Allison Crane & Rigging, a full-service mobile crane provider, primarily serving the Utica and Marcellus shale basins from its branch in Williamsport, Penn., recently merged with TNT Crane & Rigging, one of the largest crane-service providers in North America.
TNT’s oil and gas operations include Pennsylvania’s shale resources.
The merger is expected to serve customers better, potentially add new customers, and provide employees with more opportunities.
“My grandfather started Allison, and the legacy continued with my father, Larry Sr.,” Larry Allison Jr., Allison president, said. “TNT is the right partner for Allison at this point in the growth and development of our business. We have been blessed with amazing employees that have made us who we are today. This merger will allow us to continue to provide superior service to our customers and most importantly expanded opportunities for our employees.”
Financial terms were not disclosed.
Founded in 1976, Allison operates 30 cranes with an average age of under five years old. The company serves the oil and gas industries as well as bridge and road construction, pulp and paper, and other commercial industries.
TNT was founded in 1985 and is a portfolio company of First Reserve. It operates 700 cranes through 44 North American branches.