Patriot Mechanical Handling, Inc. (KSGT/KSGT.PK) Wrap Up:

As per the transaction announced on April 10, 2007, Patriot Mechanical Handling, Inc. was acquired by Kensington Industries, Inc. in a reverse merger transaction. Patriot Mechanical Handling, Inc. engages in design, manufacture, sale, and repair of mechanical handling equipment for oil and gas industry. The company offers iron roughnecks, pipe handling cranes, gantry pipe cranes, bop handling cranes, hydraulic crane, marine and drill ship deck cranes, and air powered, electric, and overhead chain hoists. It also distributes winches, lifting equipment, drillfloor equipment, subsea handling equipment, tubular pipe handling equipment, and other auxiliary equipment. In addition, the company offe...