AmQuip to spend US$ 60 million on tower cranes

US crane rental major, AmQuip Corporation, has announced an investment of US$60 million to expand its tower crane fleet. AmQuip, one of the largest crane rental companies in the US, has divided the sum between Peiner (Terex) and Potain (Manitowoc Crane Group), to be spent over a period of years.

Philadelphia-based AmQuip will add the latest tower crane technology to its large fleet of crawler cranes and all types of mobile hydraulic equipment. The expansion will make AmQuip one of the largest tower crane rental houses with the youngest fleet in the US.

Commenting on the move AmQuip CEO Joseph Wesley said: “We're always among the first to innovate in the crane industry, whether it be taking newly-launched machines or trying out new technology. By doing so We're able to offer quicker, safer and more cost-efficient lifting solutions to our customers. We'll be bringing this philosophy to our tower crane division, which we believe will give us a competitive advantage.”

For Terex-Peiner the contract, valued at $30 million over the next two years, includes the supply of top slewing tower models SK 315, SK 415, and the strongest in the range, the SK 575, which has a maximum capacity of 70600 pounds (32 tonnes) and a maximum free standing hook height of 249 feet (76 m).

David Birkhauser, senior VP North American sales at Manitowoc Crane Group said he was delighted AmQuip has chosen Potain as a partner for the expansion of its tower crane fleet.

In a similar vein, Steve Filipov, president and CEO of Terex Cranes commented, “We are extremely pleased AmQuip has chosen Terex Towers to continue their tower expansion in North America. This is a substantial order for us.”