Strongco Corporation
TSX : SQP

Strongco Corporation

July 25, 2011 14:43 ET

Strongco Adds Jekko Minicranes to Product Offerings

MISSISSAUGA, ONTARIO--(Marketwire - July 25, 2011) - Strongco Corporation (TSX:SQP) announced today it has entered into an agreement with Ormet SpA of Italy to be the exclusive dealer for Ormet Jekko minicrane products for Canada.

Jekko minicranes are compact crawler cranes equipped with outriggers that provide lifting and material handling capabilities for confined working areas. These versatile machines have lifting capacities ranging from 1.2 to 4.0 tonnes. Applications include mechanical contracting, glass handling and installation, steel erection, HVAC and landscaping. Strongco will market and support the products through its extensive Canadian branch network.

"The addition of Jekko products is consistent with Strongco's growth strategy of adding branded complementary products to our portfolio," said Bob Dryburgh, President and Chief Executive Officer. "Jekko minicranes are an excellent complement to our existing line of small, versatile cranes. In addition to broadening the choices we offer to our customers, this initiative enables Strongco to access new end use markets."

About Strongco

Strongco Corporation is one of Canada's largest multiline mobile equipment dealers and also operates in the northeastern U.S. through Chadwick-BaRoss, Inc. Strongco sells, rents and services equipment used in sectors such as construction, infrastructure, mining, oil and gas, utilities, municipalities, waste management and forestry. Strongco has approximately 600 employees servicing customers from 24 branches in Canada and five in the U.S. Strongco represents leading equipment manufacturers with globally recognized brands, including Volvo Construction Equipment, Case Construction, Manitowoc Crane, Terex Cedarapids, Ponsse, Powerscreen, Skyjack, Fassi, Allied, Taylor, ESCO, Dressta, Sennebogen, Takeuchi, Link-Belt and Kawasaki. Strongco is listed on the Toronto Stock Exchange under the symbol SQP.

About ORMET

ORMET SpA, based in Italy, manufactures, sells and services industrial equipment to a number of international markets. The Company's products include small cranes, manlifts, truck cranes, loaders and cement mixers. The Jekko division, created in 2001, manufactures, sells and services small self-propelled minicranes and manlifts for use in confined spaces.

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