Crimson buys LTI/ALF plant

[FWDbuff]

I bet Ferrara is still interested unless the LLC that now owns them ends up buying Seagrave instead.

Seagrave is owned by the F.W.D. Corporation and is not currently for sale.

[LeadOff]

Seagrave is owned by the F.W.D. Corporation and is not currently for sale.

Maybe not yet but the future doesn't look too bright for Seagrave right now. BTW, FWD no longer owns Seagrave (see below).

http://www.elbcap.com/

[tomwnh]

Seagrave is owned by the F.W.D. Corporation and is not currently for sale.

FWD Corporation, Incorporated by Brian Becker, James Hebe, Richard Kalin, FWD Corporation is located at 105 E 12th St Clintonville, WI 54929. FWD Corporation was incorporated in the State of FL and is currently not active.

Source: Public Record data - Department of State - Division of Corporations.

Randolph Lenz, Chair of FWD's parent company, Corsta Corp., became embroiled in a FDIC suit and in 2003 all assets of FWD: FWD Corporation, Seagrave, Baker Aerialscope and Almonte Fire Trucks were sold to an investment group headed by former American LaFrance executive James Hebe. Today, the Seagrave group is a flagship company of ELB Capital Management.

http://elbcap.com/

[LeadOff]

Check out the latest news from ALF concerning the establishment of corporate service centers.

http://evehiclenews.com/2010/10/07/a...rvice-centers/

For the Ephrata (old LTI complex) facility, you just have to remember one thing. If you take your Crimson aerial up there for work, go to the building on the left after you go through the front gate. For the ALF/LTI trucks, go to the service buidling on the right. Sort of funny, isn't it. I hear they are going to put up a fence right through the middle of the complex to split the Crimson and ALF buildings. Wonder how long this odd set-up will last. I guess it depends on how long ALF will hold on.