Crosby LoadConnect software goes global
The Crosby Group announces the launch of the Crosby Straightpoint LoadConnect cloud-based software, which can monitor loads from any distance and from anywhere around the world to improve safety and efficiency at work sites. When connected to a wireless base station, load cell data is transmitted to the unique cloud software solution, LoadConnect. This unique online dashboard provides users with fast, real-time load data, monitors errors and status, and has a map pinpointing exact product locations. It also provides an overview of productivity and utilization. Users can also access more in-depth statistics, historical readings, and view analytics via the dashboard, as well as schedule reports directly to any chosen email. This will reduce site visits, improve decision-making, and safely monitor loads and line tensions from any distance or location. Each base station can connect from up to 16 Crosby Straightpoint wireless load cells, with an option of one cabled load cell, which transmits data to the LoadConnect dashboard via a chosen network or nearby WiFi. When connected via a network, LoadConnect also has the option to send data to a user’s mobile phone. This software is compatible with Crosby’s most popular wireless product, the Radiolink Plus, in addition to the Loadshackle (also tensile) and LoadSafe (compression), and LoadConnect complements the Crosby Straightpoint brand’s newest product, BOLT (Bolt On Line Tensiometer), a lightweight wire rope tensiometer or shunt tensiometer, for fast and accurate measurement of tensions up to 20,000 lbs. (10,000 kg), and up to 1.25 in. (32mm) diameter. BOLT is designed for permanent installation, hence its suitability with LoadConnect. Thomas Dietvorst, Director of Technology Solutions, said: “This is a ground-breaking software solution, whereby you will be able to monitor loads from any distance from anywhere around the world. LoadConnect will prove to be a game-changer for anyone using our wireless load cell range in industries such as telecommunications and bridge nets, eliminating the need for personnel to regularly visit remote locations to check line and wire tension. There are also many use cases in the construction sector and other industries where similar projects are common, such as shipbuilding to monitor weight as loads are applied and nuclear power plants to prevent catastrophe.” Where BOLT is different from Crosby Straightpoint’s COLT (Clamp On Line Tensiometer) is that it can be left in a permanent position and connected to the HHP handheld reader and/or LoadConnect software. The BOLT has a single-wire rope range that is optimized for permanent installation applications. Customers needing a broader application base can still use the COLT which transmits tension data wirelessly to any smart device running the Android or iOS app that contains an infinite wire rope library. Dietvorst added: “The two products are each as important to our portfolio as the other and, with LoadConnect’s characteristics aligning so well with BOLT, the hardware, and software will likely be used together in many instances. There are a multitude of applications where remote monitoring is desirable, especially where defective wire rope and repairs can be alerted and effected quickly and efficiently, without in-person inspection.” BOLT is manufactured using an integral, high accuracy, wireless module—weighing just 2.1kg/4.6lbs and measures 259mm/10.2” by 159.1mm/6.26”. Constructed from aerospace-grade aluminum, the BOLT is lightweight, easy to handle, and operates on wires that are already under tension. Once installed it enables the operator to quickly check tension on cables or wire ropes set at any angle. Crosby Straightpoint’s BOLT and LoadConnect cloud-based software is now available from global channel partners.
Holland High-Lift, Inc.
Caldwell expands RUD ACP-Turnado Lifting Point Range
The Caldwell Group Inc. has expanded its series of RUD ACP-Turnado lifting points, with Max and Supermax versions. Caldwell partners with the RUD Group to unite their sales and marketing activities in North America for RUD material handling and lifting devices within a common organization. The RUD portfolio includes slings and lifting points for the most complex tasks for integration into almost any application. A lifting point is the connection between the lifting gear and the load. It connects the load with the lifting gear both during lifting and rotation as well as during the turning and movement of loads. Lifting points include ring lifting lugs, eyebolts, flanges, etc., that the sling is attached by using hooks, shackles, or other connection elements. ACP stands for automatic center point; the RUD ACP-Turnado’s lift shackle immediately turns in the load direction automatically when it is lifted, so it cannot remain in an incorrect position. Dangerous transverse loads and a sudden drop of the load are excluded, thanks to a unique spring mechanism. With the relaunch, RUD has gone one step further in terms of working load limit (WLL). The smart ACP-Turnado lifting point is now available from M8 to M100 as well as ½” to 4″, each with all the well-known advantages of the concept. This means that a suitable solution is now available for an even greater variety of applications, including extreme heavy-duty use. The RUD ACP-Turnado Max (launched in April) brought to market M48, M52, M56 / UNC inch threads in size 2″ and the Supermax, the M64, M72, M80, M90 and M100 / UNC inch threads in sizes 2 ½”, 3″, 3 ½” and 4″. The family is now available with metric threads in diameters M8, M10, M12, M16, M20, M24, M30, M36, M42, M48, M52, M56, M64, M72, M80, M90 and M100 as well as with UNC inch threads in sizes ½”, ⅝”, ¾”, 1″, 1 ¼”, 1 ½”, 1 ¾”, 2″, 2 ½”, 3″, 3 ½” and 4″. A practical feature of Max and Supermax versions is the deflector disc, which makes the user’s work easier. It is equipped with an angle marking and thus enables a quick, simple assessment of the current stop angle. The disc also displays important information for the user such as the WLL specification in “t” and “lbs”, the design factors 4:1 and 5:1, as well as the torque moment. Thanks to this, the ACP-Turnado fulfills the requirements of the American standard ASME B30.26. Furthermore, wear lenses are installed at the critical points of the power transmission, making it easy to assess whether the lifting point has already reached discard maturity. Smart lifting point Robert Allen, outside sales manager for the RUD product line in the U.S. and Canada, said: “Since the ‘smart’ centric lifting point automatically turns into the correct load direction when the load is lifted, the lift bail cannot remain stationary, and a sudden drop of the load is not possible. The innovative spring mechanism is the actual heart of the ACP-Turnado. It provides its unique ‘intelligence’ and makes it a ‘smart’ lifting point.” The RUD catalog covers products from solid chains to diverse screw variants and includes items that are manufactured for use in specific end-user markets. Allen added: “RUD lifting points, like other products, have stood for top quality, ergonomics, and safety in lifting technology and load securing for more than 35 years. More than 700 tested boltable and weldable lifting point variants in load ranges up to 250 tons meet maximum requirements in all areas of application in combination with the unique variety of applications of our ICE and VIP chain systems.” As with smaller RUD ACP-Turnado lifting points, large versions have a universal bolt head with internal and external hexagons, which enables optimum handling. The bolt is captive, but still replaceable, which is useful in many applications. In addition, there is an adapted thread length for each dimension instead of a standard thread length across several sizes. Jürgen Grubmüller, marketing director at RUD, said: “This concept allows us to offer fully customized thread types, thread sizes as well as thread lengths even in smallest batch sizes. Even customized special threads or special lengths up to 300mm are possible; this means that each of the three designs…is optimally matched to a defined [WLL] range and individual requirements.” RUD ACP-Turnado Max and Supermax will be in stock at Caldwell and ready for shipping within the U.S. by the end of July.
Techlift International has acquired Chariots élévateurs GCS
Techlift International has acquired Chariots élévateurs GCS, thus becoming its fourth branch. With branches in Drummondville, Victoriaville, Sherbrooke and now Montreal, Techlift is taking a big step towards its goal to cover the entire Quebec territory. Kevin Lecouffe joins the team as Branch Manager. “We are happy to welcome Kevin and the GCS employees to the Techlift family. This is a great day for us and I thank the team for their confidence. We are looking forward to the success we will have together” – Guillaume Joyal, President of Techlift. Techlift will now offer an even wider range of products designed to help our customers more efficiently manage their equipment fleet.
CP&A: ‘Is Hiring a Consultant Better Than an Employee?’
Casper, Phillips & Associates (CP&A), based in Tacoma, USA, has seen a rise in demand for its engineering design services, leading to the conclusion that companies have decided that it is better to hire a consultant rather than take on an employee, and is looking further at the benefits of this. According to Richard Phillips, a mechanical engineer at CP&A, the advantages to companies outsourcing work reduces the cost of a salaried employee and associated taxes and health care with that as well as overhead costs of hiring office space and computers. It could also solve the current problem of labor shortages by finding someone who has the right skills and experience and staff training. “We don’t want to work for our clients as their employees. Therefore, all our engagements are closed-ended. We determine how many program days are required to do a project, and charge for them, and only them. On successful completion of a project many clients then ask us to help with other projects, continuing the relationship. But, when the final program day comes, we move on to the next project,” said Phillips. “Our primary goal is to give our clients a competitive advantage over the competition. We are essentially a team that can be quickly hired and laid off without any onboarding costs or severance packages. If I were an employee, I’d strive for the opposite: permanence and dependency. “Our clients pay nothing into a 401k [profit-sharing plan that allows employees to contribute a portion of their wages to individual accounts] on our behalf, and because we are outside vendors, the typical employee taxes and benefits don’t apply. We have our own computers, software, office space, etc. While we may charge multiples of what typical employees are paid, we can be more cost-effective, because we don’t have any idle time. In other words, our work is 100% put towards production. We don’t bill for typical overhead costs such as estimating, writing proposals, and other non-billable tasks that employees need to perform. “Another competitive advantage is the fact that we are outside experts. Our clients don’t currently have our capabilities, ideas, experience, or capacity to innovate. And we can be objective and work only at the margins of company politics. We’re not there to fit in, but to help them to stand out.” Clients who have previously worked with CP&A include National Oilwell Varco’s AmClyde brand, where CP&A provided the structural design of two different Whirley cranes for Ingalls Shipyard. Additionally, CP&A has provided design services to container crane manufacturers such as DHHI, DOOSAN, HHMC, IMPSA, and ZPMC. In the overhead crane industry, CP&A has provided structural and mechanical designs that were built by American Crane & Equipment Corporation. Phillips added, due to the labor shortage issue, a lot of companies have been looking more into the idea of outsourcing, to see if it’s better than hiring someone full-time. “There are advantages such as not having to carry out a training period, because we are already experienced engineers. We all know how to work together and although our billing rates may be higher, it’s justifiable because they don’t have to pay for benefits, employment taxes, or pension funds,” he added. “There’s two ways to do cranes. There’s design-build, where companies hire us to work under the fabricator. And then there’s design, bid, and build, where we design the crane and support the owner in a bidding contract.” CP&A also specializes in designing cranes that can survive an earthquake, otherwise known as seismic analysis. The company received many requests from various ports following the earthquake in Turkey on February 6, 2023, when a 7.8 magnitude earthquake rocked the country southeast near the Syrian border. CP&A designed a set of container cranes equipped with an anti-systemic system for DHHI for Asyaport in Turkey that were designed for a D3 level earthquake. A D3 level earthquake is a maximum considered earthquake that is expected to occur once in approximately every 2,500 years. “When you design a crane for an earthquake, the minimum that you must do is make sure the crane doesn’t collapse. It doesn’t have to be operational, and workers must be able to get off the crane safely. However, BASIS [crane base anti-seismic isolation system] will allow a crane to be operational after a much higher magnitude earthquake, keeping the top structure stable using special friction dampers as the ground shifts beneath it. We set the friction dampers to slip at a certain force so that the friction dampers do not slip during normal operation,” said Phillips. “It’s an innovative use of technology, which existed before we designed the BASIS system, but only in buildings in certain seismic regions such as Asia, South America, and West Coast USA. We are the first to use friction dampers for base isolation in the crane industry.”
The Manitowoc Company reports First-Quarter 2023 financial results
First-Quarter 2023 Highlights Net sales of $508.3 million, up 10.7% year-over-year Diluted net income per share of $0.46, up $0.37 year-over-year Adjusted EBITDA(1) of $45.1 million, margin percentage of 8.9% Non-new machine sales of $151.0 million, up 16.7% year-over-year The Manitowoc Company, Inc. today reported a net income of $16.5 million, or $0.46 per diluted share. Net sales increased 10.7% year-over-year to $ 508.3 million and were unfavorably impacted by $11.2 million from changes in foreign currency exchange rates. Adjusted EBITDA(1) was $45.1 million, an increase of $13.9 million or 44.6% from the prior year. Orders were $524.8 million, a 9% increase from the prior year. Orders were unfavorably impacted by $8.5 million from changes in foreign currency exchange rates. The backlog increased $19.7 million to $1,075.7 million as of March 31, 2023, from $1,056.0 million as of December 31, 2022. Net cash provided by operating activities was $15.4 million and free cash flows(1) were $4.8 million, an increase of $9.8 million and $7.9 million, respectively, from the prior year. “Manitowoc delivered a solid first quarter, generating $508.3 million in revenue and $45.1 million of adjusted EBITDA. I am very proud of our team who demonstrated great resolve to overcome continuing supply chain, labor, and logistics challenges in the quarter. During the quarter, we continued to make meaningful progress on our CRANES+50 strategy by growing non-new machine sales by 16.7% year-over-year,” commented Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc. “Given our backlog and first-quarter results, we feel confident about our guidance. Looking out, however, we can see a slowdown in the European tower crane business and are cautious regarding the impact higher interest rates could eventually have on demand. While we continue to manage through the challenging environment, we remain committed to our CRANES+50 strategy to reduce cyclicality and improve profitability,” added Ravenscroft. THE MANITOWOC COMPANY, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except per share and share amounts) Three Months Ended March 31, 2023 2022 Net sales $ 508.3 $ 459.0 Cost of sales 402.0 374.0 Gross profit 106.3 85.0 Operating costs and expenses: Engineering, selling, and administrative expenses 75.1 66.5 Amortization of intangible assets 1.0 0.8 Restructuring expense — 0.1 Total operating costs and expenses 76.1 67.4 Operating income 30.2 17.6 Other expense: Interest expense (8.1 ) (7.4 ) Amortization of deferred financing fees (0.3 ) (0.4 ) Other expense – net (1.1 ) (0.2 ) Total other expense (9.5 ) (8.0 ) Income before income taxes 20.7 9.6 Provision for income taxes 4.2 6.5 Net income $ 16.5 $ 3.1 Per Share Data and Share Amounts Basic net income per common share $ 0.47 $ 0.09 Diluted net income per common share $ 0.46 $ 0.09 Weighted average shares outstanding – basic 35,121,473 35,131,889 Weighted average shares outstanding – diluted 35,748,021 35,565,935 THE MANITOWOC COMPANY, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In millions, except par value and share amounts) March 31, 2023 December 31, 2022 Assets Current Assets: Cash and cash equivalents $ 56.5 $ 64.4 Accounts receivable, less allowances of $5.4 and $5.3, respectively 250.6 266.3 Inventories 720.6 611.9 Notes receivable — net 9.4 10.6 Other current assets 42.3 45.3 Total current assets 1,079.4 998.5 Property, plant, and equipment — net 331.6 335.3 Operating lease right-of-use assets 43.0 45.2 Goodwill 79.9 80.1 Intangible assets — net 126.6 126.7 Other long-term assets 30.6 29.7 Total assets $ 1,691.1 $ 1,615.5 Liabilities and Stockholders’ Equity Current Liabilities: Accounts payable and accrued expenses $ 518.1 $ 446.4 Customer advances 24.0 21.9 Short-term borrowings and the current portion of long-term debt 7.9 6.1 Product warranties 46.5 48.8 Other liabilities 21.1 24.6 Total current liabilities 617.6 547.8 Non-Current Liabilities: Long-term debt 369.5 379.5 Operating lease liabilities 32.8 34.3 Deferred income taxes 4.9 4.9 Pension obligations 53.5 51.7 Postretirement health and other benefit obligations 8.0 8.2 Long-term deferred revenue 14.7 15.6 Other non-current liabilities 37.3 35.7 Total non-current liabilities 520.7 529.9 Stockholders’ Equity: Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding) — — Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 35,142,881 and 35,085,008 shares outstanding, respectively) 0.4 0.4 Additional paid-in capital 605.8 606.7 Accumulated other comprehensive loss (108.0 ) (107.9 ) Retained earnings 120.8 104.3 Treasury stock, at cost (5,651,102 and 5,708,975 shares, respectively) (66.2 ) (65.7 ) Total stockholders’ equity 552.8 537.8 Total liabilities and stockholders’ equity $ 1,691.1 $ 1,615.5 THE MANITOWOC COMPANY, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Three Months Ended March 31, 2023 2022 Cash Flows from Operating Activities: Net income $ 16.5 $ 3.1 Adjustments to reconcile net income to cash provided by operating activities: Depreciation 13.9 16.1 Amortization of intangible assets 1.0 0.8 Stock-based compensation expense 3.1 3.1 Amortization of deferred financing fees 0.3 0.4 Net unrealized foreign currency transaction losses (gains) (1.6 ) 1.4 Changes in operating assets and liabilities: Accounts receivable 17.1 (7.7 ) Inventories (100.6 ) (69.4 ) Notes receivable 1.7 3.0 Other assets 3.2 0.4 Accounts payable 56.2 54.6 Accrued expenses and other liabilities 4.6 (0.2 ) Net cash provided by operating activities 15.4 5.6 Cash Flows from Investing Activities: Capital expenditures (10.6 ) (8.7 ) Proceeds from the sale of fixed assets 2.0 — Net cash used for investing activities (8.6 ) (8.7 ) Cash Flows from Financing Activities: Payments on revolving credit facility – net (10.0 ) (20.0 ) Other debt – net (1.9 ) (0.8 ) Exercises of stock options 0.3 0.1 Common stock repurchases (3.5 ) — Net cash used for financing activities (15.1 ) (20.7 ) Effect of exchange rate changes on cash and cash equivalents 0.4 — Net decrease in cash and cash equivalents (7.9 ) (23.8 ) Cash and cash equivalents at the beginning of the period 64.4 75.4 Cash and cash equivalents at the end of the period $ 56.5 $ 51.6 Non-GAAP Financial Measures Adjusted net income, Adjusted DEPS, EBITDA, adjusted EBITDA, and free cash flows are financial measures that are not in accordance with U.S. GAAP. Manitowoc believes these non-GAAP financial measures
SeaPac Engineering
JLG reveals Next-Generation ClearSky Smart Fleet™ IoT capabilities
Company’s new two-way fleet management and communications platform coming soon JLG Industries, Inc. has offered a first look at the new ClearSky Smart Fleet™, a next-generation Internet of Things (IoT) platform for true, two-way fleet management and machine interactivity, today at the Summit of the International Powered Access Federation (IPAF) in Berlin, Germany. This JLG® system will launch in late Summer/early Fall 2023. “Telematics today can only do so much,” says Ara Eckel, director of product management for JLG’s connected solutions. “ClearSky Smart Fleet reimagines what’s possible, paving the way to a new frontier for connectivity solutions in the industry. More than yet another singular piece of software, it’s built as a robust, constantly evolving IoT platform capable of delivering new functionality, new insights, and new ways to run cost-effective operations.” This generation of ClearSky is a ground-up redesign, adding innovative elements to transform the way customers work. Key features include: Digitized daily processes for operational efficiencies Accurate and efficient machine location Additional equipment service capabilities Streamlined logistics with Automated Site Networks Actionable, on-demand machine and fleet insights According to Eckel, ClearSky Smart Fleet will be standard on most new machines produced later this year, and customers with existing JLG products can continue to use the legacy ClearSky program for their connected needs. Both platforms will be integrated into Online Express, JLG’s 24/7 e-Commerce site. Additional details about ClearSky Smart Fleet will be coming soon. Visit smartfleet.JLG.com for the most up-to-date information.
Dialight introduces DC Crane Vigilant High Bay fixture for overhead crane applications
Dialight announced the availability of its newest fixture, the DC Crane Vigilant High Bay, designed to specifically meet the needs of overhead crane applications. Overhead crane applications, common to heavy industrial settings such as metals and steel processing, are notorious for large voltage swells and dips, which occur during the operation and regeneration of the cranes. Even the most robust lighting fixtures face the risk of failure in these unforgiving conditions. Compromised power supplies and electronic components can plunge work areas into darkness or put the lights into a fault state, introducing an unnecessary safety risk. Dialight’s DC Crane Vigilant High Bay features a wide 250-480VDC input range with built-in 6kV surge protection and can handle short-term voltage swells of up to 778VDC for at least 60 seconds. In addition to Dialight’s integrated custom power supplies, these fixtures also carry additional features to withstand harsh industrial environments, including a copper-free aluminum housing with a dual powder coat finish, robust tempered glass lens, IK10 impact rating, and an ambient temperature range of up to 65°C on most models. With a broad lumen output range of 12,000 lumens up to 40,000 lumens, there are models to suit a wide variety of mounting heights and applications. “Dialight has long been the gold standard in LED lighting for hazardous and industrial applications”, said Fariyal Khanbabi, Dialight CEO. “We are proud to be able to expand our offering to those with specific performance needs to meet the challenges of overhead crane operation. Our DC Crane fixture offers customers Dialight’s hallmark reliability and industry-leading 10-year warranty with specific features to protect against voltage sags and swells.” Dialight has a proud heritage of robust engineering and comprehensive product testing. The DC Crane Vigilant High Bay has been vibration tested to Lloyd’s Register and IEC 60068-2-6 across a broad frequency range of 10-150Hz, and 750,000 cycles. It carries Dialight’s industry-leading 10-year warranty to ensure long-term reliable operation, even in the most difficult environments.
#GLAD2023 turns to individuals, End-users
Global Lifting Awareness Day—#GLAD2023—has arrived at the point of use, as July 13th draws nearer. Driven by the Lifting Equipment Engineers Association (LEEA), #GLAD2023 will again bring together all industry stakeholders, including manufacturers and suppliers, but end users are a prime target as the concept strives to promote safe and high-quality load lifting. Now in its fourth year, #GLAD2023 harnesses the power of social media to promote videos, articles, and in-person activity, while pointing people to a dedicated website—www.globalliftingawarenessday.com—where information about apprenticeships, military recruitment, diversity, sustainability, and technology has been posted since the concept’s 2020 launch. Ross Moloney, CEO at LEEA, said: “Ultimately, we’re trying to change behavior, so pivoting towards owners, inspectors, examiners, and end users is key to achieving that. Social media postings are important, and we know that they are effective in giving people a reason to pause, but this isn’t a movement confined to the virtual world; we need to do more to help people along their journey of conversion.” He added: “Most of us in the industry know where to look for guidance, and where to go for advice, but users that have only a passing understanding of lifting—they might only rent, or buy, or use it occasionally—likely need more support to understand the risks and how to mitigate them better. This is a demographic continuously prone to accidents if we don’t position our safety messages where they’re needed most.” Taking ownership LEEA has already invited stakeholders to show support by participating on social media and holding events that serve as hubs from where the concept can grow in future years, which is a message to individuals as well as wider marketing teams. From the C-suite of the largest corporations to the crane cab of the smallest rental company, #GLAD2023 is for everyone. Literally, anybody with an interest in lifting and working at height can contribute. Moloney said: “Our industry is owned by the individuals who work in it, so while we love that companies are getting involved, there’s no reason why individuals can’t post themselves, and we actively encourage both. In fact, a newcomer to the sector or somebody that has tools in their hands will find kindred spirits in those applying lifting equipment at the point of use.” Also aligning to power #GLAD2023 are a collection of authorities and trade bodies, in addition to industry press, equipment manufacturers, and influencers. All are bound by a commitment to share material that promotes safe and high-quality load lifting and is actively encouraging memberships, readerships, peers, etc. to support the cause. If you are an engineer, crane operator, rigger, signalperson, trainer, or apprentice, social media is the place to start. Celebrate the lifting industry on Thursday 13 July—include the #GLAD2023 hashtag.
K2 Marine turns to Caldwell Posi-Turner for load rotation
When K2 Marine was searching for a lifting device to solve the issue of flipping their boat parts once they come off the mold at their dockyard in Knoxville, Arkansas, they looked no further than Caldwell. After seeing the Posi-Turner in action at another boat plant, Bill Kenner, co-founder, of K2 Marine, which owns BlackJack Boats and Frontier Boats, ordered a 2MP-180 Minimum Profile Posi-Turner from Caldwell’s representative, Riptide Sales and Service in Mississippi. The order took eight weeks to deliver, from customer inquiry to evaluation and qualifying, with concept drawings to final design and manufacture. Caldwell’s Posi-Turner is used by companies around the world to lift, suspend, rotate, and position hard-to-handle objects and is a patented material handling system for objects in light to heavy-duty applications. “Several years ago, I saw a Caldwell Posi-Turner being used at another boat plant. It seemed to perfectly solve the issue of flipping the boat parts once they come off the mold. These pieces are not heavy but are cumbersome to turn over with manpower and normal hoists. The turn of these parts constituted some risk to the individuals turning the part and it was common for damage to be done to the pieces in the process of turning them over,” said Kenner. “We ordered a RLL-2MP-180SP Posi-Turner with twin bails, capacity 2,000 lbs., matched up with two CM 1-ton hoists. The order was part of an overall plant expansion at K2 Marine and took six months to complete the total project. “The main challenges regarding installation included proper measurements of the part that would be rotated and what length of straps would be required. Caldwell helped with this and when the first set proved to be too long, they came to the rescue and provided the proper length required. “Use of the Posi-Turner has proved to be a time saver, turning the parts over with less damage with fewer people involved with a much safer method. I wish all the other equipment purchased for the plant expansion worked as well.” Sean Powers, Posi-Turner Applications Specialist, The Caldwell Group, said safety, efficiency, and damage-free products are what makes the technology a popular choice. “The Posi-Turner units are extremely robust and overbuilt. We have customers still using units from prior to Caldwell acquiring the line in 2000. We always hope for and have repeat customers for the technology, but the biggest factor in the marine industry is the need to continually build customer-driven bigger boats. Bigger boats equal larger capacities and longer Posi-Turner units to accommodate,” he said. “Depending on the capacity from 500 lbs. to 110,000 lbs. and more, ordering can take six to 16 weeks or more depending on the parts and materials available. Our Posi-Turner systems are a popular product in our Caldwell line due to all the industries it serves.” Tyler Newton, Riptide Sales & Service, said following discussions with K2 Marine they traveled to Arkansas to meet with Bill Kenner and complete a walkthrough of the location where the Posi-Turner would be in use. “Once we visited the site visit and discussed what their needs were, we were able to determine exactly what was needed to quote the project. We had some issues at first syncing both hoists on the Posi-Turner but after working with both K2 and Caldwell we were able to get the correct information/codes together to have all transmitters and electrical components working.” Family-owned K2 Marine builds about 250 boats per year, sold through 20 independent dealerships, from New Jersey to South Florida and along the Gulf Coast into Texas. “Each boat requires one to two pieces to be turned over from the original upside-down position that is built, weighing from 500 lbs. to 1,000 lbs. These pieces are then assembled to build a complete boat. The hull of the boat is built similarly but does not need to be flipped over. A complete boat would weigh between 1,800-3,000 lbs. depending on the model,” said Kenner. The optional patent-pending Auto-Leveler is an easy way to keep a load level during rotations. The product can be added to the Posi-Turner at the time of the order or be field-mounted to existing units. The solution is suited to applications in transportation (auto frames, engines, truck chassis, etc.); heavy equipment; concrete; metal forming; and more.
Toyota Material Handling introduces new Electric Walkie Stacker
Fast charging capability maximizes uptime and productivity; Available for order online at the MyToyota Store Toyota Material Handling has recently launched a new electric walkie-stacker under the brand Tora-Max, adding to the company’s growing portfolio of material handling products and solutions. The Tora-Max Walkie Stacker offers supreme versatility, accessibility, and load stability. The new walkie-stacker adds to Toyota’s industry-leading lineup of electric products and is an ideal solution for customers in the warehousing, manufacturing, beverage, retail, and distribution industries. The new model is available for order online, on the MyToyota Store, and at TMH dealers across North America. “The Tora-Max Walkie Stacker is perfect for customers who need a fast, turnkey solution for their material handling needs,” said Tony Miller, Toyota Material Handling Senior Vice President of Engineering, Operations, and Strategic Planning. “This product launch is the latest example of Toyota’s mission to provide versatile and valuable solutions for any type of customer.” The Tora-Max Walkie Stacker is designed with the versatility to handle light-duty loads and includes pinwheel capability to easily navigate tight aisles and compact spaces with optimal comfort and control. The six different mast options and adjustable base legs provide additional stability and allow operators to fine-tune the equipment to stack a variety of load sizes within the model’s 2,600-pound capacity. The ergonomic hand grips, fingertip controls and directional thumb wheels sustain productivity levels while ensuring operator comfort. The Tora-Max Walking Stacker also includes a 24V lithium-ion battery and a built-in charger for faster charging times. The charger works with standard wall outlets, and regenerative braking keeps any operation running efficiently. Additional features available with this model include an LCD battery indicator screen, which shows battery usage and fault codes, and a PIN code access or RFID access panel to reduce the likelihood of unauthorized use.
Irion named CEO of TNT Crane & Rigging
TNT Crane & Rigging LLC (TNT), the largest open-shop crane services platform in North America, has announced that its Board of Directors has appointed Mark Irion as its new Chief Executive Officer, effective immediately. Irion succeeds Mike Appling, who has served as TNT’s CEO since 2007. Appling will remain at the Company until April 30, 2023, to ensure a smooth transition and will step down from the Board of Directors at that time. Irion, a seasoned executive with nearly 25 years in the equipment rental industry, will also continue as a director on TNT’s Board, where he has served since June 2020. He most recently served as Chief Financial Officer of Herc Holdings, where he was recognized for helping to drive strategies that improved fleet efficiencies and accelerated strategic M&A activity. “Mark is an accomplished leader with the right vision and capabilities to lead TNT’s next chapter of growth and success,” said David E. Fanta, Chairman of TNT’s Board of Directors. “He brings extensive industry knowledge and deep financial acumen to the Company. Having served on our Board for nearly three years, he already has a strong understanding of TNT’s business, strategy, culture, and opportunities. We look forward to continuing to work closely with Mark to execute TNT’s plans to accelerate profitable growth.” Irion said, “I am excited to take on this role and to lead TNT forward as we continue to deliver superior customer service with our unparalleled expertise and capabilities. What has always stood out at TNT is our culture that puts people first. That is reflected in strong, multi-year customer relationships and an industry-leading safety record in successfully executing mission-critical work. It is an honor to lead this company and I can’t wait to get started.” Fanta continued, “Mike leaves a tremendous legacy at TNT. He helped build the Company through more than a dozen acquisitions as well as strong organic growth. On behalf of the entire Board, I want to thank Mike for his many contributions to TNT over the years and wish him the very best in the future.” Irion served as Chief Financial Officer for Herc Holdings (NYSE: HRI) since June 2018. The company operates through Herc Rentals Inc. as a leading equipment rental supplier throughout North America. Previously, Irion spent 19 years as Chief Financial Officer of Neff Corporation, a publicly traded equipment rental company. Earlier in his career, he was a finance executive for a computer component distribution company and a senior auditor for Deloitte & Touche LLP.
Pettibone hits 15,000-pound-capacity benchmark with new Extendo 1544X Telehandler
Pettibone brings its X-Series telehandler lineup to the 15,000-pound lifting class for the first time with the introduction of the Extendo 1544X telehandler. The added load capacity is ideal for material handling tasks in highway construction, pipe yard applications, and extended load requirements on traditional building sites. The 1544X is powered by a 117-horsepower Cummins QSF 3.8 Tier 4 Final turbo diesel engine. Mounted onto a side pod, the engine offers easy accessibility to components and daily service checks, while still allowing for exceptional curbside visibility and a ground clearance of 19 inches. The 30-gallon fuel tank provides ample volume for a full day’s work at 100-percent load. The telehandler comes standard with foam-filled tires. Built on Pettibone’s next-gen X-Series platform and featuring an advanced boom design, the 1544X offers a maximum lift height of 44 feet, a maximum forward reach of 29 feet, and a maximum load capacity of 15,000 pounds. Formed boom plates provide the boom structure with greater strength while reducing weight. The design also minimizes boom deflection for better control and accuracy when placing loads. Significant boom overlap provides smoother operation and reduces the contact forces on wear pads, thereby extending service life. An external, bottom-mounted extended cylinder further reduces the load on wear pads by up to 50 percent. The cylinder location provides improved service access to internal boom components. Fastener-less wear pads also simplify service, and heavy-duty extension chains help to ensure stable boom functions. Pettibone’s tried-and-true hydraulic circuit delivers exceptional controllability and operating feel while enhancing efficiency and cycle speeds. Cylinder cushioning dampens the end of strokes—both extending and retracting—to avoid the wear and tear of hard, jarring stops, while also helping to prevent the potential spilling of a load. The 1544X uses a single lift cylinder that improves operator sight lines and has twin hydraulic lines for tilt and auxiliary plumbing. The new Extendo 1544X comes standard with X-Command™, a Pettibone telematics program that offers real-time access to machine data, saving time and money for equipment owners and service technicians. The drivetrain and axles are optimized to provide greater tractive effort with minimal tradeoff on top-end speed. A pintle-hitch mount adds versatility for towing. Built for use on rough terrain, the machine offers a full-time 4-wheel drive with a limited-slip front-axle differential. Tight-steer-angle capability provides an efficient turning radius. The Dana VDT12000 Powershift transmission offers three speeds, forward and reverse. The X-Series operator cab maintains Pettibone’s standard features, including ergonomic seat, pedal, joystick, and steering-wheel positions, while optimizing lines of sight in all directions. An analog/LCD gauge cluster comes standard, and an optional 7-inch digital display with an integrated backup camera is also available. The cab also offers enhanced climate control, flat bolt-in glass, a split-door design, an openable rear window, lockable storage under the seat, and water-resistant components for easy interior washdown. All-steel fuel and hydraulic tanks are built to resist damage, and the lockable fuel fill is in a clean, accessible location. Other built-in features include split-system electrical circuit panels and heavy-duty bright LED lighting. Additional options include solid tires, a sling hook for additional load security, a high-output LED lighting package, and a wide variety of attachments. Pettibone/Traverse Lift, LLC is part of the Industrial Technologies Group, an affiliate of The Heico Companies. Founded in 1881, Pettibone has been recognized as the industry leader in material handling equipment since the company revolutionized the industry with the first forward-reaching, rough-terrain machines in the 1940s.
Elebia launches Automatic Hook Control System
Barcelona, Spain-based Elebia Autohooks has launched eLINK, a central control system for its range of automatic hooks and rigging products that can be used on mobile and smart devices. eLINK is a plug-and-play concept that allows users to automate material handling processes, monitor hook status, conduct remote service, create reports, and oversee lifecycle management. Launched in 2006 to improve safety and productivity, the Elebia range now includes numerous hooks, lifting clamps, grabs, and shackles—all of which are compatible with eLINK. Oscar Fillol, founder and CEO at Elebia, said: “eLINK takes an already state-of-the-art lifting portfolio one step further, facilitating hook control, automation, adjustment of working parameters, integration with cranes and other devices. In short, Elebia products are now Industry 4.0 ready.” The Elebia range includes seven evo automatic hooks (evo2, evo2L, evo5, evo10c, evo10, evo20, evo25); five neo automatic hooks (neo20, neo20s, neo50, neo60, neo100); two automatic lifting clamps for steel plates (c5, c6); an automatic grab for rails (eTrack2); and an automatic shackle (s40). eLINK comes with four relay outputs, eight inputs, WiFi, Bluetooth, and Ethernet, while 4G and CANbus are optional. It includes its own software and, with over-the-air updates, can work offline (as a hotspot) or as a cloud-based solution. eLINK communicates with up to eight Elebia products simultaneously via radio. When set up to work online, it retains a copy of the database locally, and the user can keep on working in case of loss of connectivity. Remote hook control Fillol said: “There are multiple scenarios where controlling hooks via a web-based system is advantageous. For example, you can control all hooks with the same remote control of the crane. Or blocking the lifting action with the ‘safe lift’ function, which does not allow the load to be lifted if the hooks are not all closed. Another common situation where eLINK is very useful is in the case of alarm settings: either when a load is unbalanced or when there is an overload.” Previously, Elebia products have been operated using the company’s remote controls—eMini, eMax, eInst—but eLINK complements these systems so a customer could be using the eMini to send the open/close instructions, while the eLINK is used to log the data, avoiding unsafe lifts, and trigger alarms, etc. “However, the aim of the eLINK is not to eliminate the user; it is to assist them and make everything easier and safer,” Fillol added. “The user must see the lifting operation. eLINK allows automation and safer lifts, but the user is still needed. The next step is adding cameras and expanding [beyond eight] the number of products that can be connected at the same time.” eLINK, which is installed in the crane panel, also features user and password login; different profiles/access levels; central data acquisition and control systems; and communication with the user through a web application interface.
OZ Lifting launches Aluma-Lite Davit Crane
Winona, Minnesota-based OZ Lifting Products LLC has launched the Aluma-Lite series of ultra-portable davit cranes, available in 500 lbs. and 1,000 lbs. capacities. The new aluminum series is targeted at applications where portability is beneficial, including those in wastewater and water; boats; utility terrain vehicles (UTVs), and other trucks, etc, where anti-corrosion materials are also desirable. Each model is available with three bases: a pedestal, socket (flush-mount), or wall mount. The Aluma-Lite 500 weighs in at 24 lbs. It offers a capacity of 275 lbs. at horizontal; 330 lbs. at 22.5 degrees; and its full capacity at 45 degrees. Aluma-Lite 1,000, meanwhile, weighs in at 47 lbs. It offers a capacity of 550 lbs. at horizontal; 650 lbs. at 22.5 degrees; and its full capacity at 45 degrees. The units’ light weight means that they will commonly be moved from one base to another. Both fold flat for easy storage or transportation; are made of aerospace / military grade aluminum; and are available with manual winch (including drill drive adapter), AC or DC electric winches. Further, they have a durable, powder-coated finish; no tools are needed for assembly/disassembly; and they are made in the USA. Steve Napieralski, president at OZ Lifting, said: “The Aluma-Lite can be used any place where carrying the crane could be an issue and the properties of aluminum happen to suit the product to many applications where it might be moved around, perhaps most notably in the water sectors. Our 500-lbs. capacity steel davit weighs 50 lbs., so the aluminum version is basically half the weight.” As Napieralski mentioned, the Aluma-Lite expands OZ Lifting’s davit crane family, which includes the Tele-Pro, that allows users to leverage the benefits of other lifting technologies in its range, while telescoping the boom in and out under load; various composite models, made from carbon fiber and pultruded fiberglass; and steel davits. The Aluma-Lite capacity range may be widened in time but there are no immediate plans to do so. However, Napieralski admitted that it will continue to add to the davit crane family more broadly. “We have another [crane] on the horizon that will add some additional features not found in our current range,” he said. He also reiterated that, regardless of the type of crane or application, without a base, a davit crane is not usable. The pedestal base is bolted to the floor where users need to make a lift and move the crane from base to base. Socket bases are used mainly in the back of trucks or in an area where the installer will pour cement around the base to keep the surface area flat and offer high mounting strength. The wall-mount base allows a davit crane to be attached to the wall of a facility to save floor space. In all cases, it is important to check the capacity of the mount and its compatibility with the crane/s selected. Aluma-Lite will make its trade show debut at AHR Expo (Booth B128), which attracts heating, ventilation, air-conditioning, and refrigeration (HVACR) professionals to the Georgia World Congress Center, Atlanta, February 6-8, 2023. A month or so later (March 20-23), ProMat (Booth S122) engages all segments of the material handling, logistics, and transportation industry, from traditional, manual equipment to computerized, automated systems and smart, connected supply chain technologies. Napieralski added: “Business continues to be strong; we are optimistic for 2023.”
Hinowa acquisition complete and now part of JLG
Two market leaders have joined forces to broaden JLG’s product portfolio JLG Industries, Inc., an Oshkosh Corporation company and a global manufacturer of mobile elevating work platforms (MEWPs) and telehandlers, has completed its acquisition of Hinowa® S.p.A., adding the market-leading brand to the company’s Access segment. This expansion of the JLG® product portfolio enables the company to strengthen its specialty applications offerings and increase its presence in niche industries, including agricultural, landscape, and vegetation management. Founded in 1987 in Nogara, Italy, Hinowa became well-known in the industry for its innovative track designs and as an early adopter and leader in the advancement of lithium-ion battery technology in mobile elevating work platforms (MEWPs). Hinowa’s 200+ team members and two facilities, a 250,000 sq. ft. manufacturing facility and a 50,000 sq. ft. parts facility, are now part of the Oshkosh Corporation Access segment, and the Hinowa brand will be retained on its well-respected line of track-based aerial work platforms, mini dumpers, lift trucks and undercarriages products. JLG-branded compact crawler booms, which Hinowa has produced since 2010 and includes electric-, hybrid- and diesel-powered models, will continue to be offered. “The acquisition was about growing the company and growing our capabilities,” says Frank Nerenhausen, Oshkosh executive vice president and JLG president. “JLG and Hinowa are both strong brands. Joining forces allows us to unlock more potential globally. This is a very positive time for the business, and we are excited to welcome the Hinowa team to the JLG family.” Hinowa’s products, including a JLG-branded compact crawler boom lift, will be on display in booth #W44066 at CONEXPO-CON/AGG 2023 in Las Vegas, NV, March 14-18.
The Crosby Group and KITO CORPORATION complete business combination
The Crosby Group, a provider of lifting and rigging solutions, and KITO CORPORATION, a manufacturer of material handling equipment with 90 years of experience in the development and production of hoists and cranes, today announced the completion of their business combination. Today’s announcement follows the settlement of The Crosby Group’s cash tender offer for all outstanding shares of KITO CORPORATION for JPY 2,725 per share and the completion of the related squeeze-out process and de-listing of KITO CORPORATION from the Tokyo Stock Exchange. This combination, under the name Kito Crosby, brings together two industry-leading companies with complementary geographic footprints and product portfolios to better serve customers, team members, and their global communities. The combined company will invest in its people, products, and facilities to advance innovative solutions for customers, who will benefit from expanded service, support, and training. Under the new entity, Kito Crosby team members will be participants in the employee ownership program. Robert Desel, CEO of Kito Crosby, said: “I am thrilled to announce we have completed the business combination of The Crosby Group and KITO CORPORATION to form Kito Crosby, a global provider of comprehensive lifting solutions. Together, our highly complementary product portfolios and mutual commitments to safety, reliability, and innovation will create exceptional value for our customers and other stakeholders. I am honored to be leading this organization and its 4,000 team members around the world to bring together two amazing businesses with rich traditions and histories. “I am very excited to announce that under the combined company we will be extending our expanded employee ownership program to Kito Crosby team members. We firmly believe that everyone contributes to the success of the company and should benefit from their efforts,” Mr. Desel concluded. Yoshio Kito, Chairman of the Board of Kito Crosby said: “This combination represents significant value creation for our customers, employees, shareholders, and communities. We are excited to continue growing as a combined business and to develop incremental opportunities for our existing and new customers across the world with expanded product offerings and solutions while maintaining the same support and commitment they have come to expect.” SMBC Nikko served as the tender offer agent as well as lead financial advisor, Mizuho Securities USA LLC acted as a financial advisor, and Kirkland & Ellis LLP and Mori Hamada & Matsumoto acted as legal advisors for The Crosby Group. Debt financing is being provided by UBS Investment Bank, KKR Capital Markets, Sumitomo Mitsui Banking Corporation, Mizuho Bank, and ING Capital. Nomura acted as financial advisor and Nishimura & Asahi acted as legal advisor for KITO CORPORATION.
Bridger Howes recruits Jenny Eagle
Lifting industry PR company Bridger Howes Limited (BH) has named Jenny Eagle PR and communications manager Eagle, formerly editor of Hoist magazine, will join BH on 1 February. She becomes the business’s first major recruit, joining founding directors Mark Bridger and Richard Howes. She said: “Having served the industrial lifting sector as an editor, I grew attached to the products and people that make the sector such fun to cover. I am proud of the diversity of my editorial portfolio but leaped at the chance to embed myself further in the industry via BH’s book of clients. I have tremendous respect for Mark and Rich, and the work they do.” Howes said: “I admired what Jenny was able to achieve in such a short space of time as brand captain of Hoist. The title gave me my first editorship back in 2006 so there’s a nice synergy. Many of our clients already know her, and those that don’t will soon get that opportunity. She shares our passion for accurate, informative prose, and the lifting industry.” Founded in 2014, BH works with many businesses that manufacture, supply, and use lifting equipment all over the world. It is also a stakeholder in the annual Global Lifting Awareness Day, powered by the Lifting Equipment Engineers Association (LEEA). This landmark recruitment also comes at a time of ongoing diversification into other industry sectors. Eagle is a British journalist with 22 years of experience working for international publications including The Daily Mail, The Sunday Telegraph, The Sun, The Mirror, and The Press Association. Career highlights include working with the European Union as a host and facilitator for the EU Citizens Dialogues for the UN Food Systems Summit in 2021 and writing the press brochure for the ‘Women Driving Innovation’ campaign for Tetra Pak. She has lived and worked in Montpellier, France for 10 years, writing for several online publications covering the food and beverage industry for William Reed Business Media, and more recently as editor of Hoist, owned by Progressive Media International (PMI). In this role, Eagle tripled the title’s following online and on social media by launching a video channel called Hoist Magazine TV (HMTV) and relaunching a periodical supplement, Dockside Lift & Move, covering all aspects of the onshore/offshore industry.