10.02.2011

TNT continues expansion

Texas based TNT Crane & Rigging has agreed a merger with Norco, Louisiana based RTL and has acquired the 35 cranes and assets of Louisiana Crane’s San Antonio and Houston branches.
Please register to see all images

The transactions create a business that can provide a full lifting service to the refinery and petrochemical industry throughout the Gulf coast of Texas and Louisiana.
Please register to see all images

The combination of the TNT, RTL and Louisiana cranes creates a 155 unit crane fleet ranging from boom trucks up to an 800 ton Demag AC700 All Terrain crane and one of the few remaining GCI 5400 mobile tower cranes.

TNT chief executive Mike Appling said: “The combination with RTL is an excellent strategic fit for TNT and continues our growth plans. RTL has long-term customer relationships that combined with the large crane fleet of TNT will provide additional growth opportunities and enhanced service for our customers. We are in a unique position of covering the Gulf Coast industrial base from New Orleans to Corpus Christi and beyond.”

“The acquisition of the Texas cranes is a big step up for us in the crane industry. It puts TNT in a much better competitive position in the San Antonio marketplace. We need the additional assets in Houston and will be able to redeploy some of the cranes to other branches to service their needs.”

Pat Tesson RTL’s president added: “This merger positions our group as one of the leading crane rental service companies in South Louisiana. It will give RTL employees enhanced opportunities and provide TNT with a base for further geographical expansion. By combining these seasoned businesses we will now be in position to offer a broader spectrum of lifting and rigging services to clientele in the region.”