 The book written by Gerry Lute. |
The life and legacy of John L Grove
McCONNELLSBURG, PA, United StatesGerry Lute, a nephew of aerial work platform and crane pioneer John L Grove, has written a 219-page book that includes timelines for two companies Grove started.
Grove Manufacturing, founded in 1947, is a division of Manitowoc Crane Group, and JLG Industries Inc, founded in 1969, is a subsidiary of Oshkosh Truck Corp.
Lute, a mechanical engineer, spent most of his career at Grove and JLG working in new product development. While in college, he lived with the Grove family and worked for JLG.
TNT Logistics rebrands after acquisition
AMSTERDAM, NetherlandsTNT NV's former logistics division, TNT Logistics, has been renamed Ceva Logistics, after its sale to a private equity firm was completed.
Apollo Management LP, a private equity firm with offices in New York, Los Angeles and London, bought TNT Logistics for EUR1.48 billion (USD1.95 billion).
Ceva employs 38,000 people and operates more than 7.4 million square metres of warehouse space in 26 countries. It claims to be the second largest logistics company worldwide.