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Property, Plant and Equipment (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Components of Property, Plant and Equipment

The components of property, plant, and equipment as of June 30, 2025 and December 31, 2024 are summarized as follows:

 

 

 

June 30,
2025

 

 

December 31,
2024

 

Land

 

$

15.6

 

 

$

14.3

 

Building and improvements

 

 

218.7

 

 

 

203.3

 

Machinery, equipment, and tooling

 

 

350.1

 

 

 

318.3

 

Furniture and fixtures

 

 

14.0

 

 

 

13.3

 

Computer hardware and software

 

 

133.6

 

 

 

129.6

 

Rental cranes

 

 

184.8

 

 

 

185.7

 

Construction in progress

 

 

10.1

 

 

 

6.9

 

Total cost

 

 

926.9

 

 

 

871.4

 

Less accumulated depreciation

 

 

(573.8

)

 

 

(525.2

)

Property, plant, and equipment — net

 

$

353.1

 

 

$

346.2