Construction News

Mon April 29 2024

Related Information

Crane hire firm invests for growth

28 Apr 23 Essex-based Emerson Crane Hire is in expansion mode after a 27% rise in sales last year.

Emerson's Liebherr LTM 1110-5.1
Emerson's Liebherr LTM 1110-5.1

In the year to 31st July 2022 Emerson Crane Hire generated sales of £12.19m (2021: £9.58m). Pre-tax profit grew to £967,000 (2021: £262,000).

Owner/director Liam Clancy wrote in the company's annual accounts : “The 27% improvement in sales has come from major contracts now up and fully running, following prior year investment into sales staff and very clear pricing strategy. There is an ongoing requirement for cranage with the level of construction infrastructure projects continuing at the current rates over the coming years.”

During the financial year the company invested £2.9m in four new mobile cranes and placed £3.4m of orders for a further three new cranes.

Spearheading the newcomers is a 450-tonne Liebherr LTM 1450-8.1 (pictured below) with seven-metre fly jib and carrying 24 tonnes of counterweight for UK operation. This fleet flagship will share the luffing jib from an earlier machine and comes equipped with Variobase, Varioballast and remote control technology.  Four other models, ranging from 60 to 110 tonnes capacity, are also currently on order.

Liam Clancy said: “The company will continue to invest and expand its fleet of cranes in the coming years to ensure that it is positioned for future contracts and customer requirements.”

Emerson's new flagship, the eight-axle LTM 1450-8.1
Emerson's new flagship, the eight-axle LTM 1450-8.1

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »