Ramsey Industries Acquires Eskridge
Feb 1, 2008 11:37 AM
Ramsey Industries, Inc. announced the acquisition of Eskridge, Inc. of Olathe, KS. Eskridge is a leading designer, manufacturer and marketer of planetary gear drives, auger drives and multiple-disc brakes for sale to distributors and original equipment manufacturers.
"We are very excited to announce the addition of Eskridge to the Ramsey Industries family," said Bruce Barron, CEO of Ramsey Industries. "Our vision is to become a global leader in all of the markets we serve by providing innovative solutions to our customer's requirements with high quality, on-time and cost effective products. The acquisition of Eskridge brings us one step closer to the accomplishment of that goal. This combination will increase the offering of products to our valued customers around the globe and will also allow us to offer them full package solutions to their growing needs".
Founded in 1944 in Tulsa, Ramsey Industries is comprised of two subsidiaries: Auto Crane and Ramsey Winch. Eskridge will now form a third subsidiary based in Kansas City. Under the Auto Crane brand, the company provides a comprehensive line of truck-mounted telescopic cranes, crane service bodies and accessories. Under the Ramsey Winch brand, the company offers a broad range of industrial and consumer winches.
Products are sold through a network of truck equipment dealers and OEMs to a diverse group of end-user markets including non-residential construction, oil and gas, towing and recovery, municipal, mining and energy/utilities. Additional information about the company may be found at www.ramsey.com , www.autocrane.com and www.eskridgeinc.com.
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