Continuing his remarkable comeback from bankruptcy, Don Ahern and Xtreme Manufacturing has acquired majority ownership of aerial work platform manufacturer Snorkel from U.K. parent company Tanfield Group. Tanfield will retain a 49-percent stake in the struggling aerial work platform maker that was severely in need of capital.
Terex CEO John Garrison confirmed on a conference call with investors that the company is continuing its ongoing discussions with Zoomlion to determine whether a binding and fully financed proposal will be forthcoming from the Chinese manufacturer which offered to acquire Terex for $31 per share in cash....More
Morbark has named Dan Ruskin CEO effective immediately. The announcement follows the recent sale of Morbak to Stellex Capital Management, a private equity manager that invests in both U.S. and international companies....More
Chinese construction equipment manufacturer Zoomlion is offering assurances to Terex as the two companies negotiate following Zoomlion’s $3.4 billion offer to acquire the Westport, Conn.-based manufacturer, according to a Reuters report....More
Terex today acknowledged that it has received a revised non-binding proposal from Zoomlion Heavy Industry Science and Technology to acquire all outstanding shares of Terex for $31 per share in cash, as was reported last week....More
Generac has closed on its agreement to acquire a majority share of PR Industrial S.r.l. and its subsidiaries, owner of the Pramac brand, a manufacturer of stationary and mobile generators for commercial and industrial applications....More
F&M MAFCO, Inc., the Powerful Solutions People, a leader in the equipment rental and construction supply distribution industry is seeking an experienced Sales and Rental Account Manager to join our team....More
New for 2016: Ebac Industrial Products RM4500-H and RF3500 newly expanded eco-friendly and rotomolded lines. RM4500 and RM85-H now available. Visit www.ebacusa.com to see our extensive range of products.
Ebac Industrial Products Inc.
East Coast Office
700 Thimble Shoals Blvd., Suite 109
Newport News, VA 23606-2575
Skyjack Inc., a leader in the Aerial Equipment Industry, is recruiting a Territory Sales Manager to manage the Rocky Mountain Territory, which includes Arizona, Colorado, New Mexico, Utah & Wyoming....More
Acme Lift Co., the world’s largest strictly wholesale rental company specializing in the latest, largest Genie and JLG aerial work platforms and telehandlers is expanding our fleet offering by adding large air compressors and has an immediate opening for a Rental Coordinator, Air Specialist at the company’s headquarters in Mesa, Ariz....More