Contractors Hot Line December 27, 2024 | Page 25

Prinoth, a leader in crawler carriers and tracked vehicles, has officially opened an expanded production facility in Granby, Canada, following a $ 25 million investment. This significant expansion nearly doubles the facility ' s size and aims to meet the rising demand for Prinoth’ s high-quality products.

“ Our investment in the Granby plant reinforces our unwavering commitment to investing in the future— not only for our company, but for our employees and the region,” President of the Prinoth Group Klaus Tonhäuser said.“ The relentless efforts and dedication of our employees have been the driving force behind this achievement, and we are proud to further establish Granby as a key hub for custom project development and innovation in the crawler carrier market.”

The expanded facility is set to drive further innovation and improve service for customers worldwide, while fostering a culture of sustainability and continuous improvement.

Stellar Industries, an employee-owned manufacturer of high-quality service trucks, cranes and related equipment, has acquired Elliott Machine Works, Inc., a family-owned manufacturer based in Galion, Ohio.

This strategic acquisition will broaden Stellar’ s product offerings and enhance growth opportunities for distributors, customers and employee-owners.

Elliott Machine Works has been a reputable provider of mobile fuel and lube service equipment since 1948, specializing in fuel trucks, lube trucks, water trucks and other service equipment.

Dave Zrostlik, president of Stellar, emphasized

the importance of the acquisition and its impact on Stellar’ s offerings

“ By incorporating fuel trucks and lube trucks into our existing line of service trucks, we can now serve a broader mission, reach more customers and meet their needs even better by filling gaps in our offerings,” Zrostlik said.

“ We anticipate that our customers will start to throw more opportunities our way, and we’ re ready to deliver. In addition, this acquisition strengthens our commitment to rural communities, ensuring we are making the biggest impact to the places our employees call home.”

24 December 27, 2024 www. contractorshotline. com