There are places in Canada which feature a concentration of good equipment for use across industries. The contractor process or outsourcing has created niches which are growing all the time here, and these include sectors like Vancouver Island cranes. The sector is served by a number of firms which have concentrated on this kind of equipment.
There items are usually top of the line, but they might have gotten bargains when large construction firms liquidated their stock. These larger firms often go bankrupt on the loans they accumulate for all sorts of equipment they might need. They bank on the fact that the clients often hire them for the largest projects when they have all the necessary machines.
These machines though are among the more expensive kinds, usually requiring millions in budget. This kind of budget may not even pass through the liquid state and are paid directly to the distributors or manufacturers. Typically, a loan of this kind related to construction can also have other forms of materials collateral.
When the construction company is up in hock, or is not able to work with a liquid budget and pay things like worker compensation, they will usually begin liquidation by selling their stuff at bargain prices. The unluckier ones are not able to come up with enough to pay their debts and they go through receivership.
They cannot declare bankruptcy and may not even be covered by chapter 11 or 13 concerns. Most will need to close shop and some simply need to move their stock without having any profit from it. They may be leasing their stockyards or warehouses and could become mired in too many legalities that makes them loose most everything.
Cranes are among the most important machines in industries like mining, land clearing and construction. These are also used in rescue work and other public works. Clearing trees or trimming them also requires a special kind of unit called the cherry picker, one that has an individual nest that is set on top of the telescoping arm.
Cranes are distinctive in looks and are also the strongest of machines. These are often the types that have caterpillar tracks and a weighted based that counteracts any kind of weight that is picked up by the arm. This means so much stability, and some of the largest of machines here often carry or load up in tons of weight.
There are units that are set up on tops of buildings. This is a temporary placement that works well for modern high rises and related building projects. These are the true heavyweights, but will look light and airy when they are set up.
The dimensions are related to weight or loading concerns. The higher, longer the arm is, the stronger it needs to be and the more power needed to make it work. These units are one of a kind through even the largest sites, but when sites are truly large, several of these will be set up and working along with more mobile units.