News

With the approval of its shareholders, Oshkosh, Wis.-based Oshkosh Truck Corp. has completed the acquisition of JLG Industries, McConnellsburg, Pa. Purchased for $3.2 billion, JLG has become Oshkosh's largest business segment and is expected to increase Oshkosh's net sales to $6 billion in fiscal 2007. At the completion of the merger, Bill Lasky, JLG's chairman […]

Former OmniQuip Textron employee Marc Bogue set out on his own five years ago with the idea of taking common machine designs and improving them with today's technology. After acquiring a small Italian forklift distributorship in 2001, his product offerings have since grown to mini skid steers, attachments, lawn and landscape equipment, and towable aerial […]

Wixom, Mich.-based Veri-Tek International Corp. announced it has completed its acquisition of Liftking Industries, Inc., Woodridge, Ontario, manufacturer of rough-terrain forklifts, special mission-oriented vehicles, heavy material-handling transporters, steel mill equipment, and other specialized carriers. Liftking has 170 dealers worldwide. Liftking was purchased by a wholly-owned Canadian subsidiary of Veri-Tek, Manitex Liftking. The purchase price of […]

Citing the fact that many wire rope failures could be avoided, the Wire Rope Technical Board (WRTB) has compiled 30 years' worth of information and experience to formulate a brochure dedicated to the process of examining wire rope. The publication, titled “Wire Rope Inspection Guidelines,” was unveiled during the Associated Wire Rope Fabricators (AWRF) fall […]

Manitowoc Crane Group, Manitowoc, Wis., announced that the MAX-ER attachment is now available on the Manitowoc Model 16000, a 440-ton lattice-boom crawler crane. According to Al Kadow, product marketing manager for MCG's lattice-boom cranes, the MAX-ER attachment can provide up to 256 tons of counterweight, effectively increasing the crane's capacity at radius. The standard boom […]

Bil-Jax, Archbold, Ohio, plans to unveil the 2622T trailer-mounted aerial lift at The Rental Show in February. The 2622T is the smallest, most lightweight model in Bil-Jax's Summit Series product line and features a 26'6” platform height, a 22-foot maximum outreach, a two-person 30”x48” platform, and a 440-pound load capacity. Weighing in at about 2,500 […]

Since its introduction in 2004, the compact, highly maneuverable Hybrid HB-1030 scissor lift, manufactured by West Bend, Wis.-based Custom Equipment, has become a rental favorite for a number of trades. “Our distribution partners have been very successful with the HB-1030, and many are reporting an almost unheard of 100% rental utilization rate,” said Steve Kissinger, […]

McConnellsburg, Pa.-based JLG Industries announced that its shareholders have approved the Agreement and Plan of Merger among JLG, Oshkosh Truck Corp., and Steel Acquisition Corp., a wholly owned subsidiary of Oshkosh. As a result of this approval, the merger of JLG and Oshkosh will be consummated on Dec. 6, 2006. The original announcement of the […]

Stockholm, Sweden-based Atlas Copco Group has completed the sale of Rental Service Corp., Scottsdale, Ariz., to New York private equity firms Ripplewood Holdings, LLC and Oak Hill Capital Management, LLC. According to Atlas Copco, the aggregate transaction value was approximately $3.4 billion (BSEK 24), plus up to $400 million (BSEK 3) of additional consideration in […]

Lockport, N.Y.-based Clark Rigging and Rental Corp. recently acquired the assets of Webster Crane Service from its parent company, Boulter Industrial Contractors. Terms of the transaction were not disclosed. Founded in 1954, Clark Rigging and Rental has grown its crane rental services and lifting solutions throughout Western and Central New York and Northern Pennsylvania. With […]