In August 2020, the firm announced that they needed to “fix the lack of profitability” at the College Milton site and were looking to “protect (the company’s) long-term future.”

Managing director Derek Pierce negotiated the deal which will see 100 jobs created by the end of 2021.

J & D Pierce has purchased the 300,000 square foot plant along with 14 Acres of yard space. Recruitment will soon take place for both manufacturing and office staff.

Cranes have been built in the facility for over 60 years and J & D Pierce are “delighted” to continue production to supply and serve the large client base. The plant also provides greater opportunity for the expansion of their own road and rail manufacturing division with the facility becoming the headquarters of their STRUBEAM business which specialises in the manufacture of bridges and heavy plated fabrication.

Mr Pierce said: “We have purchased the building and land and secured a long-term sub-contract agreement with Konecranes.

“This is a great step forward for J & D Pierce and STRUBEAM and we hope to create a positive impact in the community in East Kilbride.”

The plant’s restructuring and refurbishment will commence from March 2021.