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The American Crane Corporation was founded in 1882 as the Franklin Manufacturing Company, and in 1892 the name changed to American Hoist & Derrick. The company manufacturers terrain cranes, crawler cranes and tower cranes. In 1998 American Crane Corporation was acquired by Terex for $27 million. [1]
Instead of the merger Terex agreed to sell the Material Handling and Port Solutions division to Konecranes for 1.3 billion euros. [28] [29] In August of the same year the European Commission approved the sale but with the condition that Konecranes would have to divest their STAHL Cranesystems business. [30]
The Crane Group Companies (also known as Crane Group) of Columbus, Ohio, USA, is a holding company of operating units primarily involved in the manufacturing and distribution of building products. Products include wood composite decking and railing, exterior cladding products, vinyl fencing, OEM PVC profiles, wood doors and door-frames, and ...
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The origins of Terex date to 1933, when the Euclid Company was founded by George A. Armington to build hauling dump trucks. In 1953, General Motors purchased Euclid, expanding the business to include more than half of all U.S. off-highway dump truck sales.
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