NEWS
8
ACT
MAY 2014
HIGHLIGHTS
■
AlpsWire Rope is open for
business at its newwarehouse
located in Harrisburg, PA,
following itsmove from
Columbus, OH. The company
operates a network of
warehouses positioned across
the U.S.
■
Stephenson Equipment
added a Potain Igo T 130 self-
erecting tower crane to its
rental fleet. The crane has a
50meter folding jib and an 8
ton capacity. It is fittedwith the
Ultra View operator’s cab and
the SmartCom system sensors.
■
Dean Sims II, vice president,
Sims Crane & Equipment,
is founder of the Tampa Bay
Chapter of Construction Angels,
a nonprofit organization that
helpswith financial support
for families of construction-
industry employees killed on the
job. “With all of the industry’s
dedication to safety education
and safety on the job, the
fact that onsite deaths in the
construction industry are on
the rise is of major concern to
everyone involved,” Sims said.
“The reality is, inmost cases,
the families of loved ones killed
on the job need all the financial
help they can get.”
■
Lift-ItManufacturingwas
appointed distributor for
Netherlands-basedwire rope
and chain fittings supplier Van
Beest. The rigging specialist
will now offer Van Beest’s
Green Pin and Excel product
lines, aswell as sockets and
turnbuckles. “We are delighted
to beworkingwith Lift-It, as
they are ideally placed in the
western sales region to service
a large and growingmarket
inwhich they are already well
established,” said Chris Keffer,
Van Beest’s general manager.
Michael J. Gelskey, Sr., Lift-It
CEO, said “Wemanufacture
the finest rigging available, but
what we really offer is safety,
service, technical expertise
and solutions that exceed our
customers’ expectations.”
Barnhart elected
president of SC&RA
AlanBarnhartwas elected
president of the Specialized
Carriers&Rigging
Association for 2014-2015
at the organization’sAnnual
Conference, April 22-26,
at theBocaRatonResort,
BocaRaton, FL. Barnhart
is president ofMemphis,
TN-basedBarnhart Inc.
JoiningBarnhart as officers
for the 2014-2015 term are:
■
Chairman: Ron
Montgomery,
IntermountainRigging and
HeavyHaul, Salt LakeCity,
UT
■
VicePresident: Bruce
Forster, RiggingGear Sales,
Dixon, IL
■
Treasurer:Delynn
Burkhalter, Burkhalter,
Columbus,MS
■
Assistant Treasurer:
JohnMcTyre Sr.,McTyre
Trucking,Orlando, FL
Also joining theBoard are
four newly electedGroup
Chairs:
■
Allied IndustriesGroup:
EddyKitchen, Kitchen’s
Crane&Equipment,
Chesterfield, VA
■
Crane&RiggingGroup:
LarryCurran, J.J. Curran
CraneCo.,Detroit,MI
■
TransportationGroup:
JayFolladori, Landstar
TransportationLogistics,
Inc, Jacksonville, FL
■
LadiesGroup: Karen
Wood,WHECOCorp.,
Richland,WA
Additionally, SC&RA elected
the following sixnewboard
members to serve three-year
terms:
■
Scott Bragg, Bragg
Companies, LongBeach,
CA
■
Michael Connelly,
ConnellyCraneRental
Corp.,Detroit,MI
■
DavidCowley, Cowley&
Associates, Longview, TX
■
GearyBuchanan,
BuchananHauling&
Rigging, Inc., FortWayne,
IN
■
RichardMiller, Bigge
Crane&Rigging, San
Leandro, CA
■
Gary Stang, Anderson
Trucking Service, Inc., St.
Cloud,MN
Look for a full recapof the
SC&RAAnnual Conference
in the June issue of
ACT.
Also, don’tmiss our
exclusive coverage of the Job
of theYearwinners inour
special section startingon
page 47.
■
Manitex International posts
record results in 2013
Manitex International
reported record financial
results for 2013. In2013net
revenue roseby$39.8million
or 19percent, to a record
$245.1million, compared to
$205.2million in2012. For
the fourthquarter of 2013, net
revenuewas $65.4million,
a16percent year-over-year
increase from$56.5million.
Earnings before interest,
taxes, depreciation and
amortization (EBITDA) in
2013were $21.5million (8.8
percent of sales), compared
to$17.9million and8.7
percent in2012, an increase
inEBITDAof 20percent.
For the fourthquarter 2013,
EBITDAwas $6.2millionor
9.5percent of sales, compared
to$4.1million and7.3percent
of sales, an increaseof 52
percent.
DavidLangevin,Manitex
chairman andCEO, said, “We
ended2013on solid financial
footing,with record top- and
bottom-line results.Whilewe
saw some volatility inmarket
demand throughout the
year,we achieved respectable
organic growth and alsohad
solid contributions from the
acquisitionswemade in the
year.We are alsopleased to
report that our backlog in
cranes for the start of 2014 is
up approximately50percent
since year-end, a level that
represents our strongest order
intake inover 18months, and
gives us improvedvisibility for
2014.NorthAmerica remains
ourmost active geographic
market andwe’ve continued
todrive execution in an
environment inwhichwe
are seeingmodest economic
growth.”
■
Alan Barnhart
accepts the SC&RA
presidential gavel
from SC&RA
Chairman Ron
Montgomery.
