Jun 9, 2010

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Gleistein Ropes founds updraft GmbH together with PP Energy ApS

New company delivers advanced lifting technologies, concentrating on the fast-growing wind energy market

Gleistein Ropes announces the founding of updraft GmbH. Established together with renowned wind industry product innovator, PP Energy ApS of Nordborg, Denmark, each company will hold a 50% stake in the new subsidiary. updraft will provide advanced lifting technologies for industry - particularly for the fast-growing wind turbine market, with a main focus on the design, manufacture, distribution and maintenance of high-speed hoists along with lifting slings. The joint managing directors of updraft GmbH, which is based in Bremen, Germany, are: Paul Teichert, Klaus Walther and Thomas Schlaetzer.

View the entire press release here.