Perrault, senior partner of private equity firm Novacap – a stakeholder in GTI – confirmed that there are other acquisitions in the pipeline that will further expand the company’s capabilities and geographic reach.

Ed Bernard, former vice president of Precision Specialized Division, will stay with the company as president of Precision Specialized Inc.

thegtigroup.com

www.precisionspecializeddivision.com

Heavy Lift | News

Caldwell supplies customised beam for BAS thumbnail image

Caldwell supplies customised beam for BAS

January 20 - The Caldwell Group has designed and manufactured a customised 46-tonne capacity lifting beam for the latest phase of the wharf modernisation at British Antarctic Survey’s (BAS) Rothera Research Station.
Views: 278
Bati handles yacht move  thumbnail image

Bati handles yacht move 

January 17 - Bati Group has coordinated the transport of a yacht from Turkey to Greece. 
Views: 711
Methanex hat trick for Mammoet thumbnail image

Methanex hat trick for Mammoet

January 17 - Methanex has awarded the levee crossing and heavy haul scope of work for the construction of its Geismar 3 methanol plant in Louisiana, USA to Mammoet.
Views: 713

Heavy Lift Across The World

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