[INDUSTRY NEWS]
instantly manage performance. Easy access to on-board diagnostics allows operators to identify and resolve issues through preventive maintenance. This increases productivity, uptime and safety for the operator and load.” The Lodestar VS comes equipped with
the Magnetek IMPULSE®•G+ Mini drive, a Columbus McKinnon brand. Utilizing Magnetek’s advanced programming features, the IMPULSE•G+ Mini is optimized for unparalleled performance with programming features that allow for monitoring of the lift, load, current and voltage. Combined, these features help decrease
wear and tear on the hoist by lowering torque spikes and reducing overload faults, while ensuring smooth acceleration and deceleration. Magnetek drives are backed by superior aftermarket support, available 24/7, 365 days per year. The Lodestar VS, excluding 3-step
models, comes equipped with the CM Rocket universal pendant, which features a unique, ergonomically designed rocker switch that reduces thumb strain and fatigue, while giving the operator ultimate load
control for micro-positioning applications. The Lodestar VS is available in capacities
ranging from 1/8 to 3 tons with a 10 ft. standard lift. To learn more about the CM Lodestar VS, or any of our powered hoists, call Columbus McKinnon Channel Services at 800-888-0985 or visit
www.cmworks.com. y
Pure Lifting Acquires Lightweight Gantry Crane Manufacturer Reid Lifting
> Chepstow, Wales-based Reid Lifting, a manufacturer of lightweight gantry and davit cranes, has been purchased by Pure Lifting, a holding company formed to create a global portfolio of innovative, portable equipment businesses. The value of the transaction, effective 5 March 2019, is not disclosed. The landmark acquisition includes
all staff and assets but not the company’s buildings and land, located on the Newhouse Farm Industrial Estate, which will remain in the ownership of Nick Battersby, former owner of Reid and outgoing managing
director. The sale of the business will allow Nick and Elisabeta Battersby to transition into retirement, although the former will remain with the company as a director for the foreseeable future. Simon Luke, whose curriculum vitae includes many years of experience in ownership and leadership roles, principally in the fall protection sector, has taken up position as incoming managing director with immediate effect. Luke, one of a number of investors within
the recently-formed Pure Lifting, said: “Nick and his team have done a tremendous job of positioning Reid as a standout manufacturer in the portable lifting equipment marketplace; we look forward to building on its success in addition to realizing expansion and global growth potential. Continued innovation and an elevated profile of the many core strengths of the product range will be hallmarks of our ownership.” Battersby said: “Elisabeta and I have
been planning an exit strategy for the past 18 months. We have repelled purchasing interest in the past but the eventual sale represents conclusion of a carefully managed
STRONG. SAFE. SIMPLE. SKIDDING RIGGING HYDRAULICS
DESIGNERS & MANUFACTURERS OF: HEAVY TRACK SKIDDING SYSTEMS LOW PROFILE SKIDDING SYSTEMS SYNCHRONOUS POWER UNITS HYDRAULIC TURNTABLES
EKKI JACKING TIMBERS ALIGNMENT SHOES CLIMBING JACKS
Move Heavy Loads Safely and Simply
www.hydra-slide.com
WIRE ROPE EXCHANGE MARCH–APRIL 2019 9
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