Ramsey Industries Acquires Eskridge

March 11, 2008—

Ramsey Industries Inc. adds Eskridge Inc. as the company’s third subsidiary in addition to Auto Crane, a brand offering truck-mounted telescopic cranes, crane service bodies and accessories, and Ramsey Winch, which provides various industrial and consumer winches. Ramsey Industries sells products to end-user markets including non-residential construction, oil and gas, towing and recovery, municipal, mining and energy/utilities. Eskridge will continue to be based out of Olathe, Kansas as a designer, manufacturer and marketer of planetary gear drives, auger drives and multiple-disc brakes for sale to distributors and OEMs, according to Eskridge’s press release. The companies’ different product lines are expected to complement each other well.                                              

“Our vision is to become a global leader in all of the markets we serve by providing innovative solutions to our customers’ 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,” says Bruce Barron, CEO of Ramsey Industries.