Liebherr Construction Equipment Co. Renews Its Long-Term Partnership With American State Equipment and Expands Territory

Sept. 15, 2014

Newport News, VA (USA), September 10, 2014 — Liebherr Construction Equipment renewed its forty year partnership with American State Equipment as they expand their sales territory.

The longest standing Liebherr Dealer in the United States, American State Equipment, has renewed its dealer agreement for the full line of Liebherr earthmoving and material handling equipment in the states of Wisconsin, Minnesota and the Upper Peninsula of Michigan and expanded territory to include the entire state of Illinois for its wholly owned subsidiary Finkbiner Equipment Company.

“We are very pleased to have reached an agreement renewing our long established partnership with Liebherr Construction Equipment “said Tim Kraut, President and Chief Operating Officer of American State Equipment Co. “We’re looking forward to our mutual success and the continued growth of the Liebherr brand in both our existing and new territories.”

American State Equipment is a family owned company operated by the third generation of the Kraut family. Established in Milwaukee in 1957, the dealership has served some of the largest cities in the Midwest for more than fifty years and has grown to be one of the most recognized equipment dealers in the region. American State Equipment operates five branches in the Midwest (Milwaukee, Wausau, Little Chute, Minneapolis/St Paul and Duluth) and owns Finkbiner Equipment Company, a subsidiary located in Chicago, IL.

“American State Equipment’s dedication has played an important role on our journey to reach and serve our customers in the Midwest region.” said, Peter Mayr, President of Liebherr Construction Equipment Co. “We look forward to continuing to grow our partnership in the years ahead,” he added.

About Liebherr

Established in 1949, the Liebherr Group is today a leading manufacturer of earthmoving equipment and a supplier of innovative user-oriented products and services in many other fields. The family-owned company employs more than 39,000 people in over 130 companies worldwide.

Liebherr’s product range covers earthmoving and material handling machinery, mining equipment, mobile cranes, construction cranes, mixing technology, domestic appliances, maritime cranes, aerospace and transportation systems, machine tools and automation systems as well as high-performance components for mechanical, hydraulic and electrical drive and control technology. Liebherr also operates hotels in Ireland, Austria and Germany.

The Group’s holding company is Liebherr-International AG in Bulle, Switzerland, which is entirely owned by members of the Liebherr family.