Barnhart acquires Powell's crane rental division

By D.Ann Shiffler07 June 2010

Barnhart Crane & Rigging replaces a damaged bridge girder

Barnhart Crane & Rigging replaces a damaged bridge girder

Barnhart Crane & Rigging will purchase the crane rental division of Powell Companies, which has locations in Knoxville and Johnson City, TN. Powell's crane rental division has served the Tennessee region for 40 years. The two companies did not disclose the price of the transaction.

Powell's other companies - including its coal and minerals processing engineering/construction, steel erectors services, Decanter Machines, Inc, and Powell Technologies - were not involved in the sale and will continue operating as before. The transaction was completed with little or no job disruption or displacement and will allow Powell to give greater focus and commitment to their core businesses, the company said.

With this agreement, Powell's former crane rental division customers will now be working with Barnhart, a leading crane, heavy rigging and heavy transportation company based in Memphis, TN.

"We feel like this is a win/win for everyone involved," said Alan Barnhart, CEO. "This agreement will give our current customers access to a larger equipment inventory. As for the former customers of Powell's crane division, we are going to work hard to build a relationship with them and earn their business. In the end we think they will be very pleased with multitude of new services and equipment we can provide."

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
How is lift planning integrated in safety and business?
Hannah Sundermeyer speaks with engineering experts about the current state of lift planning.
ZF gearbox added to updated Liebherr mobile crane
Popular LTM 1110-5.2 now includes the ZF TraXon DynamicPerform gearbox
CONNECT WITH THE TEAM
D.Ann Shiffler Editor, American Cranes & Transport Tel: +1 512 869 8838 E-mail: d.ann.shiffler@khl.com
Matt Burk VP Sales Tel: +1 312 496 3314 E-mail: matt.burk@khl.com
CONNECT WITH SOCIAL MEDIA