American Crane Corporation
| Company type | Subsidiary of Terex |
|---|---|
| Industry | Construction Equipment Financial Services |
| Predecessor | American Hoist & Derrick |
| Founded | 1882 |
| Founder | Frank Johnson, Oliver Crosby |
| Headquarters | Wilmington, North Carolina, United States |
Area served | Worldwide |
Key people | Ronald M. DeFeo, Chairman and CEO |
| Products | Cranes |
| Parent | Terex |
American Crane Corporation is an American manufacturer of construction cranes based in Wilmington, North Carolina. It manufacturers lattice boom crawler cranes with capacities ranging from 50 to 275 tons. The American Crane Corporation was founded in 1882 as the Franklin Manufacturing Company, and in 1892 the name changed to American Hoist & Derrick. The company manufacturers terrain cranes, crawler cranes and tower cranes. In 1998 American Crane Corporation was acquired by Terex for $27 million. The purchase of American Crane Corporation brought Terex a manufacturer of lattice boom cranes.