Hy-Brid Lifts names new President and CEO
Hy-Brid Lifts by Custom Equipment, LLC appoints Eric Liner as its new President and CEO, effective February 5, 2024. He succeeds Jay Sugar, who successfully led the company for the past three years and is retiring on March 1, 2024. “We are extremely pleased to welcome Eric Liner as our new President and CEO,” said Steve Ellis, Custom Equipment, LLC Operating Manager of the Board. “Eric’s extensive background in the access and material handling industry is a perfect fit for our vision to expand our product portfolio under our new AXCS brand name and grow our market share in North America.” Liner is an industry veteran with more than 20 years of general management and executive experience in the access and material handling industry. His background encompasses a wide range of business disciplines including sales, product support, operations, finance, and new product development, which ensures the company will maintain a strong customer focus. His most recent position was President and CEO for LGMG North America, and previously the Executive Vice President, Americas at Skyjack. “On behalf of the board, we would also like to take this opportunity to thank Jay Sugar for his leadership over the past three years, having successfully navigated the company through an extremely challenging business environment,” said Ellis. “His vision and perseverance have the company poised to capitalize on significant new growth opportunities well into the future.” “I am excited for the opportunity to lead Hy-Brid Lifts into the future. The new partnership with ASKO, and their family of brands, creates a tremendous opportunity. It immediately expands our access equipment portfolio, quickly positions us to enter the North American telehandler market, and provides additional workforce and financial resources as we continue to grow,” Liner said. “The new products will be brought to the North American market under a newly formed brand name, AXCS. I am looking forward to working alongside our strong veteran leadership team as we establish ourselves as one of the industry’s premier equipment manufacturers.”
Securely fasten loads
A crane, rope, or chain may be required when something needs lifting – plus anchoring points on the load. JW Winco offers a wide range of solutions to fasten the load securely. The classic and simplest lifting points are lifting eye bolts, when a female threaded hole is present the DIN 580, lifting bolt is used, when a male threaded stud is present a female DIN 582 is used. JW Winco offers these standard parts in steel and stainless steel. JW Winco’s portfolio reveals far better and stronger lifting points that are optimized for specific materials and easier to handle. The integrated RFID tags make it possible to clearly identify specific lifting points during wear and safety inspections and manage them digitally and without system interruption. Such RFID tags can be found in the lifting eye bolt GN 581 and the lifting eye nut GN 583, which can rotate around their vertical axis even after installation. These options also identify load rings GN 586.1, although the lifting eye can be folded down. And thanks to the eye ring with ball bearing, load rings GN 5860 are fully rotatable even under load. Load rings GN 587.1 are not screwed in but welded on. This load ring is also suitable for outdoor applications since the design of the weld-on block permits a closed seam that is safe from corrosion. The ring can swivel 180 degrees, and an optionally integrated spring can secure it in any position. The lifting point GN 589 for welding can accept loads from any direction and impresses with its minimal height. This is an essential feature when the maximum hook height of the lifting equipment is limited. A practical alternative to threaded or welded solutions is the mounting bolt solution, predestined, for example, for devices or tools that change position frequently and quickly. GN 1130 operates according to the lifting pin principle with axial locking and a release button. The new threaded lifting pin GN 1133 eliminates the time-consuming process of screwing into and out of the thread on the load. Rather than balls, this part uses threaded segments that are retracted and extended at the push of a button to create a positive connection. The integrated shackle, which rotates 180 degrees, connects to the lifting gear. The shackles GN 585 are based on the US standard RR-C-271 and feature a significantly higher load capacity than the DIN version.
Skyjack launches all new Micro-Scissors at the ARA Show
Linamar Corporation’s Skyjack division arrived at The ARA Show ’24 to announce the launch of a new micro scissor line in the SJ3213 micro and SJ3219 micro. Skyjack’s new micro scissor range represents a significant new choice in the low-level access arena. The SJ3213 micro and SJ3219 micro remain simply reliable, combining the low cost of ownership with Skyjack’s renowned product support. Fully proportional drive and lift controls offer superior drive with more efficiency, controllability, and improved torque, while variable speed brushless AC electric front wheel drive provides exceptional duty cycles. “Building on the success of the previous SJ3013/14 micro we now have not one but two new micros. Featuring E-Drive – improving controllability and providing consistent power, torque, and traction,” shares Senior Product Manager Corey Connolly. “Our focus is always on improving productivity and cost of ownership, and E-Drive allows our newest micro scissors to give you more for less.” The newest micros have been designed to fit most passenger-style elevators and work in environments where space is at a premium while still providing a substantial work area. Key features of the latest micro line include: 13ft and 19ft platform heights, 500lb platform capacity, AC electric drive performance, Fits through a standard door (rails up), 20” rollout extension to increase work area and provide up-and-over capability, Low GVW fitting into the standard elevator, Low floor loading. “This is an exciting launch for Skyjack,” explained Skyjack President Charlie Patterson. “Our team understands the importance of maximum uptime and we pride ourselves on providing machine features that combine durability, quality and serviceability. Our new micro line is no exception, combining low cost of ownership with our world renowned product support for easy accessibility into tight spaces, earning the mighty micros moniker.” Rental companies and major contractors face increasing demands for sustainability information. Skyjack has introduced its ECO mark to support our customers by providing products that deliver benefits in environmental performance and long-term sustainability. Skyjack’s E-Drive scissors ECO benefits include: 16% operational carbon saving compared to previous model, Up to 20% improvement in duty cycle over equivalent hydraulic drive machine, ZERO emissions, 90% recyclable (by weight), Optional ECOtray leak containment, Approved for use with bio-degradable hydraulic oil, Telematics allowing for remote diagnostics reduces site visits and operational footprint. Skyjack has showed its commitment to the low level access segment with the design and development of this all new two model range. Targeted at the North American market, the SJ3213 micro and the SJ3219 micro will replace the previous SJ3013 model in North America. The SJ3014 will remain available in Europe.
H&E Equipment Services report Fourth Quarter and Full Year 2023 results
H&E Equipment Services, Inc. has announced results for the fourth quarter and full year ended December 31, 2023, with record strategic expansion, impressive revenue growth, and steady margin appreciation contributing to another year of record financial performance. On October 1, 2021, the Company sold its crane business, (the “Crane Sale”). All results and comparisons for the periods reported are presented on a continuing operations basis with the Crane Sale reported as discontinued operations in certain statements and schedules accompanying this report. Also, on December 15, 2022, the Company sold its Komatsu earthmoving distribution business, resulting in a pre-tax gain of $15.4 million in the fourth quarter of 2022, including $12.9 million recorded as a gain on the sale of property and equipment, and $2.5 million as a gain on other, net. FOURTH QUARTER 2023 SUMMARY WITH A COMPARISON TO FOURTH QUARTER 2022 Revenues increased 9.3% to $385.8 million compared to $353.1 million. Net income totaled $53.5 million compared to $51.2 million. The effective income tax rate was 19.4% compared to 26.1%. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) increased 6.5% to $185.2 million compared to $173.9 million. Prior year results included the pre-tax gain associated with the sale of the Komatsu earthmoving distribution business. Adjusted EBITDA margin was 48.0% compared to 49.2%. Total equipment rental revenues were $316.9 million, an increase of $41.2 million, or 14.9%, compared to $275.7 million. Rental revenues were $280.6 million, an increase of $35.6 million, or 14.5%, compared to $245.0 million. Sales of rental equipment increased 34.3% to $40.6 million compared to $30.2 million. Margins improved to 66.0% compared to 51.2%. Sales of new equipment totaled $9.8 million, a decline of 54.5% compared to $21.5 million. Gross margin improved to 48.3% compared to 45.1%. Total equipment rental gross margins were 48.2% compared to 47.9%. Rental gross margins were 54.2% compared to 53.1%. Average time utilization (based on original equipment cost) was 68.4% compared to 72.0%. The Company’s rental fleet, based on original equipment cost, ended 2023 at approximately $2.8 billion, representing an 18.3% increase. Average rental rates improved 3.8% from the year-ago quarter and 0.8% on a sequential quarterly basis. Dollar utilization was 40.3% compared to 41.9%. Average rental fleet age on December 31, 2023, was 39.7 months compared to an industry average age of 49.0 months. Paid regular quarterly cash dividend of $0.275 per share of common stock. Reviewing the Company’s fourth quarter and full year performance, Brad Barber, chief executive officer of H&E, referred to several important developments. Mr. Barber pointed out, “Strong execution of strategic initiatives and resilient non-residential activity resulted in healthy financial metrics throughout the year. Total revenues in the fourth quarter improved 9.3% compared to the year-ago quarter, while rental revenues grew 14.5% over the same period, resulting in a rental margin of approximately 54.2%. For the full year, total revenues set a Company record of just under $1.5 billion, representing an 18.1% increase compared to total revenues in the previous year. Over the same period, rental revenues grew 24.1%, exceeding $1.0 billion for the first time, and completed the year with an average margin of 52.1%. Indicative of the durable industry fundamentals, rental rates in the fourth quarter improved 3.8% compared to the same quarter in 2022, and 0.8% on a sequential quarterly basis. For the full year, rental rates were 5.6% better than 2022. Our strategic accomplishments in 2023 included a record gross fleet investment totaling $737 million, exceeding our revised target range for the year. We completed the year with a fleet original equipment cost (OEC) of approximately $2.8 billion, or 18.3% greater than our fleet OEC at the conclusion of 2022. Our average fleet age of 39.7 months remained among the youngest in the industry.” Mr. Barber went on to state, “The pace of branch expansion remained impressive throughout 2023, further strengthening the Company’s competitive position. The success of our accelerated branch expansion program led to a record 14 branch additions in 2023, including three new locations in the fourth quarter. These branch additions established greater density in the Gulf Coast, Mid-Atlantic, Southeast and Midwest regions, providing the Company with increased exposure to new projects. Also, additional growth and improved positioning was accomplished through the acquisition of attractive and well-managed businesses with operations in core metropolitan statistical areas of the U.S. One transaction, which closed in the fourth quarter, added three locations in California, increasing the number of branch additions to 17 in 2023, or a 14% increase across our branch network when compared to the branch count at the conclusion of 2022.” Addressing 2024 strategic growth initiatives, Mr. Barber said, “We plan to slow our 2024 gross fleet expenditures to a range of $450 million to $500 million. We believe our record fleet expenditures in 2023 and young fleet age advantageously position the Company to address the ongoing growth in construction markets and these factors should support steady improvement in physical utilization. Regarding our branch network, new branch growth will remain a fundamental component of our strategic plans in 2024 with 12 to 15 new locations expected in our branch expansion program. In addition, branch growth could be enhanced through attractive acquisition opportunities that offer access to vibrant construction markets in the U.S., as demonstrated by our latest acquisition which closed in early 2024, adding one location each in Phoenix and Denver.” Mr. Barber noted the outlook for the equipment rental industry remains encouraging, supporting the point by saying, “Commentary from our customers regarding pending construction opportunities in 2024 remains optimistic and supports a business climate characterized by stable to modestly higher non-residential and industrial activity. Construction starts are projected to grow on a year-over-year basis with the growth reinforced by mega projects and increased spending on infrastructure programs. Also, we remain confident that expanding rental penetration will be a meaningful catalyst for increased industry growth.” FINANCIAL DISCUSSION FOR FOURTH QUARTER 2023 Revenue Total revenues increased 9.3% to $385.8 million in the fourth quarter of 2023 from $353.1 million in the
How to select a proper dock lift for your operation
Hydraulic Dock Lifts have two advantages over other means of unloading trucks: Level unloading from the bed of a truck is safer than any other alternative, and Loading Dock Lifts are the only type of equipment that can reach from ground level to all sizes of trucks ranging from low step vans to large refrigerated reefers. There is no vehicle size that dock lifts cannot service. Once you realize the benefits of level loading with dock lifts, the next question is which type of loading dock lift system best fits your application and what options should you consider. Top of Ground Style or Pit Mounted Recessed Lift The first consideration is which of these hydraulic truck lift alternatives is best for your application. Top of Ground Advantages These units can be mounted on any flat concrete slab (units will sink into blacktop during the summer) and require no pit work. This not only avoids the cost of a pit, but also drainage issues and potential interference with underground utilities. If you decide to move the unit later (we have reports of units providing as many as 35 years of continuous service) it is an easy matter to unbolt the unit and move it with no pit left to fill in. Capacities range from 4,000 lbs. up to 15,000 lbs. and platform sizes range from 6’ X 6’ up to 8’ X 12’. The cost of top-of-ground units are always higher than the cost of recessed units, however, when the cost of pit construction is added to the equipment prices, top-of-ground units can be competitive. Recessed or Pit Mounted Advantages The equipment costs for these units are always less expensive than top-of-ground units. The biggest advantage is the fact that these hydraulic dock lifts are mounted flush with surrounding surfaces so they do not become an obstacle to drive over traffic. This is especially important if the unit is being mounted in a doorway. Top-of-ground units have ramps that transition loads from the platform to ground level which is fine for offloading operations but can be tiring if heavy loads must be pushed up the ramps for loading trucks. Standard capacities of recessed units range up to 20,000 lbs. Recessed units offer level loading both at ground level and at truck height. If recessed units are mounted within the face of docks they can provide easy dock-to-ground access, although top-of-ground units can do the same if the approach ramps are shortened and the units are mounted immediately adjacent to the dock. Platform Size The platform size is primarily determined by the type of transport equipment that will be used to load or unload trucks. The minimum suggested platform width is 6’. Guardrails use 4” to 8” of usable platform width on some models and there should be at least 4” of clearance on each side of the widest load such as a 48” wide pallet for ease of maneuvering. In some cases, the loads may be wider and some users like to unload two pallets side by side so 7’ and 8’ wide platforms are common options. If the loads are four-wheeled carts or baskets, or the loading equipment is limited to two wheeled hand carts, then a 6’ platform length is sufficient. For manual pallet jacks, 8’ platform lengths are considered minimum. Powered pallet jacks work best with 10’ lengths to comfortably fit the load, powered pallet jacks and operator all in line. Straddle stackers also fit well on 10’ platforms. Fork trucks are much longer so they generally require platforms in the 10’ to 12’ range. The size range mentioned above covers 99% of all applications and is now available as standards in both top-of-ground and recessed styles of loading lifts. Unusual loads may require custom-designed units with platform widths of 10’ or 12’ and platform lengths of up to 65’. If you have special requirements, a full-service supplier can help you design a perfect fit. Capacities Lifting Capacity Once a platform size has been determined, it is a simple matter of adding up the maximum weight of the goods being transferred, the weight of the transport equipment and the weight of an operator to arrive at a lifting capacity. Axle Rating Capacity The axle loads on manually propelled carts and pallet jacks are too light to be of concern. Manual pallet jacks divide payload weight evenly between two axles, but powered pallet jacks and straddle stackers often concentrate 60% of the combined payload and equipment weight on their rear axle and they can move heavier loads than manual equipment. Fork trucks usually concentrate 80% of the maximum payload plus fork truck weight on the front axle, but some unusual trucks may run as high as 90% concentrations. Most manufacturers have appropriate end load axle ratings for corresponding maximum lifting capacities, but there is always the danger that you have unusual equipment and/or if your application requires traveling over the side of the lift in anything other than the fully lowered position, there is a possibility that the side axle rating is marginal. It is wise to compare the axle loads produced by your equipment vs. the rating of the dock lifts to be safe. Roll Over Capacity This only applies to recessed units and refers to the maximum axle load allowable for vehicles driving over a fully lowered lift. Most recessed dock lifts are rated for 10,000# axle load slow speed drive over. This is usually more than adequate because of state mandated limits on truck axle loads. However, large specialty vehicles and high capacity fork trucks with small hard wheels can exceed these limits. In those cases, warn the lift manufacturer and they can modify the lifts to accommodate larger loads with thicker deck plates and other forms of reinforcement. Power units and controls The up-down controls must be controlled by the operator riding on the lift. Any other scenario is a sure recipe for an accident. Standard controls for most companies are NEMA 4 pushbuttons. These are
Unirope expands manufacturing in Ontario
Mississauga, Ontario-based Unirope Limited has added 50,000 sq. ft. of manufacturing space to its headquarters, improving lead times by as much as 400% Unirope is a manufacturer, distributor, testing, certification, and inspection of high-performance wire rope and rigging products. It has additional facilities in Quebec and Alberta; the three sites combine to deliver service nationwide and to select customers in the U.S. and Europe. The expansion represents the completion of a journey that started in 2018, before ground-breaking two years later, and a major construction project that concluded in 2021. Since then, further investment has been committed to equipping the facility with state-of-the-art machining and fabrication equipment, centered on wire rope fabrication, synthetic sling manufacturing, and computer numerical control (CNC) technology. Justin Brown, president at Unirope, said: “At a minimum, we have cut lead times in half, and in the best case we have seen a 400% improvement. We are moving towards modernizing the traditional rigging shop model. The words ‘rigging shop’ and ‘modern’ are rarely mentioned in the same breath. Many of the products are heavy and lined with grease, and most factories are stuck in the 1980s with equipment from the 1960s. Not us.” He continued: “We have implemented material handling solutions to help with heavy lifting; installed modern machinery to make reeling, cutting, and fabrication easier; utilized technology to put work instructions at the fingertips of production workers; installed a full machine shop with modern [CNC] capabilities for custom wire rope end fittings; upgraded ventilation to keep the air clean; and fitted environmentally friendly plant lighting alongside fit-for-purpose test units.” The majority of Unirope’s work is on customized rigging products; an interesting statistic, for example, is that 90% of all chain slings that it manufactured in 2023 were unique, either in size, length, or configuration. The business can proof test up to 1.3 million pounds, and the highest single vertical sling capacity in the portfolio is 600,000 pounds. 68 years in the making Unirope already had two warehouses in Mississauga, but it was running out of space to store growing inventory, and the situation was starting to impede production. It would have been impossible to navigate an aggressive phase of growth without expanding and streamlining operations. Brown said: “With strategic machinery updates, we were able to eliminate certain labor-intensive tasks and ease the burden on production employees. The work is difficult, so anything we could do to make the jobs more efficient, eased the physical impact on our employees. Remember, unemployment is at an all-time low, so we have to optimize our workforce. The overall investment led to efficiencies that allowed us to eliminate bottlenecks, deliver faster, and increase our outputs.” An automatic wire rope cutting line, plus additional swaggers and upgraded annealing machines will be operated with an additional test bed and a third Twin-Path® machine. Additional warehouse space also meant that inventory could be increased across all product lines, including Python® high-performance wire rope, Grade 100 chain, and a range of Crosby rigging hardware. Python® wire rope is stocked in a wide variety of constructions for tower cranes, mobile and truck cranes, overhead cranes, and gantry cranes. These ropes are widely used in construction, automotive, and industrial applications. Unirope also stocks a variety of other standard and custom ropes, all meeting national and international standards. Brown added: “We have built a diversified customer base over the last 68 years and continue to build on that strategy. Our customers, without exception, are looking for professional and attentive service. They want our input and expertise; they are not looking for the cheapest and untested; they want reliability and quality.”
Cattron introduces Remtron PatriotPro industrial remote control system
Cattron’s Remtron PatriotPro comes with a distinctive yellow control unit Cattron, a radio remote control, engine and generator control panels, and cloud-based monitoring and control solutions, has announced that its next generation of Remtron has arrived with the release of the PatriotPro industrial remote control system. The PatriotPro retains the rugged design and distinctive feel of the time-tested and proven legacy Patriot product and now boasts a new look and an advanced, future-ready technology platform. The company also announced that a limited edition patriotic, flag-inspired version of the controller will also be offered from March through July 4th, 2024. The operator control unit is available in standard configurations and can be engineered to meet specific application requirements. The transmitter can support up to 18 commands with an engineered system. New systems work with the CBMCU, 10R/17R, or 11R receivers. PatriotPro transmitters are also backward compatible with Remtron’s existing Patriot and CommandPro systems, providing a path for upgrading existing systems. Premium features of the PatriotPro radio remote control system include: Distinctive click-click indication between steps Illuminated PL-d stop switch Wireless closed-box Bluetooth configuration for the deployment of spares Logging of essential data and diagnostics Signals are secured with black channel communication protocol Private label options for OEMs and select distributors CattronLink wireless programming tool for system updates Up to a 600-foot operating range “PatriotPro combines our premium radio remote control features into a single, flexible solution that supports operators with advanced technology and security features,” said Brian Fette, vice president of Product Management for Cattron. “With all it has to offer, PatriotPro will quickly become the hero of our Remtron portfolio of industrial remote control solutions.” The PatriotPro Industrial Remote Control System is positioned to cater to the specific needs of industries reliant on precise and efficient remote-control systems applications such as those in industrial automation, material handling, and mobile equipment. With its rugged design and advanced technology platform, the PatriotPro is a remote control system built for tomorrow’s demanding industrial environment. One of the standout benefits of the PatriotPro is its flexibility and versatility. The operator control unit can be customized to meet specific application requirements, making it adaptable to a wide range of tasks. Whatever it’s controlling, the PatriotPro’s tailored, user-defined configurations ensure seamless integration into diverse industrial settings. Control units can even be privately labeled with a customer’s branding and trade dress. Safety and security are paramount in industrial settings, and the PatriotPro addresses these concerns with its innovative features. The distinctive click-click indication between steps ensures that operators have clear feedback, enhancing their ability to make accurate decisions. The illuminated PL-d stop switch adds an extra layer of safety, making it easy to halt operations in emergencies. Additionally, the use of black channel communication protocol ensures signal security and integrity during remote control operations. The PatriotPro boasts an impressive 600-foot operating range, providing operators with the freedom to control machinery from a considerable distance. This extended range not only increases operational efficiency but also enhances safety by allowing operators to maintain a safe distance from potentially hazardous equipment.
Thomson Prestress adds a Shuttlelift gantry crane to operation
Thomson Prestress, formerly Concrete Products of Tennessee, has added a Shuttlelift DB70 gantry crane to their equipment fleet to enhance the production of their precast and prestressed concrete products. The new double-beam rubber tired gantry crane joins a Shuttlelift SB50 (Single Beam) already onsite and in use since 2011. Thomson Prestress is a family-owned operation located in Jackson, TN and has been in high-quality precast and prestressed concrete products since 1961. They specialize in products for use in bridges, commercial buildings, railroads, and marina construction. They rely heavily on their rubber-tired gantry cranes to move, store, and load out products on their 50-acre facility. With a continued backlog of business, there was a need for another gantry crane onsite to efficiently cast and deliver products on time to customers. The decision to go with Shuttlelift was easy after experiencing the quality and customer service provided with their SB50 gantry crane. “After purchasing our single beam 50 ton from Shuttlelift in 2011, we had decided that our next gantry crane purchase would also be from Shuttlelift”, said Tory Boston, Production Manager at Thomson Prestress. At Thomson Prestress they produce concrete infrastructure products in many shapes and sizes to meet the specific needs of their customers. Due to the many different configurations, there was a need for a custom spreader bar to ensure all products could be lifted. Shuttlelift specializes in customization, including the design and fabrication of spreader beams, and designed a 75’ long beam with sliding lift points to accommodate varying pick points along the product. The new Shuttlelift DB70 is also equipped with a wireless remote control, AVT fuel saver, and work & drive lights for operating at night or early hours of the morning. “With increased technological advancement, there has been a variety of benefits in using this machine compared to what our operators have used in the past”, said Boston of the machine features and options. The wireless remote control comes standard on all Shuttlelift DB and SB series gantry cranes allowing the operator free movement for better line of site and allows the operator to also assist in the rigging process. The Automatic Variable Throttle (AVT) is a built-in engine program that automatically adjusts the engine RPM to draw only the power you need to complete the task at hand, significantly reducing fuel consumption and increasing component life. Shuttlelift and Thomson Prestress have shared a great business relationship for over a decade so the order and delivery process was simple. “It has been a stress-free experience and the process was speedy and effortless”, said Boston. He added, “Our operators are thoroughly satisfied with the quality and functionality of the equipment.”
Hyster-Yale Group and PortxGroup enter exclusive agreement to elevate materials handling solutions in Asian Sea Ports & Terminals
Hyster-Yale Group, an integrated full-line lift truck manufacturer, announced a strategic partnership with PortxGroup, a logistics solution, to exclusively distribute Hyster® products in key Asian sub-regions. The agreement positions PortxGroup as the sole Hyster dealer for seaports and terminals in Thailand, Malaysia, Indonesia, and South Korea, adding to PortxGroup’s earlier appointment as a Hyster dealer for the Pacific region. PortxGroup has been a representative for Hyster in the Pacific Islands for the past two years, demonstrating unparalleled success in challenging environments and port development projects. Leveraging its extensive experience and robust networks in the seaports and container terminals across Asia, PortxGroup will focus on expanding the presence of Hyster’s container handling equipment in the region. Simon Munn, Vice President, Dealer Development, JAPIC, Hyster-Yale Group, expressed enthusiasm about the exclusive partnership, stating, “PortxGroup’s proven track record, extensive experience, and commitment to customer satisfaction make them the ideal partner to represent Hyster exclusively for seaports and terminals in these key Asian markets. We believe that their dedication to excellence aligns perfectly with the values of Hyster-Yale Group.” In response to the appointment, Peter McLean, Principal at PortxGroup, shared his excitement about becoming an exclusive Hyster dealer for seaports and terminals in Asia. He stated, “I am honored to be allowed to be a Hyster dealer for seaports and terminals. Asia is one of the most dynamic and diverse regions — a territory that requires a business that is fiercely committed to customers.” McLean emphasized the strategic importance of the partnership, highlighting the comprehensive range of high-quality tier-one materials handling equipment and sophisticated engineering solutions that PortxGroup will now offer to seaports and terminals in the region. “This exclusive dealership enables us to provide one-stop-shop solutions, delivering the renowned quality of the Hyster brand combined with our long-term partnership approach to business,” he said. Effective 1 December 2023, PortxGroup serves as the exclusive Hyster dealer in the designated seaport and terminal areas, and Munn is confident in the success of this new venture. He added, “We are excited about the potential that this exclusive partnership with PortxGroup holds. With their strong industry presence and our commitment to innovation, we aim to further elevate Hyster’s business in the key markets of Thailand, Malaysia, Indonesia, and South Korea, solidifying our position as a leader in materials handling solutions for seaports and terminals in Asia.”
Manitowoc Board of Directors elects Ryan M. Gwillim as New Director
The Manitowoc Company, Inc. (the “Company”), a global manufacturer of cranes and lifting solutions, announced that Ryan M. Gwillim has been elected to the Company’s board of directors effective immediately. Additionally, the Company announced an increase in the size of the Board from nine to ten directors. Mr. Gwillim is a senior executive with over 20 years of experience in finance and law. He currently serves as Executive Vice President and Chief Financial Officer at Brunswick Corporation, where he previously held successively senior positions including Vice President, Finance and Treasurer; Vice President, Investor Relations; Associate General Counsel International and Mergers and Acquisitions; Assistant General Counsel Corporate and Securities, International Counsel – EMEA; and Corporate Counsel. Prior to Brunswick, Mr. Gwillim was an Associate at Baker and McKenzie. Mr. Gwillim holds a Bachelor of Science in Accounting, a Master of Science in Accounting, and a JD degree from the University of Illinois, Urbana-Champaign. “The Manitowoc Board of Directors is very pleased to have Ryan join the Board. With his strong financial skills and qualifications, along with his extensive background in international mergers and acquisitions, Ryan will contribute greatly to our efforts to increase shareholder value,” said Kenneth W. Krueger, Chairman of Manitowoc’s Board of Directors.
Caldwell adds RUD ROV hooks to in-stock program
The Caldwell Group Inc. has added remotely operated vehicle (ROV) hooks from RUD to its in-stock program. The hooks, available in 10t and 25t capacity, are primarily for use in underwater applications in the Gulf Coast region. Caldwell and the RUD Group unite their sales and marketing activities in North America, and now stock more ROV hooks here than ever before. Access to ROV hooks is important to major subsea, and oil and gas, contractors for utilization in multi-million-dollar projects to handle valuable loads in hazardous environments, often many miles offshore and up to water depths of 10,000 ft. The safe lifting and lowering of loads on deck and underwater—coupled with ambient conditions, unpredictable currents, and difficult lighting—presents enormous challenges. The sector is nearly always time-pressured, and precision is fundamental to safety. The hooks can be used by major contractors, like Oceaneering International Inc., to install long baseline transponder frames, rigid M-shape jumpers, and associated subsea distribution hardware, for example. Users must eliminate the risk of dropped objects, especially when passing through the water interface, and provide a user-friendly subsea solution. Twin trigger mechanism The RUD ROV hooks can be operated by all commonly used ROV manipulators, including the grabber. The hook eliminates the risk of snagging and accidental rigging; the outer profile is smooth with no protruding hook nose. The outwardly opening safety latch, which can be operated by a single manipulator, automatically closes when the ROV releases the triggers, and it is securely locked in the closed position. Overall hook design minimizes the time the ROV takes to carry out the attachment/detachment operation. Jay Schroeder, western sales manager at Caldwell, said: “Just like every other market segment when someone needs it, they need it now. Many times, you can’t anticipate when you have a failure or an emergent need, and it is important to keep the job running. Overall, we must have these hooks in stock. The equipment our ROV hooks are lifting is often worth well over a million [dollars].” A standout feature of RUD ROV hooks is the twin trigger mechanism; it opens only by pressing both triggers simultaneously. It only requires one hand to operate whereas most alternatives need two hands to open and close. The yellow oblong master link serves as the target for operators. Radio-frequency identification (RFID), meanwhile, enhances inspection and tracking. Schroeder added: “RUD is a high-quality, Germany-manufactured product, so it takes a certain type of company to be able to deliver it here in North America, keeping lead times short and stock levels high, close to the point of use.”
OZ Lifting chain hoists lower $250k car
The vehicle was center of a holiday-season display in the jewelry section of the store, which is below street level. Getting it there took an overnight operation that involved four 3-ton capacity OZ Premium hand chain hoists, with a lifting height of 30 ft.; beam clamps attached to 30-ft. long beams; and a customized lifting platform. The 5,600-lb. car combined with the platform for a total load of 10,000 lb. To facilitate the lift (lower), four exterior doors were removed, an escalator bank was stripped, and the car was driven to the makeshift freight elevator. The store’s pillars were utilized to anchor the platform in preparation for the 28-ft. journey down to the vault level. OZ Lifting’s equipment was utilized at the point of use by the project’s rigging contractor, Concord Painting, which sourced it from OZ dealer, Eastern Rigging Supply. A steel fabricator was subcontracted to provide the lifting platform. Bob Eberheim, of Eastern Rigging, said: “The work was completed upon closure of the store one evening; it took 10 hours even when the Sapphire was in the store, such was the complexity of the job and the constant requirement to complete such lifts as safely as possible.” He added: “The yellow straps you can see in the photos were used to secure the vehicle in place, and the beams were supported by shoring towers.” The OZ Premium hand chain hoists are part of a range that spans 0.5-ton to 10-ton capacity. They offer minimal load lifting effort; double reduction gearing provides easy operation. A unique hand-wheel design enables the hand chain to successfully feed directly into the wheel sprocket from many directions and angles. Thus, the operator can use the hoist while standing to the side of, or even above, the load without fear of the hand chain jamming. All-steel construction features a long-lasting powder coat finish, while providing a long and dependable service life in harsh environments. An enclosed and protected Weston-style load brake stays clean and dry during the entire load operation. Hoists are also equipped with a unique twin pawl design for additional reliability. A sealed roller bearing provides smooth, controlled operation of the gears and shafts, which ensures maintenance-free lubrication. An article published in the New York Post reported, ‘…it’s probably the biggest stunt the store has pulled off since 1935’.
Steve Freckmann retiring as GM of ALL Crane’s Dawes Rigging & Crane Rental
Crane biz lifer logged 34 years at helm; 45 years total with company The new year will bring big changes to Dawes Rigging & Crane Rental, a member of the ALL Family of Companies, as it will be the first time in more than three decades that Steve Freckmann isn’t its general manager. Freckmann is retiring at the end of 2023 after 34 years as GM and 45 total years with Dawes. Freckmann is a crane business lifer, starting out part-time in the shop and yard as a pre-teen. In fact, it was Freckmann’s father, Thomas, who was a part owner of Dawes before selling to the ALL Family in the late 1970s. Steve Freckmann succeeded his dad as general manager in 1989. Steve Freckmann has been active and highly visible in the local and national business communities. “I’m proud of my involvement serving on the board of directors of the Association of General Contractors of Greater Milwaukee as well as various committees,” said Freckmann. “Also, I’m grateful for the time I’ve spent serving on the various committees of the Specialized Carriers & Rigging Association.” Freckmann is a longtime believer in the value of SC&RA, including a decade and a half serving on various committees, with a chairmanship on the Crane & Rigging Group, and a three-year term on the board of directors. He currently serves on the Crane & Rigging Group Labor Committee. “Even though I’ll be departing my formal service in SC&RA, I’m pleased that ALL is still represented through the participation of Rick Mikut, ALL’s crawler crane division manager, and Derek Baumgartner, our director of risk management and counsel,” said Freckmann. “The Freckmann name is legendary within the ALL Family,” said Michael L. Liptak, CEO and president of ALL. “Steve’s leadership has helped make Dawes synonymous with quality performance, integrity, and service. We wish him all the best as his decades with us come to a close.” So, what does a man do after devoting his life to cranes? For Freckmann, it will mean more time to bike, hike, and travel with his wife. There will even be some time in the winter months chasing great cross-country skiing weather in northern Wisconsin. Continuing ALL’s legacy of promoting from within, Ryan Harrison, current branch manager of the Madison, Wis., Dawes branch and a 24-year ALL veteran, will succeed Freckmann as general manager.
NORD DRIVESYSTEMS supplies the crane industry with innovative solutions to move the toughest loads
NORD’s drive solutions for cranes feature heavy-duty industrial gear motors, dynamic electronic control products, and functional safety modules to keep crane systems operating efficiently. Crane applications require special drives with a strong focus on reliability and safety. Loads must be safely lifted, precisely positioned, and gently set down, sometimes during simultaneous movement of trolleys. Whether gantry, building, bridge, floating, or other type of crane, NORD DRIVESYSTEMS offers complete drive solutions with flexible configuration options to perfectly match specific application requirements. NORD’s robust modular system offers drive systems that are easy to service and maintain along with high efficiency, output torques up to 2,495,900 lb-in, and variable frequency drives with integrated POSICON positioning mode and functional safety. NORD constructs all gear units according to their UNICASE™ housing principle. Housings are machined in a single step with bearing points precisely aligned to each other, resulting in a surface not subjected to torque and radial loads that also keeps operators protected from pinch points. This design also produces a more robust unit capable of handling heavy loads and harsh environmental conditions, while increasing service life. MAXXDRIVE® Industrial Gear Units deliver extremely high output torques up to 2,495,900 lb-in, quiet operation, and long service life. Thanks to their robust housing, they can withstand a wide variety of ambient conditions and perform well even in dusty environments, coastal areas, and environments with high humidity, heat, or large temperature fluctuations. These units feature both parallel shaft and right-angle designs and are highly configurable to application requirements with a variety of output shafts, output flanges, motor attachments, and input options to choose from. MAXXDRIVE XD Industrial Gear Units are the most recent expansion to the MAXXDRIVE product family and are engineered specifically for crane and hoist applications. These units feature a unique housing optimized for external loads and an extended center distance to accommodate a U-shaped design, enabling the cable drum and motor to be on the same side of the gear unit. Compared to NORD’s standard, compact MAXXDRIVE series, the XD center distance has been increased by 35%. The drives are available in 3-stage or 4-stage reductions with the same overall unit dimensions and center distances for a standardized design to reduce spare parts and variants. UNICASE Helical Bevel Gear Units from NORD offer a wide performance range of 0.16 – 250 hp and torque up to 442,537 lb-in. They have various shaft designs, mounting options, and bearing concepts that make them highly versatile and adaptable. When equipped with heavy-duty bearings and a spread bearing/flange mount design, these units achieve high axial and radial load capacity, experience minimum backlash, and provide a long service life to keep cranes operational with minimum downtime. NORD’s UNICASE Parallel Shaft Gear Units provide ultimate efficiency and reliability at a cost-effective price. Their compact design saves on installation space and requires less maintenance compared to traditional belt drives. They offer output torque up to 680,200 lb-in, versatile shaft and mounting options, and can be configured with heavy-duty bearings for maximum load capability. NORD variable frequency drives provide cranes with dynamic, intelligent movement. They can synchronize gear motors to work in tandem to hoists and move loads for trolley or travel drives, be programmed to enable steady operation for swivel drives, and provide soft starts and braking via defined adjustable ramps to safely pick up and set down loads. NORD’s cabinet control solutions include the NORDAC PRO SK 500P Variable Frequency Drives. This product family has five frame sizes to choose from with scalable functionality ranging from the basic SK 500P version to the advanced SK 550P version. Easy operation is achieved with multiple integrated interface options and full PLC functionality to configure each drive parameter. Functional safety options like STO and SS1 are also available to further protect operators, product, and entire systems. Decentralized drive solutions from NORD include the NORDAC FLEX SK 200E Variable Frequency Drives. These drives are NORD’s most flexible VFDs and offer reduced Total Cost of Ownership (TCO) and greater Return on Investment (ROI). With their versatile functionality, wide range of extension modules, and flexible mounting options, they can be customized to all application needs. Integrated brake rectifiers for motor brake control and an integrated brake chopper enable safe operation of heavy crane loads and ensure downtimes are avoided by proper speed management. NORDAC FLEX VFDs additionally offer multiple functional safety options such as STO, SS1, SLS, SSR, and PROFIsafe to further ensure systems operate safely. From design and commissioning to service and maintenance, NORD supports its customers in all phases of the project and supplies high quality solutions that meet international standards. Thousands of NORD drives are already in operation in crane systems around the world supported by a global assembly and service network guaranteeing short delivery times, comprehensive support, and rapid on-site service.
Central Rent-A-Crane of Indianapolis wrapping up expansion
Big changes are coming soon to Central Rent-A-Crane of Indianapolis, a member of the ALL Family of Companies, as the branch is in the final phase of an expansion project to better serve its customers. It will soon move to a new 14-acre property in nearby Fairland. Construction is wrapping up on a new 17,000-square-foot facility at the property. It features five service bays, including one 30-foot-wide wash bay, 55-foot ceilings, and heated floors. Another 6,000 square feet is dedicated to offices, 4,000 square feet for parts on the mezzanine level, and 4,000 square feet will be reserved for future expansion. The surrounding acreage provides plenty of space for cranes. The office space includes a breakroom large enough for 60 people, which will double as a safety training space. “The new facility is a service dream,” said Kevin Hileman, general manager of Central Rent-A-Crane of Indianapolis. “With the high ceilings, we’ll be able to extend crane booms for service indoors, and the heated floors will make a huge difference for our service technicians.” Hileman says the new facility speaks to ALL’s commitment to service. “The market has granted us huge success because they’ve responded to our customer-first approach to business,” said Hileman. “At our present rate of growth, we’re building this facility to accommodate future expansion.” A grand opening celebration will be scheduled to mark the formal opening of the new branch headquarters. The Indianapolis branch is one of 33 ALL Family branches throughout North America. In Indiana, ALL also operates Central Rent-A-Crane branches in Fort Wayne and Hammond.
CanLift achieves 100% growth rate in two years and exhibits scalability in a competitive market
Family-operated enterprise achieves significant milestone powering businesses with aerial lift, material handling, and earthmoving equipment CanLift Equipment Ltd. (“CanLift”), one of Ontario’s largest independently owned lift equipment providers, has achieved a remarkable 100% growth rate in just two years, affirming its status as a scalable enterprise. CanLift operates from two locations based in Burlington and London, Ontario with a dedicated workforce of over 45 employees. They have strategically positioned itself for success with a fleet of over 1,100 machines and substantial investments in its infrastructure including trucks, drivers, and mechanics. CanLift’s growth is a result of a holistic business model that prioritizes workforce development, product diversification, strategic expansion, and logistical efficiency. The Company’s ability to navigate exponential growth while preserving its foundational values that derive from being a family-owned and operated business has drawn in a diverse clientele and veteran industry staff. “I joined CanLift because of its growth-oriented vision,” says Joe Gould, CanLift’s Director of Business Development who has served in various leadership positions at renowned companies within the equipment and machinery sectors. “In a market dominated by multinationals and private equity, our accessibility, hands-on approach, and commitment to customer satisfaction sets us apart from our competitors.” The availability of fleet equipment for both rental and purchase has also been integral to the Company’s success. “Our recent investment in over 100 large boom lifts ranging in size from 80 to 185 ft is a testament to our growth and innovation. We believe that by introducing higher-reaching aerial platforms, we can provide our customers with an alternative to traditional suppliers in this market segment,” comments Johnny Dragicevic, CanLift’s Managing Partner. CanLift prides itself on a service-centric approach, combining a competent and passionate sales team, a highly skilled service team, and a reputable network of partners with a large fleet of new and used equipment.
OZ Lifting Launches Davit Crane Wheelbase
Winona, Minnesota-based OZ Lifting Products LLC has launched a wheelbase that can be used with its full range of davit cranes up to 1,200 lbs. capacity. The USA-made wheelbase is adjustable and has four different length positions: it measures from 56.57” to 77.57” long; 32.44” wide; and 36.87” high. It weighs 140 lbs. when fully assembled, without a crane’s pedestal base, so total weight will depend on the davit being used. Wheelbases will be shipped on a pallet and require assembly at the point of use. Offering durable steel construction with powder-coat finish, oversized casters make rolling the base and moving the crane easy. The wheel base features a patented floor anchoring system, which allows the davit to rotate 360 degrees, even when under load. The manufacturer will part-number and sell the wheelbases with the pedestal base to match the davit crane the user wants. This will make the process straightforward for the customer. Mobile crane Richard Miller, sales manager at OZ Lifting, said: “Demand for such a solution has steadily increased over the last few years. Our customers try to leverage the benefits of our lightweight davit cranes with the ability to use them in different ways and locations. The [wheel] base allows them to move the crane to various points within a facility; the applications are limitless. The main benefit is that users do not have to permanently mount a base at the pick location.” The base will be compatible with the majority of the company’s cranes, including the 500 lbs. and 1,200 lbs. capacity versions of the Tele-Pro, which allows users to leverage the benefits of other lifting technologies in its range while telescoping the boom in and out under load. (This line also features a 2,500 lbs. model, not suitable for use with the wheelbase.) It will also be widely utilized with the Alumi-Lite series of ultra-portable davit cranes, an aluminum series targeted specifically at applications where portability is beneficial; the XR Series; and the steel davit crane. In each of these cases, 500 lbs. and 1,000 lbs. models are available. The CompOZite and CompOZite Elite carbon fiber models, meanwhile, are both offered in 1,200 lbs. capacities. Safe use OZ Lifting will ship the wheelbase with a detailed operator’s manual, which highlights the dos and don’ts when using it. For example, the user must have the legs adjusted to the appropriate length, depending on the crane, so that the end of the boom is in line with the front wheels. The davit crane must also be locked in place using a special locking collar, so the boom doesn’t go outside the width of the legs, causing it to tip over. Miller said: “Only when the wheelbase is anchored using our patented system, can they rotate the davit crane when under load.” New wheels Having previewed the wheelbase at the recent Water Environment Federation’s Technical Exhibition & Conference (WEFTEC) in Chicago, OZ Lifting will show it at the AHR Expo (Booth S10534), which takes place January 22-24, 2024, also at McCormick Place. The wheelbase will be showcased alongside the full range of davits at an expo that attracts a delegation of heating, ventilation, air-conditioning, and refrigeration (HVACR) professionals.
The Devil is in the detailing
In the crane design world, how beams are joined together is called connection detailing and getting these details right can literally make or break a crane. Besides reducing a crane’s potential for collapse, proper connection detailing can also extend a crane’s service life by up to 400%. As we know, cranes experience their full rated load much more often than other structures, such as buildings and bridges. While an engineer might not be surprised that cranes see their rated load as often as they do, what is not so obvious is the consequences of millions of cycles at the full rated load. These consequences are known as “fatigue”. Fatigue is the term used to describe the failure of a steel member below its yield stress due to cyclic loading. By understanding fatigue and implementing fatigue design strategies and concepts, the crane engineer can go a long way in removing the “devil” from the detailing. Effect of weld contour details on stress flow and fatigue behavior. Poor fatigue detailing increases the risk of cracking, which can lead to sudden connection and member failures. The long-term benefits of good fatigue detailing are longer inspection intervals and less repair work, resulting in reduced maintenance and repair costs. Smooth transfer In the structural crane design world, fatigue detailing is a special class of connection design. Fatigue detailing improves the smooth transfer of loads from one beam to another by reducing stress concentrations. Stress concentrations—also called stress risers—are created when one area of a connection is more highly stressed than adjacent areas. This condition is usually the result of an abrupt change in geometry, especially around sharp corners. Good fatigue detailing reduces stress concentrations by limiting the effects of geometry changes when connecting one beam to another. Many crane design codes address fatigue detailing by separating connection types into classes based on the severity of their stress concentrations. Historically, stress concentration factors have been found using experimental techniques though advances are being made in finite element analysis (FEA) to approximate the initiation and propagation of fatigue cracks more accurately. This is also true in many of the experimental sensors, such as strain gauges. Modern-day technology is relevant here, as it is with everything else. The improvements of computer chips have been remarkable. They allow engineers to run very computationally demanding calculations that take a computer the same amount of time to complete as it takes for the engineer to grab a cup of coffee from the office kitchen. We can run multiple design iterations and compare results much more quickly than before. This allows engineers to consider more connection details than they could have previously. However, properly setting up and verifying the results of the FEA model is now the bottleneck. An important complement to connection detailing is proper fabrication. On-site inspection during all phases of a crane’s construction is a must to ensure the as-designed fatigue detailing is properly implemented. Inspectors help make sure plates are properly fit up and clean before welding. Weld inspectors review weld geometry for proper setup and carry out non-destructive testing. Misaligned transfer Good fatigue detailing extends to mechanical components as well. Engineers must maintain proper alignment of machinery for power transfer to occur efficiently and consistently. For a hoist-on-trolley arrangement, if the hoist machinery is not designed for the flexing of the trolley frame as the crane picks up a load, then the hoist machinery is likely to become misaligned during the pick. At best, misaligned mechanical components are less effective—brake pads do not contact properly, leading to reduced brake torque, shafts become misaligned, leading to larger loads and accelerated wear, and gears may no longer mesh correctly—leading to shortened service life and increased maintenance costs. At worst, a coupling, gearbox, or other component can fail, putting the load at risk of dropping and requiring the crane to be immediately removed from service for costly and time-consuming repairs. Do you know your crane? Knowing that proper connection detailing alone can be the difference between a 10-year service life and a 40-year service life, do crane owners really “know” the life of their cranes? As a crane completes its first decade of service, do owners know the service life of their cranes and can they confidently say how much service life remains? The answers can typically be found in the crane purchase specifications and the crane maintenance/service log. The purchase specifications state the number of moves for which the crane needs to be designed. By comparing the design moves to the actual moves in the service log, a fairly good idea of the remaining service life can be extrapolated. Of course, this approach assumes the crane’s actual service life will meet the specified design life. However, some of these cranes have design lives of 20 years or more so it takes a long time to see if the design is successful. Sometimes design life is measured in cycles. A crane may perform over two million lifts during its useful life. If the connection designs are susceptible to cracking, the crane is more likely to have higher maintenance costs and may even fail much earlier, than a crane with proper connection detailing. Tired viewpoint Many people think of fatigue as the “wearing out” of steel but this is not quite right. Fatigue failure occurs in components subjected to a high number of cycles of fluctuating stresses. Under these dynamic conditions, failure can occur at a stress level that is significantly less than that of a static load. However, if the fluctuating stresses are low enough and in an ideal environment, steel can have an infinite fatigue life. A crack appears at a welded connection. Cracks are a common mode of fatigue failure and originate from initial flaws in the steel. They can propagate from many sources, including high cycle fatigue, poor manufacturing, corrosion, and overload events such as snags, earthquakes, or storm winds. The initial flaws may be microscopic or macroscopic. Growth rate increases with crack size so
Terex announces leadership succession plan
John L. Garrison, Jr. to retire as Chairman and CEO effective January 1, 2024 Simon Meester, current President Terex Aerial Work Platforms, named next CEO Joshua Gross named next President Genie Raises Full Year 2023 Outlook Terex Corporation has announced that John L. Garrison, Jr. is retiring as Chairman and Chief Executive Officer and a member of the Board of Directors, effective January 1, 2024. Garrison will be succeeded by Simon Meester, current President Terex Aerial Work Platforms, as the Company’s President and Chief Executive Officer. Meester will also join the Company’s Board. Garrison will work closely throughout the remainder of 2023 with Meester to ensure a seamless and orderly transition of responsibilities. Joshua Gross, current Genie Vice President of Global Strategy and Product Management, will be promoted to President Genie. Garrison will continue as a consultant for Terex after January 1, 2024 through June 30, 2024. David Sachs, currently lead independent director of the Terex Board will become Non-Executive Chairman of the Board effective January 1, 2024. Garrison said, “Leading Terex has been the highlight of my career. Without a doubt, our success and achievements have been driven by our dedicated, engaged team members who live our Terex Way Values and Zero Harm Safety culture each and every day. Terex is in as strong a position as it has ever been in and now is the right time to begin the transition to Terex’s next leader. I have had the privilege of working closely with Simon for a number of years and he has proven to be a global, strategic thinker with a natural ability to lead teams and drive results. I have great confidence that he is the right leader for Terex as the Company focuses on delivering long-term value for its stakeholders.” Sachs said, “On behalf of the entire Board, I want to thank John for his significant contributions, leadership and dedicated years of service to Terex. Since his appointment as CEO, he has been instrumental in transforming our Company into the Terex of today which comprises a very strong portfolio of market leading businesses. Under his leadership, Terex has experienced remarkable success and remains well positioned for continued growth. The naming of Simon as the next CEO is the culmination of a thorough and orderly succession planning process undertaken by the Terex Board, that included the evaluation of internal and external candidates, to ensure continuity of leadership. The Board is confident that Simon is the right choice to lead Terex in its next phase of growth and value creation for our shareholders.” “I am excited and humbled to be named the next CEO of Terex,” said Meester. “It is an honor and privilege to represent our dedicated and hardworking team members. We are in a great position for the future given our strong foundation, and I look forward to continuing to work closely with John to ensure a seamless transition. In the months ahead, I also will continue to work closely with Josh Gross to ensure a smooth transition at Genie. Josh has been a critical member of the Genie leadership team and is the right person to successfully drive Genie’s strategic initiatives going forward.” Gross said, “I look forward to working alongside Simon and our leadership team as we continue to provide our customers with industry leading products and services. This is an exciting time for our business and an incredible opportunity to build the future together with our customers.” Raises Full Year 2023 Outlook Terex expects its full year 2023 earnings per share results to be approximately $7.05. The Company will provide a detailed full year 2023 outlook when it releases its third quarter 2023 financial results on October 26, 2023. About Simon Meester Simon Meester has been President Aerial Work Platforms since May 2023. He was appointed President, Genie, on August 1, 2021. Previously, Mr. Meester had been serving as Chief Operating Officer of Genie since June 2020. He joined Terex in 2018 as Vice President, Global Sales and Marketing Administration for Genie. Prior to joining Terex, he was VP and General Manager of the Industrial Control Division at Eaton Corporation. Earlier, he spent 14 years in progressively senior roles at Caterpillar, Inc., before becoming President, Sandvik Mining and Construction in India. He has managed global teams and operations for more than 20 years, based in seven countries, including 11 years in the United States. He holds an MBA from the University of Surrey, England and a Bachelor of Science in automotive engineering, Apeldoom, Netherlands. About Josh Gross Josh has been Genie’s Vice President Global Strategy and Product Management since July 2022, and prior to that was Vice President Global Commercial Operations since August 2020. Josh joined Genie in 2019 and has led areas including strategy, product management, Genie Operating System, marketing, pricing and sales, inventory and operations planning (SIOP). He has worked closely with Simon in reimagining Genie’s brand positioning, resulting in the launch of Genie’s updated brand promise, “Quality by Design.” Before joining Genie, Josh spent almost 11 years with Eaton, where he served in a variety of roles in increasing levels of responsibility including Plant Operations Manager and Multi-Site Leader, Global Product Line Manager (P&L Leader), Product Manager, and Senior Sales Engineer. Josh holds BS degrees in Aerospace Engineering and Mechanical Engineering from West Virginia University, and an MBA from Marquette University.
Gorbel®wins rare Platinum Distinction at 2023 Greater Rochester Quality Council Awards
Victor, NY based manufacturing company receives seldom-presented Platinum Award in Team Excellence for their Destuff-itTM Portable Ergonomic Conveyor Implementation Project Gorbel®, a provider of cranes and ergonomic lifting solutions in the material handling industry, has announced that it has been honored with a Platinum Award in Team Excellence from the Greater Rochester Quality Council (GRQC) at their annual Performance Excellence Awards at the Locust Hill Country Club in Pittsford on October 11. The mission of the GRQC and purpose of this event is to celebrate local organizations that have demonstrated outstanding performance and continuous improvement. Awards are divided into three categories: gold, silver, and bronze. On rare occasions, a platinum award is granted to organizations that exceed the stringent criteria set forth by the GRQC. Gorbel® received this award in recognition of the Destuff-itTM Implementation Project, which involved acquiring the Canadian conveyor system and bringing it to production in the United States during the COVID-19 pandemic. This project was completed in just six months and was meant to sustain the company through a period of economic uncertainty. “This remarkable achievement is a testament to the dedication, hard work, and exceptional teamwork exhibited by members of our organization,” wrote Franklin Allen, Director of Quality and Continuous Improvement at Gorbel®. “We are committed to delivering the highest quality products and services to our customers and will continue to innovate and excel in the years to come.”