IPS Crane Aquires American and Ohio Locomotive Crane Company

June 7, 2017 - IPS CRANES, a St. Paul-based custom crane manufacturer, has announced that it has entered into a definitive agreement to acquire American & Ohio Locomotive Crane Co. (AOLCrane™).

The merger will enable IPS CRANES to achieve its mission to exceed customers’ expectations and become the premier custom crane manufacturer. IPS CRANES will provide customers with a greater range of services that will give them the ability to sustain and maintain their fleet of American Hoist and Ohio Locomotive Cranes and American Hoist Crawler Cranes. It will also include manufacturing of excavator bodies and line boring services related to locomotive crane repairs and rebuilds.
Jackie O’Connell, President and CEO of IPS CRANES stated, “We are extremely excited for this acquisition as it allows us to create the industry’s broadest and deepest range of crane manufacturing, services and resources.”