HIG Managing Director Tenno Tsai said in the press release he looks forward to working with Howell and other members of the time management team, having partnered with them “on a previous investment. success”.
“We look forward to supporting Time’s next phase of growth by investing in new product development, geographic expansion and complementary acquisitions,” Tsai said.
Time Manufacturing offers lines of vehicle mounted aerial devices under the names Versalift, Ruthmann, Steiger, Eagle and EcoLine. BlueLift offers compact aerial devices. BrandFX produces truck bodies, toppers, inserts, booms and buckets in the company’s fiberglass division. Aspen Aerials specializes in starting trucks used to inspect bridges.
Berger said every unit would benefit from the bipartisan $ 1,000 billion infrastructure bill that President Biden enacted.
Time and its operations produce bucket trucks, excavator derricks, cable layers, truck bodies, buckets and other specialized equipment for utility applications, electrical, telecommunications, inspection. of bridges and tree maintenance.
Internationally, Time Manufacturing made the news in 2018 by entering into an agreement with Xuji Electric, a subsidiary of State Electric Grid of China, to establish an aerial work platform manufacturing plant in China to serve the Chinese market.