NAIC 333923

Overhead Traveling Crane, Hoist, and Monorail System Manufacturing

How the companies in this industry began, and the forces that shaped them.

20companies1865–1995founding years18still active2no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironment
1903
TechnologyThe Wright brothers achieve powered flight.
1908
TechnologyThe Ford Model T brings the automobile to the middle class.
1913
EconomyThe Federal Reserve is created.
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression begins.
1933
EconomyNew Deal reforms reshape banking and industry.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long postwar expansion begins.
1947
TechnologyThe transistor is invented at Bell Labs.
1956
EconomyThe Interstate Highway program remakes commerce.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1970
EnvironmentThe EPA is founded; environmental regulation expands.
1971
EconomyThe dollar leaves the gold standard; Nasdaq opens.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins with the Altair.
1979
EconomyA second oil crisis drives inflation higher.
1980
EnvironmentSuperfund law makes polluters pay for cleanup.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall 22% in a single day.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2001
EconomyThe September 11 attacks; a recession follows.
2004
TechnologySocial media and Web 2.0 begin to take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Crane Co.
Active · founded 1865
Crane Co.
Crane Co.
Active · founded 1865
Crane Co.
Dürkopp Adler AG
Defunct · founded 1867 · Germany
Dürkopp Adler AG makes industrial sewing machines, including specialized automated machines for specific applications…
Dürkopp Adler AG
Defunct · founded 1867 · Germany
Dürkopp Adler AG makes industrial sewing machines, including specialized automated machines for specific applications…
FLSmidth & Co. A/S
Active · founded 1882 · Denmark
1920s:The company launches production of ready-mixer concrete and fiber cement.
FLSmidth & Co. A/S
Active · founded 1882 · Denmark
1920s:The company launches production of ready-mixer concrete and fiber cement.
The Manitowoc Company, Inc.
Active · founded 1902
The Manitowoc Company, Inc.
The Manitowoc Company, Inc.
Active · founded 1902
The Manitowoc Company, Inc.
FKI Plc
Active · founded 1920 · United Kingdom
FKI Plc has evolved into one of the United Kingdom's major engineering groups.
FKI Plc
Active · founded 1920 · United Kingdom
FKI Plc has evolved into one of the United Kingdom's major engineering groups.
Columbus McKinnon Corporation
Active · founded 1929
With a history that spans more than a hundred years, Columbus McKinnon Corporation has made its reputation on the…
Columbus McKinnon Corporation
Active · founded 1929
With a history that spans more than a hundred years, Columbus McKinnon Corporation has made its reputation on the…
Liebherr-International AG
Active · founded 1949 · Switzerland
1950s:Liebherr starts making household refrigerators.
Liebherr-International AG
Active · founded 1949 · Switzerland
1950s:Liebherr starts making household refrigerators.
Dover Corporation
Active · founded 1955
Dover Corporation is a diversified industrial manufacturing holding company composed of about 50 subsidiaries with…
Dover Corporation
Active · founded 1955
Dover Corporation is a diversified industrial manufacturing holding company composed of about 50 subsidiaries with…
Dearborn Mid-West Conveyor Company
Active · founded 1995
1960s:Dearborn Fabricating focuses on building conveyor systems for the auto industry.
Dearborn Mid-West Conveyor Company
Active · founded 1995
1960s:Dearborn Fabricating focuses on building conveyor systems for the auto industry.
Pinguely-Haulotte SA
Active · founded 1995 · France
Fast-rising Pinguely-Haulotte SA has captured the top spots in the market for self-propelled aerial work platforms.
Pinguely-Haulotte SA
Active · founded 1995 · France
Fast-rising Pinguely-Haulotte SA has captured the top spots in the market for self-propelled aerial work platforms.
Build It Today

Starting a overhead traveling crane, hoist, and monorail system manufacturing company now

Each week we rebuild one of these stories for today's tools and capital.