Bay Crane Companies Makes Strategic Entry Into Baltimore, Washington, D.C., Area Market

Tue March 05, 2024
Bay Crane Companies

The Bay Crane Companies Inc., one of the 10 largest providers of crane services in the North America, announced the acquisition of two leading crane service companies in the Mid Atlantic region from ML Holdings: United Crane & Rigging and Crane Rental Company Inc.

This acquisition adds to Bay Crane two full-service locations — Baltimore, Md., and Capital Heights, Md. — along with a fleet of 88 cranes and hoists and almost 200 trucks, trailers and other support equipment.

"Both these companies have over 50 years of proud history serving the Mid Atlantic market. We are pleased that they will be joining the Bay Crane Companies and welcome everyone on the team," said Kenneth Bernardo, president and CEO of the Bay Crane Companies.

"The Mid Atlantic market is very strategic to Bay Crane, being located just south of our New Jersey operations. These platform businesses will help to expand Bay Crane as a premier crane service provider in the northeast corridor from New Hampshire to Virginia.

"The team at United Crane and Crane Rental will now have access to one of the largest and most comprehensive crane fleets on the east coast along with all the specialty rigging and trucking equipment. This will uniquely position Bay Crane to substantially increase the scope of services provided to customers in the Mid-Atlantic region."

"We are already seeing immediate benefits from this combination," said Joe Mirabile Jr., regional vice president of the Mid Atlantic region. "We are moving larger crawler cranes and other high-capacity and specialized equipment into the market and are very confident our loyal customers will see a significant benefit from this combination in the years ahead."

"When ML decided to focus its crane business exclusively in the Mid/Southwest markets we knew we needed to find the right buyer for United Crane and Rigging and Crane Rental Company. While we're sad to part ways with all the great people at these companies, we can't think of a better partnership for them than The Bay Crane Companies," said David Matz, president of ML Crane and ML Holdings Company.

"We look forward to the continued success of the expanded Bay Crane and redeploying capital in our core businesses."

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