SALINA — C&S Cos. has sold its crane and rigging business to a Tennessee firm with 25 locations around the country. C&S announced the sale of C&S Crane & Rigging, Inc. on Oct. 1. Barnhart Crane & Rigging of Memphis, Tenn. acquired the business. Financial terms weren’t disclosed. Salina–based C&S has 14 locations throughout the […]
SALINA — C&S Cos. has sold its crane and rigging business to a Tennessee firm with 25 locations around the country.
C&S announced the sale of C&S Crane & Rigging, Inc. on Oct. 1. Barnhart Crane & Rigging of Memphis, Tenn. acquired the business. Financial terms weren’t disclosed.
Salina–based C&S has 14 locations throughout the country and provides services including engineering, construction, planning, and architecture.
C&S Crane & Rigging has been serving industrial, commercial, and public-sector customers across upstate New York since 2008 with 15-ton to 200-ton cranes and rigging equipment. The business worked frequently in niches including precision equipment placement, heavy rigging, and transport, C&S Cos. President and CEO Ron Peckham says.
The sale, which closed Sept. 28, will let C&S focus on its core strengths in the construction market, including self-perform construction and construction management, according to the company. Those business areas mesh well with C&S’ design expertise, Peckham says.
The sale of the crane and rigging business follows the divestiture of a C&S software unit earlier this year. The product involved in the sale, known as Fiddlehead, allowed multiple computer workstations to be run from a single desktop unit and targeted markets including the education sector.
A Canadian firm, CDI, acquired Fiddlehead, Peckham says.
Barnhart hired all 22 C&S Crane & Rigging employees and will continue to operate the business from its existing location on Fly Road in the town of DeWitt, according to C&S.
All C&S services outside of those associated with the crane and rigging business are intact and the company continues to serve its customers in those areas, Peckham says. The firm has no current plans to divest any other business units, he adds.
C&S, headquartered in 75,000 square feet at 499 Col. Eileen Collins Blvd. in the town of Salina, has 450 employees.
Barnhart, founded in 1969, serves markets including power generation, petrochemical, and renewable energy, according to C&S.
Barnhart, according to a company news release, has one of the nation’s largest equipment inventories, including cranes up to 1,760 tons. It services include logistics, machinery moving, and plant relocations.
“This is an extremely positive move for both companies,” Barnhart CEO Alan Barnhart said in a news release. “The acquisition of the C&S Rigging Co. gives us greater access to a very important geography: upstate New York State. With this new branch, we will be able to better serve our customers in this area, particularly those in renewable and nuclear energy.”
Financial details of the acquisition were not disclosed.
Peckham says C&S leaders felt Barnhart was the right fit because its corporate culture aligned closely with C&S.
“That culture is community focused,” he says.
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