TNT promotes Lunsford to president, announces two acquisitions
By Shiffler D.Ann19 April 2013
TNT Crane & Rigging announces the promotion of Kregg Lunsford to President. Kregg has served as the executive vice president and chief development officer since joining TNT last year. He has led the strategic growth initiatives of the company including the acquisitions of Southway Crane & Rigging, TSD Crane & Rigging and Greenergy Construction & Maintenance LLC.
“I am excited for the company as Kregg moves into his new role as president,” said Mike Appling, chief executive officer of TNT. “He has successfully executed our growth initiatives since joining the TNT team and has been an invaluable partner during the process. I am continuing as CEO and we will work closely together building our business. His past experience as a public company CFO and EVP of international operations brings a broad and deep skill set to the TNT management team and his leadership will drive our success into the future.”
TNT also announced its acquisition of the assets of both TSD Crane & Rigging and Greenergy Construction and Maintenance. This transaction extends TNT’s footprint into the Permian, Panhandle and Kansas regions with new branches in Odessa and Canadian, Texas.
These new operations will position TNT to partner with its oilfield and refinery customers as they grow their respective businesses in these strategic markets, the company said.
“We are very optimistic about the growth opportunities that TSD and Greenergy bring,” said Lunsford. “We’re not only picking up additional crane assets in targeted locations but these companies also bring an abundance of young talented managers and key seasoned veterans that will lead our expansion in these high growth markets.”