The Bay Crane Companies (Bay Crane), a provider of specialty crane and rigging equipment services in the Northeastern United States, has acquired Gatwood Crane Rental Service (Gatwood Crane). Gatwood Crane was founded by Chuck Gatwood in 1947 and has grown to become one of the best-known crane rental companies in the Chicago-land area with a fleet of cranes ranging from 10 to 500 tonnes lifting capacity.
Bay Crane was started in 1939 and has grown to become a leading crane rental and specialised transportation company in the Northeastern United States. Bay Crane operates out of six primary locations in New York, New Jersey, Rhode Island, Connecticut and Massachusetts.
“Ed and his family have built a very successful business with a great reputation,” said Kenneth Bernardo, CEO of Bay Crane. “We see Gatwood Crane as the foundation upon which we will build a leading Chicago-land crane service company. Our plan is to see this business grow and prosper as we add equipment, services, customers, additional locations and attract the highest quality employees.”
Ed Gatwood, CEO of Gatwood Crane, commented, “We couldn’t have found a better partner than the Bay Crane team to take over the business my family built over the years. Bay Crane understands the importance of our people to the success of this business. I am excited for the future of Gatwood Crane, its employees and our ability to better serve our customers in the future.”
