what else is new?
The MTX60 rammer from Multiquip is powered by a Honda GX 100 gas engine and offers up to 695 bpm. The rammer also features an anti-vibration handle system,...
Starting at the Top
I don't know how many aerial work platform-related accidents occurred in 2007, but however many was too many. Yes, accidents happen sometimes. But most...
Postcards from Las Vegas
Never Be Satisfied Not resting on its laurels, 63-year-old JCB launches spate of new products at ConExpo. One of the mottos of Mr. JCB, Joseph Cyril Bamford,...
Don't Miss THE TRAIN
Rental companies, equipment dealers, owners and users of all types of equipment must meet certain standards to assure the safe operation of that equipment....
The Delivery MAN
Every day, drivers deliver aerial work platforms to jobsites, and conversations such as the following are typical: Do you know how to run this? Sure do....
Natural SELECTION
The operation of a properly maintained aerial lift, used within the manufacturer's intended parameters, is a safe and efficient way to achieve tasks at...
TO WEAR OR Not to Wear?
To wear or not to wear a safety harness on scissorlifts if only it was that easy. It sounds like a simple enough question, but ask any two people their...
Semi-Pumped for '08
RER: What types of new technologies, enhancements and features are on the horizon for the next generations of pump models? Thompson: Considering our increased...
Private Equity Firm Reveals Part Ownership of United Rentals
SuttonBrook Capital Management LP last week revealed, in a filing with the Securities and Exchange Commission, that it owns about 5 million shares of United Rentals, a 5.83-percent stake, and may hold discussions with the rental company about a possible merger, reorganization or liquidation of the company. ...
Home Depot Sells HD Supply to Private Equity Groups
Home Depot, the world’s largest home-improvement retailer and North America’s fifth-largest equipment rental company last week agreed to sell its contractor supplies unit HD Supply to three buyout firms for $10.3 billion. ...
2006: Another Great Leap Forward
It was another leap forward for the RER 100, probably the peak of a boom period. Some companies think the peak has yet to come; others feel a softening...
Lightyear Capital to Acquire Neff Rentals
Lightyear Capital LLC, a private equity firm focused on financial services, announced Monday it has reached an agreement to acquire Miami-based Neff Corp. from Odyssey Investment Partners. Odyssey acquired Neff in June 2005 for $510 million, including debt. Terms of the transaction, scheduled to close in the second quarter, were not disclosed. The closing is subject to customary closing conditions and approvals....
The Age of Private Equity
Consultant and former rental company CEO Dan Kaplan talks about the impact of private equity, the sophistication of software and and why the advent of...
Picking Your Partner’s Pocket is Not the Answer
Always candid and not afraid to be outspoken, Terex CEO Ron DeFeo offers thoughts about the value of private equity investment, the future of Genie, relationships...
Private Equity Group Cancels Agreement to Acquire One Source
Oakmont Acquisition Corp. said it has terminated its previously announced agreement to acquire One Source Equipment Rental. Oakmont announced last summer an agreement to acquire One Source, a company that focuses on the industrial and general construction market and has locations in Dayton, Ohio; Lafayette, Ind.; and Decatur, Granite City and Morton, Ill....
Private Equity Group Acquires United Rentals’ Traffic Control Business
United Rentals recently announced it signed a definitive agreement to sell its traffic control business to HTS Acquisition Inc., an entity newly formed by affiliates of private equity investors Wynnchurch Capital Partners and Oak Hill Special Opportunities Fund, L.P....
Oshkosh Truck to Acquire JLG For $3.2 Billion
Specialty vehicle manufacturer Oshkosh Truck Corp. last week announced it has signed a definitive agreement to acquire JLG Industries, global leader in aerial work platforms and telehandlers. In a deal that surprised rental industry participants as much as the majority of JLG officials, Oshkosh will acquire all outstanding shares of JLG for $28 per share. The total price, including transaction costs and assumed debt, is $3.2 billion in cash on a fully diluted basis. ...
Equipment Is Not Like a Fine Wine
RER: The industry went through a few lean years and now is in a strong up-cycle. How long will this cycle last and how should rental companies manage...
Not Lost in Translation
Briggs & Stratton, a Milwaukee-based manufacturer of engines works hard to maintain a reputation for producing world-class products. With some products,...
