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TIME World News (15th edition)

New owners for TIME, TIME is now on Facebook, Exhibitions calendar, VTX-240 for new vehicles, New 180° cage rotator and more!

New owners for TIME, TIME is now on Facebook, Exhibitions calendar, VTX-240 for new vehicles, New 180° cage rotator and more!

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FROM THE CEO<br />

<strong>TIME</strong> is still <strong>TIME</strong><br />

We are very excited about<br />

partnering with Sterling (the<br />

new owner of <strong>TIME</strong>), as this<br />

puts us in a good position to<br />

launch several new growth<br />

initiatives on the aerial<br />

access platform market in<br />

Europe in particular.<br />

The Sterling Group acquires <strong>TIME</strong><br />

All divisions of <strong>TIME</strong> are acquired by the American investment firm The Sterling<br />

Group from Houston, Texas.<br />

COMPANY NEWS<br />

I would like to stress the<br />

fact, that <strong>TIME</strong> remains <strong>TIME</strong><br />

and that we will stay true to<br />

our values and goals as a<br />

company.<br />

We will still design, produce,<br />

sell and service the best<br />

aerial access products on<br />

the market!<br />

Per C. Torp<br />

CEO, <strong>TIME</strong> International<br />

The Houston, Texas based<br />

private equity firm The<br />

Sterling Group (“Sterling”)<br />

has acquired all division<br />

of <strong>TIME</strong> from O’Flaherty<br />

Holdings Limited, Dublin.<br />

Strong partner<br />

“Sterling is the right<br />

partner for <strong>TIME</strong> as<br />

we continue to pursue<br />

the significant growth<br />

opportunities that exist<br />

for the company today,”<br />

says Charles Wiley of <strong>TIME</strong><br />

Manufacturing Company.<br />

“The <strong>TIME</strong> team is excited<br />

to partner with Sterling,<br />

and together we expect<br />

continued success in<br />

this next phase of our<br />

company’s history.”<br />

“The team at <strong>TIME</strong> has<br />

built the company into<br />

an industry leader that<br />

provides outstanding<br />

products and services<br />

to its customers, and we<br />

look forward to further<br />

supporting their future<br />

growth,” said Kent Wallace,<br />

a Partner at The Sterling<br />

Group.<br />

Prior to the acquisition,<br />

The O’Flaherty family owned<br />

<strong>TIME</strong> for more than 40 years.<br />

Management change for<br />

<strong>TIME</strong> Manufacturing Company<br />

COMPANY NEWS<br />

<strong>TIME</strong> Intl. is on Facebook<br />

<strong>TIME</strong> International is now on Facebook with the<br />

company profile “<strong>TIME</strong> Versalift International”.<br />

COMPANY NEWS<br />

(l - r) Charles Wiley and Jay Jeffrey Curt Howell<br />

2<br />

The acquisition from Sterling<br />

marks a new start with<br />

several management changes<br />

for <strong>TIME</strong> Manufacturing<br />

Company.<br />

New president<br />

Charles Wiley steps down<br />

after 26 years as President<br />

and 46 total years for <strong>TIME</strong><br />

and transitions into a new<br />

role as working member of<br />

the Board of Directors.<br />

Jay Jeffrey is the new<br />

President following 21 years<br />

as Executive Vice President.<br />

New CEO<br />

Finally, Curt Howell is now<br />

CEO of <strong>TIME</strong> Manufacturing<br />

Company. Curt Howell joins<br />

<strong>TIME</strong> from BigTex Trailers,<br />

and prior to his time at<br />

BigTex, he spent 30 years<br />

in the automotive and light<br />

industrial industries at a<br />

number of companies.<br />

<strong>TIME</strong> is expanding its social<br />

media presence with a new<br />

Facebook profile that will act<br />

as an addition to the existing<br />

LinkedIn profile. It is another<br />

channel for company news<br />

on product developments,<br />

deliveries and other<br />

company related news.<br />

<strong>TIME</strong> Versalift International<br />

You can find the profile by<br />

searching for “<strong>TIME</strong> Versalift<br />

International”, scanning the<br />

QR code or using @timeintl.

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