Imperial Crane acquires Speedway Crane
10 December 2015
Crane rental company Imperial Crane Services, Inc. in the USA, has acquired Speedway Crane. Both companies are headquartered in Illinois and Imperial also has offices in Indiana and Texas.
Speedway Crane was established in 2002 by owner Mike Fitzgerald who built up a crane rental customer base in the steel industry and the industrial sector. Speedway has an EMR (experience modification rate) of 0.0 with no recordables or accidents. Fitzgerald was a crane operator at Imperial Crane from 1990 to 2002.
Commenting on the acquisition, Mike Fitzgerald said, “Speedway Crane is a great fit for Imperial Crane as both companies strongly focus on safety, customer service, and retaining skilled employees. Imperial Crane's solid reputation in the industry and continuously expanding fleet will allow us to magnify our existing relationships with our customers and offer additional resources that weren't available to us before the merger. Being a previous employee of Imperial, I recognise that Imperial and Speedway share the same values and vision.”
BJ Bohne, Imperial Crane owner, said, “Imperial Crane is excited about this new venture and looks forward to passing on the benefits of this partnership to our loyal customers. This acquisition will allow Imperial to open doors to a new customer base that was previously untapped. We welcome Mike and his team to the Imperial Crane family as they will have an immediate impact to enhance the ongoing success of our company.”
Imperial Crane has worked in manufacturing and heavy industries for more than 45 years, providing crane rental with its fleet of more than 250 pieces of equipment.