Time Manufacturing/Versalift Acquires Industry-Leading Bridge Inspection Equipment Manufacturer Aspen Aerials

WACO, Texas, Oct. 2, 2018 /PRNewswire/ -- Time Manufacturing/Versalift announced today that it has acquired Aspen Aerials in a deal that will create significant value by expanding its product offerings and leveraging its own global market access. Now known as 'Aspen Aerials, a Time Manufacturing Company,' the Duluth, MN-based manufacturer will continue to serve the bridge inspection and repair equipment industry, both at home and abroad. 

Established in 1965, Time Manufacturing/Versalift has been an industry leading innovator in the design of aerial lifts, and has earned its reputation for safety, durability and overall quality in the electric utility and telecommunications industries. For decades, Aspen Aerials has manufactured high reaching, stable, and durable specialty equipment used to inspect the safety and integrity of bridges. The manufacturer's industry-leading products allow technicians to examine bridges from above, alongside or below. The company's product line includes units with up to four independently operating booms, which can be managed from multiple control panels. Further, Aspen Aerials has developed innovative stability management technology that allows their truck-mounted bridge inspection equipment to operate without the need for outriggers.

"We are delighted to welcome Aspen Aerials, a market leading manufacturer in the bridge inspection space, to the Versalift family," said Time Manufacturing/Versalift CEO Curt Howell. "With this acquisition, we extend our reach into an important and growing industry, and continue to expand our offering of high-quality, safe and reliable equipment."

By expanding its already diverse line of equipment, Time Manufacturing/Versalift extends its culture of safety, innovation, and superior manufacturing processes to new product lines in order to continue to serve a growing base of customers around the world.

Versalift is a leading manufacturer of bucket trucks, digger derricks, cable placers and other specialty equipment for the power generation, transmission and distribution, investor-owned utility, telecommunications, bridge inspection, light and sign, and tree care industries. Working with co-ops, municipalities, government agencies and corporations through its global network of facilities and distributors, the company employs nearly 900 associates worldwide.

SOURCE Versalift

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