Page 48 - Wire Rope News & Sling Technology - February 2019
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NEWS IN OUR INDUSTRY
         continued from previous page
         cent decrease from the 8,174,754 net
         tons shipped in the previous month, Oc-
         tober 2018, and a 5.6 percent increase
         from the 7,419,946 net tons shipped in
         November 2017. Shipments year-to-
         date in 2018 are 87,475,473 net tons, a
         4.7 percent increase vs. 2017 shipments
         of 83,558,470 net tons for 11 months.
           A comparison of November ship-
         ments to the previous month of Octo-
         ber  shows  the  following  changes:  hot
         rolled  sheets,  down  6  percent,  cold
         rolled sheets, down 6 percent, and hot
         dipped galvanized sheets and strip,
         down 8 percent.
           Reprinted  from the  American  Iron  and
         Steel Institute, www.steel.org.
         Crosby Acquires
         Straightpoint
           Dallas, Texas-based The Crosby
         Group LLC, the largest lifting, rigging,
         and material handling hardware com-
         pany  in  the  world,  has  completed  the
         acquisition of Straightpoint UK (SP), a
         leading manufacturer of load cells and
         force measurement equipment. The
         value of the transaction is not disclosed.
           The acquisition, effective 2 January
         2019, includes  the manufacturing fa-
         cility and headquarters, co-located in
         Hampshire, UK that will become Cros-
         by’s center of excellence for load moni-
         toring and measurement, in addition to
         key personnel based in the U.S.    Straightpoint’s David Ayling (left) and Crosby’s Robert Desel at the SP facility in Hampshire, UK
           David  Ayling,  formerly  CEO  at  SP,   upon completion of the acquisition.
         will  step  into  a  new  role  overseeing   strong portfolio, made this a compel-  ed to add the SP brand, best-in-class
         sales, marketing, and product develop-  ling addition to Crosby. Safe lifting is   products, manufacturing capabilities,
         ment functions for all load monitoring   in Crosby’s DNA and load monitoring   and team members to the Crosby or-
         equipment. He will report to Robert De-  is a critical part of that equation. Moni-  ganization.”
         sel, Chief Commercial Officer at Crosby.   tored lifts are inherently safer and we
           Ayling  said:  “SP  has  built  a  very   can now increase adoption of this best  LGH Relocates in London,
         strong team focused on innovation and   practice on a global scale.”  Receives FORS Silver
         high service  levels and we wanted to   He  continued:  “The  acquisition  is   Accreditation
         ensure we could maintain and capital-  focused  on growth.  SP already repre-  Lifting Gear Hire (LGH) has relocat-
         ize on these important features of the   sented a force in the marketplace and   ed its London depot and received silver
         company. Crosby’s brand, its channel   as part of Crosby we can position its   accreditation from the Fleet Operator
         strength,  global reach,  and manage-  products and expertise closer  to the   Recognition Scheme (FORS), which is of
         ment team will enable us  to build on   point of  use  and increase  the  pace of   particular importance for any commer-
         our strengths and take the business to   innovation.”  Ayling  confirmed  that   cial vehicle operator in the UK’s capital.
         a new level. Becoming part of Crosby   SP would maintain its commitment   LGH completed the move from Rain-
         represents  an opportunity to deliver   to non-rigging markets, such as the   ham, Essex to the Crayside Industrial
         our  solutions  to  more customers  and   weighing sector.            Estate in Crayford over the recent holi-
         increase the pace of our innovation. It   Desel concluded: “We are very excit-  day period and was fully operational at
         is an exciting new chapter for SP, its
         team members, and customers.”
           Desel  said: “We’ve had a close rela-
         tionship with SP for quite a while—its
         load shackles are based on the industry
         standard Crosby G2130 shackle,  and
         we use SP products on our Safe Rigging
         trucks.  SP’s  position  as  a  leader and
         innovator in load measurement and
         monitoring, and the opportunity to in-
         tegrate its technology into our already
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