Mon March 25, 2002
Manitowoc Company Acquires Grove Worldwide, Expanding Crane Segment
The Manitowoc Company Inc., one of the leading worldwide manufacturers of high-capacity, lattice-boom crawler cranes and tower cranes, has announced that it has executed a definitive agreement to acquire Grove Worldwide is one of the leading manufacturers of mobile hydraulic cranes and truck-mounted cranes.
The acquisition, valued at approximately $270 million, will be funded by a combination of cash and approximately 2 million shares of Manitowoc common stock based on current market prices.
“Grove enhances our market-leading positions, represents a strong growth opportunity for our crane segment and fills a product void by adding mobile cranes to our product offerings....
Sat March 09, 2002
Grove Recognizes Best Distributors
Grove Crane recently honored a number of distributors for outstanding performance in 2001. The Grove Distributor Excellence Awards were announced during the Associated Equipment Distributors (AED) convention in Anaheim, CA.
The award is based on criteria including market share, sales improvement, parts and service performance, service and sales training participation, and overall support of Grove Crane products and promotions.
Honnen Equipment Company, Commerce City, CO, was honored for outstanding performance in 2001....
Wed February 27, 2002
Grove Spans Potomac With $2B Woodrow Wilson Bridge Job
Grove RT650E rough-terrain cranes are at work on the $2-billion Woodrow Wilson Memorial Bridge reconstruction project. The bridge carries busy Interstates 495 and 95 across the Potomac River from Maryland to Virginia just outside Washington, D.C....
Wed February 27, 2002
Grove TMS875C Boosts Bridge Beams in Colombian Project
Transportes Montejo LTDA, headquartered in Tocancipa-Cundinamarca-Colombia, specializes in transport, lifting and erection of heavy and oversize loads. The company also has facilities in Venezuela providing crane rental and transport services....
Tue February 12, 2002
Grove Crane North American Distributors Receive Excellence and Service Awards
Grove Crane recognized five North American distributors for their overall performance in 2001:
--American State Equipment Co. Inc., Milwaukee, WI
--Hayden-Murphy Equipment Company, Minneapolis, MN
--Honnen Equipment Company, Commerce City, CO
--J....
Wed January 30, 2002
Grove GMK5100 Meets Needs of Siberian Fuel Industry
It might get very cold in the United States, but in Surgut, one of the remotest parts of Siberia, temperatures can drop to minus 40F (minus 4.4C) in the winter although summer highs are more moderate, about 86-degrees F (30 C)....
Sat January 19, 2002
Kirby-Smith Takes Over Fabick Tractor’s Grove Crane Sector
After having represented its line of products for the past 39 years, The Fabick Companies elected to transfer all Grove crane and crane related operations to the St. Louis branch facility of Oklahoma City, OK-based Kirby-Smith Machinery Inc....
Wed January 16, 2002
United Nations Puts Its Grove AT422T Cranes to Global Use AT422T Cranes to Global Use
The United Nations has purchased a number of Grove AT422T all-terrain cranes and has them in use in many different locations working on a wide range of projects. Machines are presently at work in the Congo, Italy and Lebanon....
Wed January 02, 2002
Grove City Man Wins Bobcat 773 After Building Log Cabin
John Scheafnocker of Grove City, PA, recently was named the grand-prize winner of the Bobcat 500K Skid Steer Loader Contest, winning a Bobcat 773 Limited Edition skid steer loader.
Scheafnocker was chosen from more than 30,000 entries, which included contractors, farmers, landscapers and other users, who described their toughest jobs that tested their personal endurance and their compact equipment....
Wed January 02, 2002
Grove Conducts Sales Classes for Distributors South of the Border
Grove conducted the first of its new training courses in Spanish in Sao Paulo, Brazil, Sept. 24-27, 2001. The sales training class was attended by 14 distributor sales people from Mexico, Colombia, Brazil, Puerto Rico, Argentina, Peru, Ecuador and Chile.
Kyle Nape, Grove director of Latin American sales, hosted the event....
