This blog is the first in a multipart series that highlights how our company addresses environmental, social and governance factors in the operations of Versalift and other Time Manufacturing Company brands.
Domestic & International Growth Support Environmental, Social, and Governance Goals
Environmental, Social, and Governance (ESG) Risk Factors are becoming important buying decision criteria to infrastructure customers. Versalift manufactures bucket trucks, aerial devices, digger derricks, cable placers, high reach aerials, vehicle-mounted aerial lifts (VMALs), and other specialty equipment for these infrastructure customers. Versalift distributors support electric utilities, telecommunications companies, light & sign fleets, bridge inspection companies and forestry fleets. Working with investor- owned utility companies, rural electric cooperatives, municipalities, and government agencies, Versalift is committed to supporting the ESG factors that influence the supply chain decision-making of our customers in North America and across the globe.
Versalift Is A Time Manufacturing Company
With a new leadership team at the helm since 2017, Time Manufacturing Company has grown in size from 700 to more than 2,000 employees. This growth has been powered by both significant organic growth, and by several acquisitions in North America, Europe, and through a joint venture in China. This growth has resulted in significantly enhanced capability to manufacture and distribute products in a timely manner to customers all over the world. Significant manufacturing improvements have led to decreased lead time, improved first time quality, facilities revamps, and data driven process improvements that allow management to address parts delivery, supply chain management, decreased warranty claims, and vastly improved customer satisfaction. The most recent, and largest, the acquisition of Ruthmann, allows the company to significantly expand aerial lift offerings in complement to its current line up.
By adding the Ruthmann portfolio (Ruthmann, Steiger, EcoLine and BlueLift) to its existing set of premium brands (Versalift, BrandFX and Aspen Aerials), Time Manufacturing Company is well-positioned to more efficiently serve and meet the needs of a growing customer base.
Global Growth Strengthens Our Versalift Supply Chain
Across our organization, our global growth plan has resulted in a much stronger capability to design, manufacture, distribute and service aerial lifts and other infrastructure equipment, in a timely manner, to more customers in U.S. and global markets. By carefully addressing ESG Factors in our operations from the start, we believe that all of our brands will be recognized as a good partner, and as a leader in the environmental, social, and governance risk factors that help guarantee sustainability.
As Time Manufacturing Company continues to grow and demand for its product increases, the company has instituted a plan that will continue to support infrastructure growth and the companies both private and public that are responsible for it. Time Manufacturing Company products can be found in every US State, Canadian Province, and across Latin America, Europe and now Asia. Our commitment to supporting these companies filters into everything that we do.
Please find a formal White-paper on ESG Factors for our customers in the Electric Utility, Telecommunications, and Renewable Energy Industries.
#ESG #Environmental #Social #Governance #Sustainability
