Marmon acquires Joyce Crane
Chicago's Marmon Crane Services has acquired Joyce Crane rental of Longview, Texas from owner Joe Bob Joyce.
Established in 1985 Joyce Crane operates from four locations in Longview, Texas, plus Bosier City and West Monroe in Louisiana and Little Rock, Arkansas. It provides heavy lifting and rigging to customers ranging from refineries to petrochemical, power and manufacturing plants. The terms of the deal have not been disclosed.
Joyce will continue to operate as a stand alone business, with Joe Bob Joyce remaining on board and supported by the management team from Marmon, a subsidiary of Berkshire Hathaway.
Marmon Crane president John Roberts said: “We are excited to welcome Joyce
Crane and its employees to Marmon’s global portfolio of crane businesses. Joyce is a company with a strong brand and an excellent service record, and we look forward to its continued growth under Marmon’s ownership.”
Joe Bob Joyce added: “This is a very exciting time for Joyce Crane, this agreement is a positive move that will strengthen both companies and benefit all of Joyce Crane’s stakeholders, including our employees, clients, and vendors. We also remain steadfast in our commitment to the communities where we live and do business.”
Marmon Crane Services, began with Sterling crane runs a fleet of around 1,200 mobile cranes, topped by an Liebherr 750 tonne LTM 1750-9.1 and operates through companies that include Procrane and Sterling Crane in Canada and the United States, Advantage Crane of Victoria, British Columbia, Freo Group of Kwinana, Western Australia and WGC Cranes, of Wollongong, New South Wales.