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.