Tadano Ltd. completed its $215 million acquisition of the Demag Mobile Cranes business on August 1. The transaction brings together two of the top names in the lifting equipment industry - each well known for safety, quality, innovation, and performance. The Tadano and Demag brands now leverage a long combined history of manufacturing and lifting experience. Working together, we will push forward, innovate, and contribute to the success of our customers worldwide.
All-terrain cranes are big machines designed for specialized applications, whether that is construction and maintenance in the oil fields, assembling tower cranes, or lifting HVAC units to the top of buildings. There are many things to consider when bringing an all-terrain crane to a jobsite – including road and bridge regulations, safety and training for the operators, and space on the jobsite in more condensed areas, as well as the costs that go beyond the sticker price of the equipment. We asked a panel of industry experts to share their insight on these topics and more.
Available to North American customers as the GR-1200XL and to customers outside the North American market as the GR-1100EX, this rig has a maximum lifting capacity of 120 tons (110 tonnes) and features a 183.7-foot-long boom (56 m). The GR-1200XL is now in full production and available to TADANO America clients for sale.
The Terex Corporation is announcing that it has agreed to sell its Demag Mobile Cranes business to Tadano Ltd. for an enterprise value of approximately $215 million. The Demag Mobile Cranes business manufactures and sells all terrain cranes and large crawler cranes. Included in the transaction are the manufacturing facilities in Zweibrucken, Germany and multiple sales and service locations. The sale, which is subject to government regulatory approvals and other customary closing conditions, is targeted to close in mid-2019.
Maxim Crane Works has purchased fifteen large capacity Tadano rough terrain cranes comprising a mix of GR-1000XLs, GR-1200XLs, and GR-1600XLs. The Tadano dealer, with an existing fleet of over 2,500 cranes, decided to expand their fleet largely to meet the needs of the petrochemical industry. "Tadano's longer boom length, capacity, and reliability have historically corresponded to our customer needs," remarked Frank Bardonaro, Chief Operating Officer, Maxim Crane Works. "We don't make these decisions somewhere in a corporate office. Instead, we talk to our team in the field and they know the machines that will be best suited to do the job."
Rough-terrain cranes are the workhorse lifters on many jobsites as they provide a combination of reach, capacity and movability which makes them a popular choice for purchase or rental.
The new GR1200XL will be introduced at CONEXPO 2017. With 120 tons of capacity this crane is the newest addition to Tadano’s line of safe, high quality and efficient rough terrain cranes. The GR1200XL sits at the core of Tadano’s large rough terrain line-up and features the industry’s longest boom and jib combinations.
Tadano America has announced the hiring of Justin Andrews as the regional business manager for Western Canada. Andrews started his career as a rigger and crane operator for a small family owned company in Brisbane, Australia. He later went to work for Tadano Oceania as a Parts Interpreter in Brisbane before being promoted to crane sales for a new Tadano branch in Sydney. “We are very pleased to have Justin on board to help us grow our presence in Western Canada,” remarked Ken Butz, General Manager of Sales for Tadano America. “He has a proven track record for success that we expect will serve Tadano America well.”
2016 marks the centennial for Bigge Crane and Rigging Company’s sales and rental business. The San Leandro, CA–based company is recognizing this anniversary with celebrations throughout the year, and Tadano is proud to recognize this valued customer at Bauma 2016 in Munich. On April 12th at 10 am in open-air area F12, booth number 1205, members of the Tadano leadership team will hold a short ceremony to acknowledge Bigge’s many decades of success.