Minneapolis 9150 Pillsbury Ave. S Bloomington, MN 952-888-2525
Omaha 11475 S 153rd St. Omaha, NE 402-894-9300
Des Moines 1525 SE Cortina Dr. Ankeny, IA 515-965-1000
Kansas City 1510 SE Kingspoint Dr. Lee’s Summit, MO 816-451-1745
Nixon-Egli Equipment Co. www.nixonegli.com
2044 South Vineyard Avenue Ontario, CA 91761 909-930-1822
800 East Grantline Road Tracy, CA 95304 209-830-8600
Stephenson Equipment www.stephensonequipment.com
Harrisburg, PA 800-325-6455 Philadelphia, PA 800-220-4033
Pittsburgh, PA 800-692-7600
Wilkes-Barre, PA 866-667-6756
Albany, NY 518-357-2200 Syracuse, NY 800-368-6455
JDC teamjdc.com
777 Doheny Drive Northville, MI 48167 800-336-4369
Antioch, CA 925-434-0320
Bay Shore, NY 631-416-5070
Cincinnati, OH 513-250-3080 Corona, CA 951-281-2550 Gonzales, LA 225-647-3010
Joliet, IL 815-727-1000 Greenville, SC 864-315-2900
Sulphur, LA 337-607-3260
Westfield, MA 413-642-4000
La Porte, TX 281-842-8700 Orlando, FL 407-654-3840
Twinsburg, OH 330-486-0800
Wharton, NJ 973-206-4300
Whitestown, IN 317-768-2600
A surge in the tilt-up concrete construction market is taking place globally. Enhanced efficiency, automation and sustainable materials are driving the popularity of this construction method.
Big Cranes Flex Their Muscles in Tilt-Up Construction
CONCRETE CONCRETE IRONand
By Lucy Perry CEG CORRESPONDENT
The construction industry is witnessing a rapid expansion of the tilt-up concrete construction market and cranes are a big part of that growth. Market analysis indicates that automation and sustainable materials are driving enhanced efficiency in this concrete construction sector. It follows that big rigs are being tapped to ensure buildings go up quickly and safely under deadline.
Worldwide Market Reports (WMR) released results from a study of the concrete tilt-up construction service market this summer. Indications are that there are rising business opportunities and prominent investments forecast for several years.
As a result of the study, the market’s value is set at $8.2 billion this year and is expected to hit the $13.5 billion mark by 2032.
WMR shows a compound annual growth rate of 6.8 percent during this seven-year period.
Surging demand in logistics and retail warehousing was noted. That demand reflects “significant” market growth opportunities, according to WMR.
“Recent market research indicates North America's strong lead, while Asia Pacific’s rapid urbanization reshapes industry size projections,” said the firm. “This market report provides an in-depth market analysis of drivers, restraints and market revenue potential across major regions.”
As the dominant global region, North America represents a 36 percent share of the market. That market dominance is being driven by the 120 new tilt-up distribution centers located in Texas and California alone.
continued on page 8
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Alta Equipment Company
www.altaequipment.com
Byron Center, MI (616) 878-7450
New Hudson, MI (248) 356-5200
Flint (Burton), MI (810) 744-4840
Traverse City, MI (231) 943-3700
Detroit, MI (313) 394-1811
Atlantic & Southern Equipment
www.atlanticandsouthern.com
Birmingham, AL (205) 951-6656
Theodore, AL (251) 443-5229
Lake City, GA (404) 361-1100
Midland, NC (704) 731-7272
Central/Eastern, TN (888) 951-6656
General Equipment & Supplies
www.genequip.com
Shakopee, MN (952) 224-1500
Minot, ND (701) 852-0479
Fargo, ND (800) 437-2924
Bismarck, ND (701) 223-9700
Williston, ND (701) 572-0570
Nixon-Egli Equipment Co.
www.nixonegli.com
Ontario, CA (909) 930-1822
Tracy, CA (209) 830-8600
Columbus Equipment Company
www.columbusequipment.com
Columbus (614) 443-6541
Toledo (419) 872-7101
Cincinnati (513) 771-3922
Richfield (330) 659-6681
Cadiz (740) 942-8871
Dayton (937) 879-3154
Massillon (330) 833-2420
Zanesville (740) 455-4036
Piketon (740) 289-3757
Kelly Tractor Co.
Crane & Foundation Equipment
www.kellytractor.com
Clewiston, FL (863) 983-8177
Davie, FL (954) 581-8181
Ft. Myers (239) 693-9233
Mulberry, FL (863) 205-2537
Miami, FL (305) 592-5360
Orlando, FL (407) 568-8055
West Palm Beach, FL (561) 683-1231
Rudd Equipment Company
www.ruddequipment.com
Louisville, KY (800) 283-7833
Corbin, KY (606) 528-9440
Prestonsburg, KY (606) 874-2104
Evansville, IN (812) 867-6661
Ft. Wayne, IN (260) 482-3681
Indianapolis, IN (317) 247-9125
St. Louis, MO (314) 487-8925
Clearfield, PA (814) 765-8500
Leetsdale, PA (412) 741-1731
Nitro, WV (304) 755-7788
Link-Belt Construction Equipment Mid-Atlantic
www.link-beltmidatlantic.com
Ashland, VA (800) 552-3837
Chesapeake, VA (800) 342-3248
Frederick, MD (833) 546-5235
New Castle, DE (302) 501-6900
Transport Equipment Sales
www.tes-inc.net
South Kearny, NJ (973) 589-4100
Wood’s CRW Corp
www.woodscrw.com
Carlisle, PA (717) 795-0700
Central Square, NY (315) 676-2008
Williston, VT (802) 658-1700
North Oxford, MA (508) 499-1950
Broken down by end-use, commercial structures will take 42 percent of market revenue this year, said WMR.
However, industrial end-use is the fastest-growing sub-segment with a 7.1-percent compound annual growth rate, according to 2024 data.
Outstanding Benefits for Contractor, Client
Tilt-up construction is efficient because the concrete panels are built on site and tilted up into place with the assistance of a crane.
The construction method is made possible by big rigs, Maxim Crane Works pointed out in a blog post on the company’s website.
Advances in equipment, said the crane company, as well as modern concrete formulations have transformed tilt-up work into a more common building method. The process allows buildings to have the durability of reinforced concrete while being completed in more quickly and efficiently, said Maxim.
In the blog, Dan Durrett, director of engineering of Maxim, said quite a lot goes into tilt-up work.
“But for many buildings, the benefits are outstanding for the contractor and end users.”
First the building’s floor slab is poured. The floor serves as the casting surface for the walls as they are completed.
Next, as Maxim explained, crews build a form out of lumber that becomes a mold of each wall panel. Once the mold is built,
panels into place along a vertical line to form the building wall,” said Maxim. “This offers a dramatic visual as the building quickly takes shape, one panel at a time.”
Reinforcing braces are put in place to hold the panel in position until it can be tied to other panels using metal braces and concrete.
“Progress can be fast — an experienced crew can set as many as 40 panels a day,” according to the blog post.
In the final phase of a tilt-up construction project, the bracing and joint sealing are removed, and any exterior finishes are added.
After structure inspection, a roof is added, and mechanical/electrical/plumbing contractors move in to do their work.
Choosing the Right Rig for the Tilt-Up Job
Tilt-up is a preferred construction method because of the efficiencies it offers. But the “right handling equipment” can make or break a job.
TNT Crane & Rigging said the three most important factors in choosing a crane for tilt-up concrete work are site elements, panel dimensions and schedule.
“To ensure proper handling … it is crucial to know how to choose a crane for tilt-up concrete applications,” TNT said in a website post. “While many different types of mobile cranes can be effectively used … several elements must be considered before choosing a unit.”
crews add rebar to strengthen the concrete when it is poured.
“Often, insulation is added between the layers of concrete to provide insulation across the entire area of the wall,” according to the Maxim blog post.
Workers add points to assist in lifting the panel in place once it’s completed. A spray bond-breaking solution keeps the panel from sticking to the floor.
The concrete curing phase takes seven to 10 days, once the material is poured.
“After the concrete is set, a crane moves into position to lift the
First of all, project site elements must be considered, from the terrain to the overhead obstructions.
“For example, if your project site features an abundance of loose soil or uneven gravel, you will likely require a rough-terrain crane or crawler crane.”
“Rainy weather and soft ground are part of the landscape here in the Pacific Northwest. But we take pride in overcoming these conditions.
Ralph Esary NessCampbell
Those two types of cranes can ensure optimal stability for each lift executed on the job site, said TNT.
But if the site features solid and level terrain but numerous obstacles, said the company, a truck-mounted crane may be needed for enhanced mobility. A truck-mounted crane also will offer the contractor the ability to perform lifts in areas where space is tight.
Once site conditions have been determined, the panels themselves, as well as other components that will be lifted, must be considered.
Delivered to NessCampbell in late 2024, the GMK6450-1 all-terrain crane is the first Grove rig of its kind in North America, according to the manufacturer.
Adobe Stock photo
“This will help you determine how much power/lift capacity you need for the job,” advised TNT. “To ensure optimal safety and performance, you will need to select a unit that offers more lift capacity than you need.”
It has to offer that lift capacity but also be capable of lifting the concrete panel to the required structure height.
The third issue that must be addressed is the project timeline and the job deadline.
“If your project is on a tight schedule, it is crucial to select a mobile crane that will be available to help you get the job done before your deadline,” said TNT. “Since some mobile cranes are in higher demand than others, you will need to work with an experienced crane rental provider.”
An experienced crane company will determine if they can deliver a solution that meets your project requirements while adhering to your schedule, said TNT.
North America dominates the tilt-up construction sector, representing a 36 percent share of the market. The dominance is driven by 120 new tilt-up distribution centers in Texas and California.
“While some crane providers can provide fast solutions, most will require more notice to ensure that you are getting the perfect solution.”
It’s always best, said the crane company, to plan ahead as far in advance of the project as possible to access the best possible lifting solution for your job.
Putting All-Terrain Crane to Tilt-Up Test
NessCampbell Crane + Rigging recently showed off its new addition on a week-long tilt-wall project in Washington state.
The 500-ton Grove GMK6450 AT crane was front and center during a tilt-up panel lift project with DKS Commercial concrete in Marysville, Wash.
Challenging weather and uneven terrain were no problem for the crane, working on a large logistics warehouse project.
The job required careful lifting, according to Manitowoc, as well as deft positioning of heavy concrete panels.
Rainy weather and saturated ground common in the Pacific Northwest presented challenges for the crane crew. NessCampbell’s team addressed these conditions by carefully monitoring soil stability daily to ensure a secure base for the crane’s operation.
“Rainy weather and soft ground are part of the landscape here in the Pacific Northwest,” said Ralph Esary, vice president north division of NessCampbell. “But we take pride in overcoming these conditions. The Grove GMK6450-1 enabled us to deliver precision and stability, even under less-than-ideal circumstances.”
Manitowoc described the GMK6450-1’s lifting capacity and maneuverability as “exceptional.”
Both those benefits allowed for the secure and efficient placement of multiple multi-ton concrete panels, even within the site’s tight spatial constraints.
The tasks were completed on schedule, highlighting the team’s technical expertise and coordination.
“The Grove GMK6450-1 was pivotal in achieving precise panel alignment,” Esary said. “Its flexibility and power turned challenges into opportunities to showcase our expertise with this kind of work.”
Manitowoc said this project reflects NessCampbell’s commitment to providing modern, reliable lifting solutions. The company tailors its capabilities to the many demands that come with working in the Pacific Northwest.
The six-axle Grove GMK6450-1 all-terrain crane features Manitowoc’s Crane Control System (CCS) and MegaWingLift.
The MegaWingLift is a self-rigging attachment that increases the crane’s lifting capacity, according to the manufacturer. The crane’s versatility is designed to support varied projects like bridge construction, road infrastructure, and wind turbine installation.
Manitowoc is promoting the Grove AT as “the strongest heavyduty six-axle crane on the market.
Its self-rigging MegaWingLift puts rigging time at less than 20 minutes, according to Manitowoc. “Able to take on jobs that would usually require a seven- or eight-axle model, this outstanding 450-ton AT features an improved hydraulic system.”
The enhancements result in faster flow to provide quicker operating speeds and even smoother movements.
As an upgrade to the GMK6400-1, the crane is equipped with Manitowoc’s MAXbase variable outrigger positioning, increasing main boom capacities.
Delivered to NessCampbell in late 2024, the GMK6450-1 is the first Grove crane of its kind in North America, according to the manufacturer.
It underwent thorough inspection and onboarding at Western Pacific Crane & Equipment's Arlington, Wash., facility.
Manitowoc factory technicians provided comprehensive training to operators and mechanics on the crane’s advanced features before it went to its first job. CQ
Adobe Stock photo
TOWER OF POWER
Liebherr Cranes Vital to Parador de Santiago Restoration
TWO LIEBHERR EC-B TOWER CRANES are being used in the extensive restoration of the historic Parador de Santiago de Compostela.
Supplied by the company Maga Vigo, the 71 EC-B and 125 ECB cranes are supporting the complex construction works on the Plaza del Obradoiro, directly opposite Santiago’s cathedral. As the site lies within a protected heritage zone, the project demands the utmost precision and sensitivity to its surroundings.
Technology Meets Cultural Heritage
The site is one of Galicia’s most recognizable landmarks. Originally a pilgrim hospital, the building now operates as a prestigious five-star hotel and is the highest-grossing property within Spain’s state-owned Paradores hotel network. The restoration work includes renewing the facades facing the Plaza del Obradoiro and the western side of the building, the repair of the Renaissance courtyards, the renovation of the historic cornice and the conservation of the royal chapel with its dome. The aim is to preserve the building’s cultural heritage while implementing structural and technical improvements.
The Liebherr 71 EC-B and 125 EC-B cranes are operating at heights of 118 and 170 ft. respectively, with jib lengths of 164 and
This project is part of a national refurbishment program led by the
190 ft. Due to their compact design, precise control and low noise emissions, both cranes are particularly well suited for use in sensitive, heritage-protected areas with high tourist footfall, according to Liebherr. Especially in roof and facade works, the EC-B cranes FlatTop design enhances both efficiency and on-site safety.
Contributing to Preservation of Spain’s Cultural Heritage
This project is part of a national refurbishment program led by the state-owned Paradores hotel group. In its first phase, approximately 14 million euros are being invested in the renovation of several heritage-listed properties, including the Parador de Santiago. In total, the program involves restoration works at 40 historic buildings across twelve of Spain’s autonomous communities and the city of Ceuta. The works at the Parador de Santiago are expected to take around 19 months.
“To be part of one of the most significant restoration projects of Galicia’s cultural heritage is a great source of pride and joy for us,” says Jesús Gañete, managing director of Maga Vigo. The project also is a special occasion for Gruas Norte: “Taking part in the restoration of a national monument in our home city of Santiago de Compostela means a great deal to our entire team.”
Liebherr photo
state-owned Paradores hotel group.
GOLD STANDARD
Grove Training Drives
Productivity at African Mine
At the Yaouré Gold Mine in central Ivory Coast, a Grove GMK5150L all-terrain crane is essential for maintenance and urgent repairs across the expansive site.
With limited technical support and challenging site conditions, the mine sought support from Manitowoc’s West Africa distributor, Paterson Simons, to upskill its maintenance team on-site.
Paterson Simons collaborated with Manitowoc’s training team in Wilhelmshaven, Germany, to arrange for freelance instructor Mirco Minoccheri to conduct on-site training. Minoccheri is an engineer with nearly 20 years of experience working with Manitowoc cranes. He began his crane career in 2006 with Italian Manitowoc dealer Imola Gru, before moving to Ghana in 2012 to join Paterson Simons, and then returning to Italy in 2017 to deliver independent training on behalf of Manitowoc as needed.
Over his two weeks at the Yaouré Gold Mine, Minoccheri improved the team’s technical skills and delivered classes on critical crane issues, including faults in the braking system and intermittent telescope failures.
Minoccheri’s training program focused
on the GMK5150L’s pneumatic, hydraulic and electrical systems, delivering a holistic understanding of how the crane operates. This approach empowered the nine maintenance team members to move away from relying only on error codes to diagnosing and resolving issues more intuitively. Hands-on exercises included solving onsite challenges like the moisture-induced telescope system failures and humidity-related braking system warnings.
“The crane is crucial for the mine, particularly during plant shutdowns, as it allows staff to perform repairs across the facilities,” Minoccheri said. “Each period of downtime can affect production, so reducing these interruptions is critical. Given the mine’s location, personnel face particular challenges from the local environment like high temperatures and dust, which can add strain to heavy equipment, so effective maintenance is vital.”
The training program improved the technicians’ fault analysis and troubleshooting skills and enhanced their teamwork and problem-solving capabilities. By fostering self-reliance, the training ensures the mine’s operations are less dependent on external support, reducing any potential future downtime.
“This hands-on approach provided practical learning in authentic scenarios,” Minoccheri said. “It was a collaborative effort, and I’m thrilled with the team’s progress.”
With a deeper understanding of the crane’s systems, the maintenance crew at Yaouré Gold Mine is now better equipped to keep operations running smoothly, ensuring the mine continues to thrive.
At the Yaouré Gold Mine in central Ivory Coast, a Grove GMK5150L all-terrain crane is essential for maintenance and urgent repairs across the expansive site.
Manitowoc photo
Minoccheri’s training program focused on the GMK5150L’s pneumatic, hydraulic and electrical systems, delivering a holistic understanding of how the crane operates.
Manitowoc photo
STEPHENSON EQUIPMENT, INC.
www.stephensonequipment.com
Philadelphia, PA 800-220-4033 Harrisburg, PA 800-325-6455 Wilkes-Barre, PA 866-667-6756 Pittsburgh, PA 800-692-7600 Syracuse, NY 800-368-6455
Albany, NY 518-357-2200
KIRBY-SMITH MACHINERY INC.
www.kirby-smith.com
Oklahoma City, OK 405-495-7820 Tulsa, OK 918-438-1700 McAlester, OK 918-310-1550
Kansas City, KS 913-850-6300
St. Louis, MO 314-729-0125
RING POWER CRANE
www.ringpowercrane.com
St. Augustine, FL 904-494-1219 Pompano Beach, FL 954-977-5010 Orlando, FL 407-855-6195 Tampa, FL 813-671-3700
HAYDEN-MURPHY EQUIPMENT COMPANY
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9301 E. Bloomington Freeway Minneapolis, MN 55420 952-884-2301 800-352-2757
MGX EQUIPMENT SERVICES, LLC
844-DIAL-MGX mgxequipment.com
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1510 SE Kingsport Dr. Lee’s Summit, MO 64081 816-400-7836
18000 22nd Ave., Ste. 100 Aurora, CO 80011 720-864-9842
1700 S. Sam Houston Pkwy W. Houston, TX 77047 713-433-6411
470 Dick Buchanan St. La Verge, TN 37086 615-562-3979
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3601 Koppens Way Chesapeake, VA 23323 757-935-4300 11475 153rd St. Omaha, NE 68138 402-894-9300
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The crane was configured with 98 ft. of main boom, 295 ft. of luffing jib and 474,000 lbs. of counterweight along with a headache ball to provide ballast to the line.
Rochester Gas and Electric (REG)’s Station 5 is in the midst of a rebuild.
The substation, positioned along the lower falls of the Genesee River, includes a dam for the generation of hydroelectric power. When the time came to remove the old head gates and replace them with new spillway gates, ALL Crane Rental of Pennsylvania, a member of the ALL Family of Companies, was called upon to provide heavy lift equipment.
Head gates are a crucial part of dam construction, as they control water flow and are the most identifiable parts of a dam apparatus. Each gate measured approximately 10 ft. by 11 ft. and weighed in at 10,500 lbs. The biggest challenge associated with the undertaking was the staggering 320-ft. lift radius.
To hoist and set the gates, ALL specified a Manitowoc MLC300 lattice boom crawler crane.
“We specified the MLC300 for this job because of its impressive capacities at a far reach using luffing jib and Manitowoc’s VPC,” said Mark Damich Jr., sales specialist with ALL Crane Rental of Pennsylvania. The Variable Position counterweight automatically positions the crane’s counterweight to maximize lift capacity.
The crane was configured with 98 ft. of main boom, 295 ft. of luffing jib and 474,000 lbs. of counterweight along with a headache ball to provide ballast to the line. The huge amount of counterweight was necessary because of the extra-long 320-ft. distance the crane had to reach while hoisting its load.
The crane was set up along the riverbank with the boom swinging out over the water to swap out the gates. Setting up a crane along a riverbank often creates special challenges, and dam environments are also notably limited on space. This project combined both.
Damich credits ALL’s customer (and the job’s general contractor), C.P. Ward, with designing a crane pad that took into account the crane’s total footprint and tail swing, making it perfectly suited for the site.
There were other space considerations to overcome. “The assembly and disassembly processes were a very tight fit,” said Damich. “It takes a lot of real estate to build this much boom and luffer.”
To address this, Damich created multiple 3-D lift plans that included a bird’s-eye view of the various options for staging areas. “This gave all of us a reference point to discuss before we mobilized,” said Damich. “We had a game plan
The crane was set up along the riverbank with the boom swinging out over the water to swap out the gates.
together, so our team and the C.P. Ward team both understood what it would take to make this unique job happen.”
The crane was on site for approximately one month. A total of 16 head gates were placed during that time.
The dam project is part of a larger
upgrade to RGE’s Station 5, which is unique in that it is both an electric substation as well as a hydroelectric generating facility that creates clean, renewable energy. This new substation is expected to improve the overall resiliency of the electrical grid.
ALL Crane photo
Learning to Crawl
ONE SMALL CRANE HELPS BUILD MISSISSIPPI NURSING SCHOOL
There are two schools of thought on how to handle heavy lifts within tightly confined job sites.
First is to choose a large crane, set up far away and reach up and over. The other option is to go small and get as close to the work area as possible.
Then there are those rare situations in which your crane needs to be small, but still work at an extended radius. That was the challenge confronting ALL Crane Rental of Alabama, a member of the ALL Family of Companies, during construction of the new University of Mississippi Medical Center School of Nursing.
The construction site is adjacent to an active hospital and located within the busy state capital of Jackson, Miss. ALL specified a Link-Belt LS238HSL lattice boom crawler crane. Its 150 ton capacity qualifies it as a smaller crawler in a category that currently tops out at 1,200 tons. The size enables it to fit well in the close confines and effectively set up at all four corners of the new building’s footprint. Meanwhile, being configured with 105 ft. of main boom and 130 ft. of luffing jib gives it the reach needed to work at a 150-ft. radius.
On site from early spring to mid-summer, the LinkBelt’s primary responsibility is lifting buckets of concrete to fill pour-in-place forms for the 106,000-sq.-ft. nursing school. Each bucket weighs approximately 10,000 lbs.
The close, urban setting created logistical challenges for assembling the crane. “There was no room at the actual construction site to lay down crane components,” said Scott Swearengin, sales representative of ALL Crane Rental of Alabama. “Instead, we used a property several miles away to stage loads. We radioed our trucks to deliver the different crane parts as they were needed. When the time comes to disassemble the crane, we’ll reverse the process.”
To prepare, Swearengin asked his branch’s assembly director and a heavy haul truck driver to visit the site ahead of time and assess accessibility and identify build areas. He also was concerned about the degree of slope where trucks and trailers had to enter and wanted confirmation that the transport could cross the threshold without bottoming out.
As larger cranes with impressive capacities have deservedly received many accolades, it’s still good to be reminded of the capability of a smaller workhorse like Link-Belt’s LS238HSL. Swearengin selected it for this job after using 3-D Lift Plan technology to create a virtual site layout. After determining lift radius, finished building height, load and crane set-up positions, it became clear that the LS238HSL was the machine that was the best fit.
“It had the capacity and reach to achieve project objectives while staying below the required percentage of capacity,” said Swearengin. “A benefit of having a large toolbox — in this case, the broad fleet of ALL — is that more than likely, you have the right tool for the job.”
For more information, visit www.allcrane.com.
ALL Crane photo ALL specified a Link-Belt LS238HSL lattice boom crawler crane.
On site from early spring to mid-summer, the Link-Belt’s primary responsibility is lifting buckets of concrete to fill pour-in-place forms for the 106,000-sq.-ft. nursing school. Each bucket weighs approximately 10,000 lbs.
ALL Crane photo
DONE DEAL:
Tadano Ltd. announced the successful completion of its acquisition of the transportation system business of IHI Transport Machinery Co. Ltd.
This acquisition marks a strategic milestone in Tadano’s ongoing effort to expand its product portfolio and enhance value for customers across the globe.
As part of the transaction, a new company named IUK Crane Ltd. was established on Feb. 17, 2025, to facilitate the transfer of the subject business. On July 1, 2025, Tadano acquired 100 percent of IUK Crane’s shares, making it a wholly owned subsidiary. In alignment with Tadano’s strategic direction, the company will be renamed Tadano Infrastructure Solutions Ltd., and Toshiaki Ujiie, president, CEO, and representative director of Tadano Ltd., also will serve concurrently as president of the new subsidiary.
This move advances Tadano’s Mid-Term Management Plan and further positions the company as a comprehensive provider of lifting solutions. IHI Transport Machinery’s transportation systems business, with more than 50 years of engineering expertise, includes jib climbing cranes, port and large offshore cranes, wind power cranes, and bulk han-
Tadano Acquires IHI Transport Machinery Business
“The completion of this acquisition is a key step in expanding our capabilities in the global lifting equipment market.”
Toshiaki Ujiie, president, CEO and representative director of Tadano Ltd.
dling systems.
These additions complement Tadano’s existing offerings, particularly its lattice boom crawler cranes produced in Germany, and enhance its ability to support customers in industries such as construction, ports and offshore, wind energy and general industrial applications, according ot Tadano.
“The completion of this acquisition is a key step in expanding our capabilities in the global lifting equipment market,” said Ujiie. “By integrating this business into our group, we are better equipped to serve the evolving needs of our customers and deliver long-term value.”
The acquisition cost is approximately 15.3 billion yen, or approximately $106,500,000 (however, the final acquisition cost has not been fixed at this time because the price adjustment based on the share transfer agreement has not been completed).
This acquisition underscores Tadano’s commitment to innovation, diversification and global leadership in lifting solutions.
For more information, visit tadano.com.
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Driven to success
National Crane sets the global standard for truck-mounted hydraulic cranes that are supported by reliable and exceptional customer support. With crane models that offer exceptional reach, many feature the longest boom roadable chassis. Unique technologies that aid in both operation and comfort. or contact your local dealer.
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Baton Rouge, LA 225-251-7500
Belle Chasse, LA 504-394-7400
Billings, MT 406-698-6768 Birmingham, AL 205-661-1323 Dallas, TX 972-986-0910
