Trimble Acquires Load Systems International to Integrate Crane Safety and Accuracy
into Construction ProcessesAcquisition Combines Companies' Domain Expertise and Technology
Synergies Across Multiple Industries
SUNNYVALE, Calif., Aug. 21, 2014 — Trimble (NASDAQ: TRMB) announced today that it has acquired privately-held Load Systems International Inc. (LSI) a market-leading manufacturer of wireless and hardwired crane safety instrumentation, headquartered in Quebec City, Canada. The acquisition enhances Trimble's broad portfolio of technologies that improve the safety, quality, transparency and efficiency of construction and maintenance projects across a range of industries. Financial terms were not disclosed.
According to a recent study1, the global crane market is anticipated to exceed $45 billion in 2016, an increase of more than 25 percent over 2012. LSI supplies this growing market with load information management and crane collision avoidance technologies that deliver accurate, collaborative knowledge through advanced instrumentation, sensing and radio technologies. The company's hardware products address multiple applications, such as vertical buildings, ports and terminals, mining, and the onshore and offshore requirements of the oil/gas/chemical industry.
A 2010 report by the UK-based Health and Safety Laboratory2 identified scores of incidents worldwide in the previous 20 years involving the collapse or major structural failure of a tower crane—most often attributed to issues including erection, extension or dismantling of the crane, extreme weather conditions, or operator misuse.
LSI's technologies improve crane safety and accuracy by providing operators and construction teams with detailed knowledge to optimize usage conditions and processes. The company's products include load cells and pins, line-riding tensiometers, load moment indicator (LMI) systems with pressure transducers, rated-capacity indicators (RCI) and limiters, inclinometers, cable reels, wind speed sensors and displays, work-area definition software, and much more. LSI's Radio Transmitter Division also provides radio transmitters, wireless gateways and radio modems for general industrial applications.
"Crane safety is a major concern in any construction material handling project, with major impacts to safety, costs, liability, insurance and timely completion," said Bryn Fosburgh, vice president responsible for Trimble's Construction Technology Divisions. "Trimble's commitment to transform construction processes and facilitate more effective projects doesn't end at ground level. The combination of LSI's solutions with Trimble's geospatial, location, analytics, modeling and visualization tools provides opportunities to integrate crane safety more closely into construction project planning and execution."
"Cranes represent substantial investments in any construction or maintenance project, with significant risk for owners and renters," said David Smith, president and CEO of LSI. "Our focus has always been to deliver solutions that raise the technology bar and enhance site safety, while making it easier for customers to optimize the use and management of their cranes. We look forward to continuing that work at Trimble, while developing still more innovative products by leveraging Trimble's advanced technologies and global reach.
LSI was founded in 1998 by three individuals who had been working for a crane safety instrumentation manufacturer focusing on hardwired technology and saw the advantages that wireless technology could bring to the crane and lifting industry. In order to offer effective wireless solutions for all crane types, the company developed its radio technology in-house, versus buying an off the shelf radio solution. Today, LSI has 110 employees globally, with offices in Houston, Texas; Quebec City, Canada; Aberdeen, Scotland; Dubai, UAE; and Adelaide, Australia.
For more information, visit: www.loadsystems.com.
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location—including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978, Trimble is headquartered in Sunnyvale, Calif.
This press release contains forward-looking statements regarding the business operations and prospects of Trimble, including the impact of the Load Systems International acquisition on Trimble's ability to improve the safety, quality, transparency and efficiency of construction and maintenance projects across a range of industries. These forward-looking statements are subject to change, and actual results may materially differ due to certain risks and uncertainties. Factors that could cause or contribute to changes in such forward-looking statements include, but are not limited to (i) realizing the anticipated benefits of the acquisition, (ii) Trimble's ability to strengthen its portfolio serving its customers in construction through the acquisition, including its ability to quickly and effectively combine the products with its geospatial, location, analytics, modeling and visualization tools, and (iii) the risks and uncertainties associated with unexpected expenditures or assumed liabilities that may be incurred as a result of the acquisitions. More information about potential factors which could affect Trimble's business and financial results is set forth in reports filed with the SEC, including Trimble's quarterly reports on Form 10-Q and its annual report on Form 10-K. All forward-looking statements are based on information available to Trimble as of the date hereof, and Trimble assumes no obligation to update such statements.
1. 2012-2016 Global Crane Market Report, Technavio Insights.
2. "Tower Crane Incidents Worldwide," prepared by the Health and Safety Laboratory for the Health and Safety Executive, 2010.
Media Contact: LeaAnn McNabb of Trimble: 408-481-7808 / 408-481-7808
LSI-Robway is the new face of crane instrumentation
Load Systems International Inc. is proud to announce the purchase of the assets of Robway Crane Safety Systems Pty of Adelaide, South Australia. Robway has been a market-leading manufacturer of crane instrumentation since 1977, with its core markets in Australia and Asia. This acquisition increases LSI’s market share in the fast growing Australasia market place as well as provides LSI's global customers with a more diverse range of products to suit their needs. LSI assumed operations of Robway on October 5, 2012. The new entity operates under the name of LSI Robway Pty.
For more information please send an email to email@example.com.
LSI is ISO 9001:2008 Certified
Load Systems International’s engineering facility / manufacturing plant has been certified with the most current ISO 9001 certifications, ISO 9001:2008.
LSI has designed and manufactured their own radio chip technology since 2006, and with this certification, they are evolving their internal procedures to better serve current and future customers. Load Systems International is dedicated to upholding the procedures that not only meet ISO requirements but also reinforce the consistent quality and service that they strive to be globally known for.
For more information please send an email to firstname.lastname@example.org.
Load Systems UK is Open for Business
Canadian-based wireless crane instrumentation and technology company, “Load Systems International Inc,” has expanded its operations with the launch of the UK division, “Load Systems UK Ltd,” based in Aberdeen, Scotland. Managing Director, Kirk Anderson will provide leadership along with the senior management team of Millar Kennedy, Sales Director and Richard Legge, Technical Director. The Aberdeen operation will be responsible for the UK, Europe and Middle East market sectors, providing state-of-the-art wireless instrumentation and technology to the crane and lifting industry. This includes Safe Load Indicators, Load Cells, Load Links, Load Pin Shackles, Wind Speed Sensors, A2B Switches, Running Line Tensiometers and ATEX Zone 1 certified sensors.
CEO and President of Load systems International Inc, David H Smith, said, “We currently operate from locations around the world with facilities in Houston, Quebec City, Adelaide, Australia and Dubai. The Aberdeen operation is ideally situated and will play a major role in LSI’s growth plans. With Kirk, Millar and Richard on board we have an experienced, dynamic management team who will help establish LSI as the premiere provider of wireless lifting products and technology across the UK, Europe and the Middle East.”
Managing Director of Load Systems UK, Kirk Anderson, said, “It is exciting to be part of the LSI growth strategy and we are delighted to be part of the global team. Being the Oil Capital of Europe, Aberdeen is the ideal platform for our operation to provide a “one stop shop” solution for sales, hire, repairs and calibration services for the crane and lifting industries across UK, Europe and Middle East sectors. At Load Systems UK we have a wealth of experience and knowledge, when combined with the global network of resources at LSI we have the ability to provide the crane and lifting industry with a unique level of support, supplemented by a wide variety of market leading wireless instrumentation products and services worldwide.”
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LSI Introduces the LMI for Hydraulic Cranes
Load Systems International Inc. is pleased to introduce the new Load Moment Indicator (LMI) for hydraulic cranes. It features a pair of pressure transducers that read the rod and bore side pressures of the lift cylinders. Data from the transducers is transmitted wirelessly to the GS820 display.
The typical error rate seen by the system is 1% of maximum load capacity. Original Equipment Manufacturers will appreciate the ability to save the calibration data on the first machine to a USB thumb drive and load the calibration to subsequent machines via the onboard USB port. On the subsequent machines, the calibration will only require minor tweaking relative to the pressure variances of each machine, allowing for a simple and fast calibration.
The GS820 features a large sunlight readable graphical display, onboard data logger and the ability to upload load charts via the onboard USB port or download the data logger via USB thumb drive. The display shows the following data a glance: all crane geometry, working load limit, actual load, selected chart/counterweights, wind speed, alarms and system faults.
For more information on this or any of the LSI wireless crane monitoring products, please call 281-664-1330 or send an email to firstname.lastname@example.org.
LSI products enable crane operators to remotely monitor crane function, offering a safer alternative to the guesswork involved with cranes that do not have any way of monitoring crucial functions like load weight, A2B, boom angle, etc.
LSI has a series of displays that monitor load cells and weighing sensors, wind speed, boom angle, A2B and more. Also, LSI cable reels range in size from 32’ (10m) to 200’ (61m). LSI sensors transmit data to the displays via LSI transmitters, providing wireless communication and remote monitoring from a range of 4,000’ (1,300m) using Direct-Sequence-Spread-Spectrum Two-Way Communication.
From the success that LSI has had in the crane & lifting Industry, their products have migrated to a broader range of applications in the general industrial market place. In January 2010, LSI launched its Radio Transmitters Division to provide general industrial applications with their market proven radio technology.
The Radio Transmitters Division of LSI carries a line of transmitters and products that work with LSI crane instrumentation, but can also be applied to many other applications such as manufacturing, construction, distribution and more. The Radio Transmitters OEM Radio Module, Multi I/O Board and Radio Modem are the latest in radio technology, offering monitoring and remote control options not available anywhere in the market.
LSI invests heavily in research and development, which is reflected in their product features and capabilities. LSI aims to improve and optimize crane & lifting operations, and now many general industrial applications, with innovative radio technology. For more information and to contact a representative, please email email@example.com.
LSI is announcing the release of three new innovative products, the Wireless Slew Sensor and Work Area Definition Software, the Mini Cable Reel and the Stainless Steel Line Rider.
The Wireless Slew Sensor measures the angle of rotation of the crane upper structure to the crane lower superstructure with less hassle. Slew sensor data is transmitted to the cab mounted display for limit monitoring, load chart selection, work area definition and crane function lockout. Users can set a 3D limit for radius and tip height with the Work Area Definition Software.
The Mini Cable Reel is designed for proportional hydraulic crane booms (when you pull on telescoping lever, boom sections telescope equally) and booms with a maximum boom length of 32 feet (10 meters). The single conductor stainless steel cable can terminate at the end of the first telescoping section on a proportional boom, eliminating the need to run the cable all the way to the boom tip. This feature reduces cable breakage.
The Stainless Steel Wireless Tensiometer is a valuable load monitoring option when there is not a dead end to place a load cell. It is built from 304 Stainless Steel and provides users with flexible options including wireless rope speed, payout and direction.
These new wireless products, as well as the entire wireless product line from LSI, are designed to easily and efficiently monitor crane operations and improve operations in the crane and lifting industry.
LSI is pleased to announce that we have received our ATEX approval. This allows LSI wireless boom sensors to work in explosion proof, intrinsically safe areas for applications in Europe. Our display is rated for safe cab applications.
Approved sensor types include the following GS Series sensors: Load Cells, Angle Sensor, Wind Speed, Boom Angle, Anti-Two Block, Wireless Transmitters.
LSI has successfully marketed similar CSA approved products into offshore platform/rig applications in the US Gulf, Africa, the Persian Gulf, Egypt, India, Vietnam, China and Russia.
Our wireless products are renowned for their ease of installation, and as well for the ease of support. LSI offers 24 hour a day, 7 days a week technical support. For more information, visit www.loadsystems.com or call 281.664.1330
LSI received an order today from Crowland Crane, The UK distributor of the Zoomlion Crane product line. The Zoomlion crane product line includes both lattice boom and hydraulic crane offerings.
The order is for a GS555-02-012 Wireless Rated Capacity Indicator with Anti-Two-Block. The system components include the GS550 display with load chart programming, 1-GC012 Wireless Load Cell, 1-GS010 Wireless Boom Angle Sensor and 1-GS050 Wireless Anti-Two-Block Switch.
This will be installed on the first UK delivered Zoomlion 70 ton lattice boom crane. A core benefit that will be seen on the installation is the lack of need to use test weights. LSI load cells ship pre-calibrated and install at any dead end point on the hoist line. The complete system should be able to be installed in half of a day. For more information, visit www.loadsystems.com or call 281.664.1330
Today LSI announced that its standard product transmission range is now 4,000 feet or 1,300 meters up from a previous range of 3,200 feet or 1,000 meters. The advantage of this type of range is the ability to get the wireless signal through to the receiver when the line of sight is less than ideal. This ensures that LSI products will work in all market conditions.
There are several benefits that a customer will derive from the increased range. Radio signals bounce and skip off of objects and the landscape to get to their destination. The increased range will provide improved signal bounce eliminating line of sight issues often seen with taper tipped crane booms.
An additional benefit is the ability to remote monitor the sensors from an office location. We recently sold a system where an LSI wireless receiver card was installed into an office computer on the opposite side of the facility, allowing the maintenance office computer to display all crane sensor data. This would not have been possible without the increased range.
LSI will soon release a complete wireless rope payout system in conjunction with our wireless line rider/dynamometer system. This will provide for a complete wireless solution, completely eliminating the need for cables to carry the signal or power from the dynamometer or the rope payout sensors. This will reduce the calibration/installation timeline.
Today users of hardwired systems must potentially run hundreds of feet of cable from the rope payout sensor to the display This is labor intensive and increases long term support costs with cable breaks, etc.
LSI’s first quarter results for 2008 showed 40% growth over the same period last year. LSI attributes this growth in part to the success of its market leading GS series wireless technology. Additionally, increased market penetration in Europe and Asia are also contributing to the growth. For more information, visit www.loadsystems.com or call 281.664.1330