The sculpture has arrived almost 10 months after the Crosby Herald first revealed the South Sefton Partnership were planning to bring the figures to the mouth of the Mersey.
After months of consultation and planning the regeneration group's director, Rod Yeoman said seeing the iron men arrive was the realisation of a dream.
Another Place has previously been in Germany, Norway and Belgium.
Mr Yeoman said: "It's fantastic after all this hard work and it's great to see them go up.
"Based on what has happened in other European destination, our rough estimate is this could bring 600,000 extra visitors to Crosby beach and five to six million pounds to the local economy."