Mi-Jack acquires Yardeye in Germany
US-based Rubber Tired Gantry (RTG) Crane and port handling equipment manufacturer Mi-Jack Products has acquired German collision avoidance and work zone protection specialist Yardeye.
The company announcement said: “Yardeye’s RFID and GNSS based equipment, personnel Real Time Locating System, and Collision Avoidance System fit seamlessly into Mi-Jack's Mi-Star technology platform, which provides everything from differential GPS automated steering and GPS inventory management to virtualised operations view and centralised fleet management.”
“Combining both companies’ skilled and experienced technology groups into one will facilitate continued innovation and excellence for automation, collision avoidance, and work zone protection within ports and intermodal terminals.”
Aaron Newton, vice president of sales added: “By bringing these two similar but unique technology platforms together, the port and intermodal industries will now have an end to end automation solution with superior redundancy, led by a company that’s been rooted in the container handling business for over 65 years.”
Simon Fiera vice president of Technology said: “We see Yardeye as a key component of integrating into an agnostic crane manufacturing base for the purposes of automation and work zone protection. We look forward to the innovations and efficiencies that will come from combining the skillsets and experiences of both the European and North American technology teams.”
Yardeye managing director Stephan Trauth added: “We are very proud to join the Mi-Jack group. The know-how of both companies will generate more advanced capabilities and synergies. Together, we will provide an automation portfolio that sets new standards in the rail container industry. The network from Mi-Jack in the North American market and especially their competence will add more value and innovative ideas for our customers. We look forward to this new chapter!”
Mi-Jack is part of Lanco which also owns carry deck crane manufacturer Broderson, as well as crane and access distributors Western Pacific Crane & Equipment and Walter Payton Power Equipment, along with John J Lanigan Training Academy named after Mi-Jack’s founder. Established in 1954, the company is based in Hazel Crest, Illinois.