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Bay Crane Acquires Cranes, Inc. of NY

March 10, 2023, 07:00 AM
Filed Under: Mergers & Acquisitions

The Bay Crane Companies, Inc. (Bay Crane) announced that Cranes, Inc. (Cranes) has joined the Bay Crane family of companies, which include Bay Crane, Capital City Group and Gatwood Crane. With this acquisition, Bay Crane has solidified its position as the leading crane company in the New York City area providing customers the broadest and most comprehensive offering of turn-key solutions.

“We are excited by this unique opportunity to combine two premier businesses in the crane services industry in New York City and the surrounding region. Both Bay Crane and Cranes have built exceptional reputations and customer relationships through their commitment to providing the best quality equipment and the highest levels of customer service,” said Kenneth Bernardo, CEO of Bay Crane. “The combination of Cranes with Bay Crane will be beneficial to both of our teams and, most importantly, to the customers we serve by providing an enhanced level of service, expertise, and equipment. The companies share a similar philosophy of providing customers the most complete and up-to-date fleet available, investing heavily in the latest and best technology to support our customers’ lifting needs.”

“Our companies have always had an outstanding relationship and know each other well, with ties that go back more than 80 years,” said Rob Weiss, CEO of Cranes, Inc. “The teams on both sides throughout each organization are made up of the most experienced lifting solutions experts in the industry and the ability to work together going forward is exciting for everyone involved.”

Cranes, Inc. is a third-generation family business with New York City roots stretching back over 80 years. Under the stewardship of Paul Weiss, Paul's son, Larry, and grandson, Robert, the company has expanded to become one of the major crane rental companies in the New York metropolitan area. The history of Cranes, Inc. dates back to 1925 when it was started as an offshoot of a steel erection company which ultimately became A.J. McNulty & Co., one of the regions leading erectors of structural steel and pre-cast concrete. Cranes was a pioneer of the Liebherr brand, starting its relationship in 1996, and has showcased the first LR 1400s, LR 1350s and LTC 1055-3.1s in the United States.

Bay Crane ranks in the top 10 largest crane service companies in North America and operates from 16 full-service locations. Bay Crane was started in 1939 and has grown to become a leader in crane rental and specialized transportation solutions in the United States. The Bay Crane Companies operate out of branch locations in: New York, New Jersey, Rhode Island, Connecticut, Massachusetts under Bay Crane; Michigan, West Virginia and Ohio under Capital City; and in Illinois under Gatwood Crane and Chellino Crane. Bay Crane is known for its high level of dependable service and its ability to take on the most challenging lifting and heavy hauling jobs while putting safety at the forefront.

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