Manitowoc’s MGX Equipment Services acquires select crane assets of Ring Power Corp.

The Manitowoc Company, announced today that through its wholly-owned subsidiary, MGX Equipment Services, it has completed the acquisition of certain crane assets of Ring Power Corporation. This transaction expands Manitowoc’s direct-to-customer footprint in the territories with new and used crane sales, aftermarket parts, service and remanufacturing support to a diverse range of end market customers, the company said. Terms were not disclosed.

Manitowoc’s subsidiary MGX Equipment Services has acquired certain crane assets of Ring Power Corp.

MGX will now serve crane customers in Georgia, North Carolina, and South Carolina. Ring Power will maintain its current facilities in Georgia, North Carolina and South Carolina for its utility and vocational truck operations. In addition, Ring Power will operate its crane business in Florida representing Grove, Manitowoc and National Crane products.

The expanded service territory benefits from the support of MGX branch locations in Winston-Salem, North Carolina and Aiken, South Carolina, Manitowoc said.  

“We are extremely excited to support Grove, Manitowoc, and National Crane customers in these new territories. Our team is well-positioned to earn the trust and confidence of customers by providing excellent service and support from our local branches,” said Keith Poff, Vice President & General Manager, MGX Equipment Services. 

The Manitowoc Company, Inc. was founded in 1902 and has over a 120-year tradition of providing high-quality, customer-focused products and support services to its markets. Manitowoc is one of the world’s leading providers of engineered lifting solutions. Manitowoc, through its wholly-owned subsidiaries, designs, manufactures, markets, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Aspen Equipment, Grove, Manitowoc, MGX Equipment Services, National Crane, Potain, and Shuttlelift brand names.