NC Services Group Ltd. continues to grow through the acquisition of Grizzly Crane Ltd.
EDMONTON, AB, Jan. 30, 2013 /CNW/ - Edmonton headquartered NCSG Crane & Heavy Haul Services ("NCSG") announced today that it has entered into a binding agreement providing for the acquisition of Grizzly Crane Ltd ("Grizzly Crane").
Grizzly Crane was founded by Will Howe, a long time Tumbler Ridge, British Columbia resident who started the company and built it into a leading supplier of fully operated and maintained crane rental services in the Tumbler Ridge and Chetwynd regions of British Columbia.
"We are thrilled to be partnering up with Grizzly Crane to help service the fast growing Tumbler Ridge and Chetwynd markets" said Ted Redmond, President and CEO of NCSG, and continued: "there are numerous mining, wind and shale gas projects both starting-up and ongoing in this region and our goal is to continue to be a major participant in those projects."
Will Howe will remain with the company as Branch Manager of NCSG/Grizzly Crane for the Tumbler Ridge region. "Our local employees will continue to provide outstanding service to our many loyal customers in the region," said Howe. "With access to the NCSG safety and engineering team and its fleet of over 250 cranes, 170 lines of platform trailers, 200 trailers and 65 tractors we will be able to meet all of our customers' project, turnaround, and maintenance crane rental and heavy haul needs."
About NCSG Crane and Heavy Haul
NCSG began as Northern Crane Services, which was founded in 1987 and was purchased in 2006 by the current investor group of NCSG. Since that time NCSG has done 5 follow-on acquisitions and grown at a compound annual growth rate of over 28%.
NCSG is one of the largest crane and heavy haul companies in North America and has offices in Edmonton, Fort McMurray, Regina, Grand Prairie, Tumbler Ridge, and Fort St John in Canada and in Idaho, Montana, North Dakota, and Texas in the United States. NCSG provides lifting and heavy haul services throughout the energy, mining, and wind corridor from Western Canada down through the western United States. NCSG has a diverse fleet of over 250 cranes, ranging in size from 8 to 1350 tons as well as a highly specialized heavy haul tractor and trailer fleet servicing the oil sands, traditional oil and gas, mining, infrastructure and the wind industries.
SOURCE: NC Services Group Ltd.For further information:
contact Ted Redmond at 780-993-7607 or Diane Goodwin at 780-455-1075 or visit our website (www.ncsg.com).