WACO, Texas, Dec. 14, 2018 /PRNewswire/ -- Aerial lift
manufacturer Versalift, a Time Manufacturing Company, announced
today that it has acquired Cannon Truck Equipment in a transaction
that establishes a new company-owned distributor called "Versalift
Midwest". Versalift Midwest sells new Versalift truck-mounted
aerial lifts, cable placers and digger derricks. It will also serve
customers with a broad set of high-quality products including
cranes and crane bodies, lube trucks, snow and ice equipment, as
well as various dump, service and utility bodies. Versalift has
been manufacturing aerial lifts, digger derricks, cable placers and
other high reach equipment since the 1960s. With this acquisition
Versalift seeks to deepen its sales, parts and service coverage for
the Midwest region. Versalift Midwest will create significant value
for new and existing customers in the region's electric utility,
vegetation management and telecommunications industries.
Cannon Truck Equipment and Versalift have been working together
for more than a decade, and this transaction expands Versalift's
ability to serve its customers with additional service bays, paint
and body repair facilities, dielectric testing, and various other
services. As a wholly-owned Versalift distributor, Versalift
Midwest will continue to provide and integrate the same leading
quality, service, and care for valued customers in the region.
"We are very happy to announce the acquisition of Cannon Truck
Equipment," said Versalift CEO,
Curt Howell. "With this great team
and excellent facility, we expand our ability to serve our valued
customers in the American Midwest with well-trained technicians, a
detail oriented and professional sales team, and a versatile
repair, maintenance and upfitting facility." James Brown, who has led Cannon Truck Equipment
to this point, will continue as General Manager of Versalift
Midwest, agrees. "We are excited about joining the Time
Manufacturing/Versalift team, and look forward to successfully
growing with our valued customers. This new relationship will allow
us to leverage greater resources, cover a larger market and
increase the value we bring to the region."
By creating Versalift Midwest, the aerial lift manufacturer that
prides itself on safety, innovation, and superior manufacturing
processes, extends its customer service initiatives. The new
corporate brand pushes improvements to its service, response,
engagement and delivery programs, further into the Midwestern
United States.
Versalift is a leading manufacturer of bucket trucks, digger
derricks, aerial lifts and other specialty equipment for power
generation, transmission and distribution, investor-owned utility,
telecommunications, bridge inspection, light and sign, and tree
care industries. Working with co-ops, municipalities, government
agencies and corporations through its global network of facilities
and family of dealers, the company employs more than 900 associates
worldwide.
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SOURCE Versalift