Verticon switches to Sunshine/Baoda hoists
14 October 2008
Verticon was previously sourcing its hoists from another Chinese manufacturer, GJJ, through an alliance with GJJ's US representative Lewis Equipment. However, Verticon announced in July that it had ended its equipment supply agreement with Lewis, giving no reason for the change in supplier.
Verticon is the largest tower crane operator in Australia, with over 100 cranes, but it also has a fleet of 60 construction hoists. The addition of 90 units represents a significant investment in the hoist market. The company reported revenues of A$50.1 million (€26 million) for the year to 30 June 2008.
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