Maxim Crane Developing Share Repurchase Program

January 23, 2007 • After completing an analysis of strategic business alternatives, Maxim Crane Works Holdings Inc., Bridgeville, Pa., has announced plans to develop a share repurchase program for its common stock. The repurchase program will be developed with the assistance and advice of Goldman, Sachs & Co.

 

Maxim's also plans a continued focus on capturing incremental operating efficiencies and growing penetrations in existing markets, and evaluating potentially accretive acquisition opportunities.