Active Asset Sales Empire Crane has a history of active asset transactions, exemplified by recent asset sales to companies like Associated Industrial Riggers Corp and South State Inc. This indicates ongoing opportunities for sales and leasing of new and used heavy equipment as clients expand or upgrade their fleets.
Expanding Geographic Reach With locations in Syracuse, Boston, and Bridgewater, Empire Crane serves a broad regional market. This suggests potential for targeted sales efforts in New England and the Northeast, tapping into regional construction projects and infrastructure developments.
Customer Support Portfolio The company provides comprehensive sales, parts, service, and rentals, supported by on-the-road technicians. This multi-faceted service approach creates cross-selling opportunities for maintenance packages, parts sales, and equipment upgrades within their existing customer base.
Industry Equipment Focus Empire Crane's role as an authorized dealer for renowned brands like Tadano, Demag, Kobelco, and Manitex positions it well to target clients seeking high-quality, reliable cranes. Offering these brands can open doors to customers planning large-scale or specialized construction projects.
Growth and Investment Potential Despite recent asset sales, Empire Crane's accumulated investment of over 100 units since 2016 reflects a strategic capital commitment. This ongoing investment signals opportunities to present financing, leasing options, or upgraded models to existing clients or prospects looking to expand their fleets.