Cross Country Infrastructure Services Inc. Announces Sale of Pump & Integrity Rental Segment

AURORA, Colo., Dec. 09, 2022 (GLOBE NEWSWIRE) —

Cross Country Infrastructure Services Inc. (“CCIS”), a leading industrial supplier of construction equipment and consumables to infrastructure projects in North America, officially announced today the sale of its Pump & Integrity Rental segment (“Pump & Integrity”) to Griffin Dewatering (“Griffin”). Griffin has extensive experience in the construction industry with over 20 years of experience providing dewatering solutions to various projects.

What Does This Mean for CCIS?

The sale of the Pump & Integrity Rental segment is part of CCIS’s strategic plan to focus on its core business areas and streamline operations. By divesting this segment to Griffin, CCIS can now allocate resources more effectively and strengthen its position in the construction equipment market. This move allows CCIS to concentrate on providing high-quality equipment and services to its customers while enhancing overall business performance.

How Will This Impact Me?

As a customer of CCIS, you can expect to continue receiving top-notch service and a wide range of construction equipment options. With a renewed focus on core business areas, CCIS will be able to better meet your needs and ensure timely delivery of equipment to your construction projects. The sale of the Pump & Integrity Rental segment to Griffin will not disrupt your experience with CCIS but rather enhance it by improving operational efficiency.

What Does This Mean for the World?

The sale of the Pump & Integrity Rental segment by CCIS to Griffin signifies a strategic business decision that will have a ripple effect on the construction industry. Griffin’s expertise in dewatering solutions combined with CCIS’s reputation for quality equipment will result in enhanced service offerings for infrastructure projects across North America. This collaboration between two industry leaders will drive innovation and efficiency in the construction sector, ultimately benefiting the world by facilitating the completion of critical infrastructure projects.

Conclusion

The sale of CCIS’s Pump & Integrity Rental segment to Griffin represents a positive step towards optimizing business operations and enhancing customer experience. This strategic move will not only benefit CCIS and its customers but also contribute to the advancement of the construction industry as a whole. By focusing on core business areas and partnering with industry experts like Griffin, CCIS is poised for continued success and growth in the ever-evolving construction market.