IPS Cranes to acquire American & Ohio Locomotive Crane Co.

IPS Cranes has agreed to acquire American & Ohio Locomotive Crane Co. (AOLCrane), creating a broader range of crane manufacturing and services.

“The merger will create the 'broadest and deepest range of crane manufacturing, services and resources,' said IPS Cranes President and Chief Executive Officer Jackie O'Connell in a press release.”ritd-llc.com

• 3 sources
• ritd-llc.comRail supplier news from IPS Cranes, CakeBoxx, Siemens, GE and RATP (June 7) - Railroad NewsRailroad NewsJun 7, 2017
• ritd-llc.comIPS Cranes to acquire American & Ohio Locomotive Crane Co. - Railroad NewsRailroad NewsJun 13, 2017
• ritd-llc.comIPS Cranes to acquire American & Ohio Locomotive Crane Co. - Railroad NewsRailroad NewsJun 13, 2017

Summarized from public sources; check the original articles before acting on it.