ProservCrane Group Acquires Overhead Crane International, LLC
ProservCrane Group has acquired Overhead Crane International LLC, expanding its overhead crane operations across the western United States and increasing ProservCrane’s sales revenues to an expected $60 million in 2012. Overhead Crane International is located in Woods Cross, Utah, with a field office in Mesa, Ariz. The company provides services from Southern California to Texas and across the Mexican border.
“The acquisition is a ‘win-win’ for both parties.” said Brad Wilson of ProservCrane Group. “It gives ProservCrane an instant presence in the West Coast, plus helps expand our parts, service/inspection, and new equipment sales business. Many companies are turning to a single source for their material handling needs, so it made sense to extend our services to the west, which will also increase our reach and brand recognition.”
OCI will bring with them expertise in projects with heavy specifications and seasoned engineers licensed in Utah, Nevada, Arizona, Colorado, New Mexico, and Wyoming, Wilson adds.
With production operations in Houston and Irving, Texas and a field office in San Antonio, ProservCrane manufactures about 800 cranes a year, mainly for the oil and gas industry, with capacities ranging from 1/4 to 250 tons. With the addition of OCI, it will manufacture an additional 100 cranes in 2012.
ProservCrane also produces custom built-up hoists, and in 2010, the company ramped up its hoist production.
“Our hoist design has been used for over 15 years and has proven to sustain the most demanding applications,” explained Wilson. "Since then, we have seen tremendous growth in heavy-duty custom components and look forward to future innovations.”
On March 5, 2012, ProservCrane opened doors to a 12,000 square-foot parts and accessories facility, which houses more than 10,000 ready-to-ship crane components. “We want to be your one-stop shop for all your material handling needs,” Wilson said. Future plans include the launch of a parts e-commerce site that will further support the parts and components business.