MIAMISBURG, Ohio--(BUSINESS WIRE)--We are pleased to announce that on September 30, 2022, Crane 1 Services Inc. has purchased the assets of Magnetic Lifting Technologies US (“MLTUS” or “the Company), ...

Industrial lifting magnets are critical to material handling in scrap processing facilities, and they sometimes are misunderstood. It is imperative that operators understand that the lifting magnet’s ...

When magnets are mentioned in the context of scrap recycling, the first image that usually comes to mind is a large lifting magnet attached to a crane, moving heavy piles of ferrous scrap. Over the ...

Crane 1, a portfolio company of Newport Beach-based L Squared Capital Partners, has purchased the assets of Magnetic Lifting Technologies US of New Castle, Pa.. Financial terms were not released.

The lifting electromagnet article I posted years ago (https://www.codrey.com/electronic-circuits/lifting-electromagnet-diy/) has been more popular that it should have ...

The use of radio-controlled cranes shows promise for enhancing lifting safety. Tony Young, director at supply, installation, and repair specialist CP Automation, lays ...