www. facebook. com / cranehotline www. linkedin. com / company / cranehotline

Follow us on Facebook and LinkedIn

Tadano Acquires IHI Transport Machinery’ s Transportation Systems

Tadano Ltd., a company in the lifting industry, plans to acquire the transportation system business of IHI Transport Machinery Co., Ltd., a subsidiary of IHI Corporation based in Tokyo.

This acquisition marks an important milestone in Tadano’ s strategy to diversify its product offerings and enhance customer value by broadening its range of lifting solutions. The addition aligns with Tadano’ s midterm management plan to introduce innovative solutions and expand into new markets.

The acquisition will bring over five decades of engineering and manufacturing expertise from IHI Transport Machinery’ s transportation systems division, which includes jib climbing cranes, port and offshore cranes, wind power cranes and bulk

Stellar Acquires Elliott Machine Works

The Faymonville Group plans to open a new facility in Arkansas.

handling systems.

This addition complements Tadano’ s existing lifting capabilities and offers synergy with its German-based crawler crane business, particularly in offshore and renewable energy sectors.

Faymonville Group Launches New US Facility in Little Rock

The Faymonville Group, a seventh-generation family-owned leader in heavy transport vehicle manufacturing,

Stellar Industries, an employee-owned manufacturer of high-quality service trucks, cranes and related equipment, has acquired Elliott Machine Works, Inc., a family-owned manufacturer based in Galion, Ohio.

This strategic acquisition will broaden Stellar’ s product offerings and enhance growth opportunities for distributors, customers and employee-owners.

Elliott Machine Works has been a reputable provider of mobile fuel and lube service equipment since 1948, specializing in fuel trucks, lube trucks, water trucks and other service equipment.

“ We anticipate that our customers will start to throw more opportunities our way, and we’ re ready to deliver,” Dave Zrostlik, president of Stellar, said.“ In addition, this acquisition strengthens our commitment to rural communities, ensuring we are making the biggest impact to the places our employees call home.”

plans to open a facility in Little Rock, Arkansas. Known for its comprehensive transport solutions, the company produces semi-trailers, low-loaders, modular vehicles and self-propelled trailers, supporting loads from 16.5 to 27,500 U. S. tons. With three major brands— MAX Trailer, Faymonville and Cometto— the Faymonville Group serves 125 countries worldwide, reaching revenues of approximately $ 500 million in 2023.

The Faymonville Group’ s dedicated“ Faymily” team of 1,400 employees operates across Belgium, Luxembourg, Poland and Italy, producing 3,000 vehicles annually.

The company’ s expansion into the U. S. reflects its commitment to providing tailored, practical solutions to this growing market. Since delivering its first vehicle to the U. S. in 2016, Faymonville has found the market’ s solution-oriented and straightforward approach ideal for growth.

The new Little Rock facility marks the company’ s first American production site.

Reach Out to Brian to GET YOUR NEWS OUT. brian. ethridge @ catcomnet. com

www. cranehotline. com • December 2024 CRANE HOT LINE ® 35