AmQuip acquires Powell Equipment
By D.Ann Shiffler09 December 2008
AmQuip Crane Rental in the US has acquired the business and assets of Powell Equipment Company. The Atlanta-based Powell AmQuip division will expand the capabilities of AmQuip's Southeast region, which includes Elliott AmQuip operations in Nashville and Murfreesboro, Tennessee and AmQuip's Tower Crane division in Birmingham, Alabama. The business will operate from Powell's facilities near I-285 in the heart of Atlanta under the direction of Floyd and Ross Powell.
"We are delighted to join with the Powell family and employees, who have a superb reputation for quality service and safety in the Atlanta market." said Frank Bardonaro, AmQuip president. "AmQuip will add RTs, crawlers, tower cranes and additional ATs to Powell's fleet, as well as access to our safety, technical and engineering resources. The new Powell AmQuip team will offer a 'one-stop shop' for the greater Atlanta region."
Floyd Powell, Powell Equipment CEO, said, "In these uncharted economic times, we couldn't be more excited about having the additional support from AmQuip to service our customers. Our management, employees and operators will all benefit from this transaction, as well."
Powell Equipment Company has served Atlanta's developers and contractors for nearly 40 years. The company built new offices and yard facilities in 2005 in the Atlanta Industrial Park.
AmQuip Crane Rental LLC is one of the nation's largest crane rental companies, operating about 600 cranes in 20 states from Georgia, Alabama, Tennessee, Ohio, Maryland, Pennsylvania, New Jersey, Rhode Island and Massachusetts. AmQuip has headquarters in Philadelphia.