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2021 Thus far - A Trend Report

Harry Fry &  AssociatesHarry Fry & Associates has been a proven leader in the heavy equipment finance and lease industry for the past 26 years, so it is no surprise that we look towards Harry Fry and his team to learn about the trends of the industry, as they certainly have their finger on the pulse.

 

As 2020 drew to a close, businesses and people alike were excited to welcome 2021 with open arms, in the hopes of putting 2020 behind. As we have passed the halfway mark of 2021, HFA is recording positive growth in financing and leasing of both new and used equipment. 

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Associated Industrial Riggers Expand Fleet, Management Team in Georgia

Freckmann, Cummins, Spates

Oct. 11, 2021 - Associated Industrial Riggers Corp. has expanded its southern operations by increasing its crane fleet and hiring the region’s most experienced crane support team.

The company has named Wayne Cummins as vice president of cranes and rigging, Dustin Spates as southern service manager, and hired Larry Freckmann as sales partner.

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US Service Group Expands by Buying Transcope

Oct. 13, 2021 - US Service Group LLC (USSG), Deer Park, New York, is a newly formed industrial services company that is building a national rigging and machinery moving business.

USSG recently expanded by buying Transcope Services, LLC (Transcope), of Randolph, New Jersey.

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Ritchie Bros. Auction will Sell 38 Cranes Nov. 3

Oct. 12, 2021 - On November 3, Ritchie Bros. will host one of its largest crane auctions ever.

The event will sell more than 220 items as part of a complete dispersal for Sparks Industrial Inc., based in Alabama.

The auction features 38 cranes, including a 2013 Grove GML7550 550-ton all-terrain crane, an unused 2020 Grove GMK5250XL 300-ton all-terrain crane, and an unused 2021 Grove GHC140 crawler crane. All items will be sold online without any minimum bids or reserve prices.

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Leonberger Joins Contractors & Industrial Supply

Oct. 4, 2021 - Rob Leonberger has joined Contractors & Industrial Supply Inc. (CIS), as a sales and key account representative.

Headquartered in Nashville, Tennessee, CIS is an industry leader in specialty industrial rigging and crane services.

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Mazzella Buys Pope Rigging Loft

Mazzella Companies has bought Pope Rigging Loft Inc.

The acquisition strengthens Mazzella’s footprint west of the Mississippi River and reinforces Mazzella’s commitment to be a one-stop resource for lifting and rigging services and solutions.

Pope Rigging Loft has been in business since 1946. It serves industries ranging from construction to industrial, marine, municipal, railroad, and towing from its location in Portland, Oregon.

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Diesel Engine Production Grows in 2021

October 5, 2021 –  Manufacturers of heavy-duty diesel engines, commercial trucks, and off-road engines and equipment are meeting expanded customer demands while continuing to navigate supply chain and other issues associated with the global COVID-19 pandemic.

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RSS Feed RSS Crane Accidents

Worker Hospitalized After Crane Collapse in Fort Lauderdale

May 3, 2018 - Emergency crews rushed a worker to the hospital after a crane fell on him in Fort Lauderdale Thursday morning.

Officials say the piece of equipment fell just after 9 a.m. at a building located at 1850 South Ocean Lane.

Crews were able to get the man free and take him to Broward Health Medical Center as a trauma alert, but would not release details about his injury or how the crane fell.

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2 workers die when crane topples on dock in Southeast Texas

,Authorities say two workers were killed and another hurt when a crane fell on a marine dock in Southeast Texas.

Jaree Fortin, a spokeswoman for the city of Galveston, says investigators are trying to determine the reason the crane toppled over at Pelican Island on Wednesday morning. Fortin says foul play is not suspected.

The two were already dead when emergency responders arrived at the scene.

Authorities have not released the names or other details about the victims.


Read more here: http://www.star-telegram.com/news/state/texas/article174548496.html#storylink=cpy


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Crane Hot Line is North America’s No. 1 source for new and used cranes for sale. Crane and rigging employed in construction are key to our content, and we deliver in-depth reports on products; business issues such as trends, safety, and technology; and regional job applications as they relate to mini cranes, boom trucks, knuckleboom cranes, rough-terrain cranes, crawler cranes, all-terrain cranes, truck cranes, tower cranes, financing, insurance, maintenance, training, certification, rigging, parts and accessories. These may include load moment indicators, slings, controls, outrigger pads, wire rope, and additional complementary products and services. Our website offers cranes for sale, want-to-buy listings, updated industry information including an industry event calendar, and a business directory of crane and parts manufacturers, dealers, rental, service, financing, insurance, and training companies. Crane Hot Line also features industry news and reports on crane accidents throughout North America.