Current Issue
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Cover Story
Lifts for the World
When I first walked into Riwal's headquarters in Dordrecht, Netherlands, I was told CEO Dick Schalekamp was in a meeting. I'll be glad to wait, I said....
Feature
Reach For The Cure
When Bud PeCoy of Mid Country Machinery, a construction equipment dealer and rental company headquartered in Fort Dodge, Iowa, decided he wanted to raise awareness about breast cancer, he did it...
Industry News
Aggreko Acquires Canada’s Power Plus Rentals & Sales
Aggreko, global leader in temporary power, temperature control and oil-free compressed air, last week strengthened its Canadian operations by acquiring all the assets of Power Plus Rentals & Sales, based in Leduc, Alberta. Power Plus is a rental power specialist that provides services to businesses in the Athabasca Oil Sands in Alberta and Saskatchewan, where more than CN $10 billion per year is being invested in the development of the world’s second-largest oil reserve....
Mexico’s Maquirent Launches Franchise Program
Torreon, Mexico-based Maquirent, one of Mexico’s largest light equipment rental companies, has launched an effort to establish a franchise program. To establish a Maquirent franchise, a franchisee would require an initial investment of about $2.3 million Mexican pesos (about U.S. $230,000), including an initial payment of between MP 280,000 and MP 350,000....
Austin Ventures Buys Delta Rigging & Tools
Austin Ventures, an Austin, Texas-based private equity firm, has acquired Delta Rigging & Tools. Delta, based in Lake Jackson, Texas, is North America’s largest one-stop provider of lifting products and services in the lifting equipment and rigging industry. Delta has a national footprint of customers and end markets, but is particularly strong throughout the Gulf Coast of Texas and Louisiana....
Guy Rents Sells Party Division
Chico, Calif.-based Guy Rents last week sold its party rental division Guy Rents Events to Redding Tents & Events. Merger and acquisitions firm Hageman, Stansberry & Associates represented Guy Rents in the transaction....
Finning Acquires Fort Saskatchewan Rentals
Finning recently acquired the assets of Fort Saskatchewan Rentals, based in Fort Saskatchewan, Alberta, with a branch in Redwater, Alberta. The two towns are both a short distance north of Edmonton, headquarters of Finning’s Cat Rental Store network....
Second-Quarter Earnings a Mixed Bag for Rental Companies
RSC Holdings announced second-quarter rental revenue of $405 million, a 5.3-percent increase from $385 million in rental volume during the second quarter of 2007....
WesternOne Acquires Edmonton Company
WesternOne Equity Income Fund, which has acquired nearly a half dozen rental companies in Western Canada, last week said it signed a letter of intent to buy the assets of an equipment rental and propane distribution business based in Edmonton, Alberta. WesternOne said it would announce other details including the name of the company once a formal acquisition agreement is completed....
RSC Equipment Rental Appoints Senior Vice President, Strategic Development
RSC Equipment Rental, the operating entity for RSC Holdings, last week announced that Kevin Drumm, an experienced investment banker with considerable industrial experience gained during 13 years in investment banking, finance and corporate law, has joined the firm as senior vice president - strategic development, a newly created position....
HERC Celebrates Re-opening of Lubbock, Texas, Branch
Hertz Equipment Rental Corp. celebrated the grand opening of its 5-acre Lubbock, Texas, general rental facility on July 18. The event, which drew more than 600 people, showcased the facility’s showroom and product line, which includes small tools, equipment and contractors’ supplies....
McAllister Equipment Co. Acquires Two Illinois Volvo CE Branches
Asheville, N.C.-based Volvo Construction Equipment North America last week said it completed negotiations for the acquisition of Volvo Construction Equipment & Services branches located in Villa Park and Springfield, Ill., by its Illinois dealer, McAllister Equipment Co., Alsip, Ill....
From the Editor
The Captain Stays at the Wheel
Being interim CEO of United Rentals was probably not a particularly enviable position last November in the aftermath of the collapse of the company's acquisition by private equity firm Cerberus....
Columns
Megabytes
On its website, www.rentalresult.com, rentalresult offers standard schedules, on-line training and provides on-line guides and a full comprehensive library of tutorial movies free of charge...
What Else Is New?
The D37EX-22 and D37PX-22 crawler dozers from Komatsu are designed for work in general construction, site preparation, home building, forestry and utility applications....
Vermeer Celebrates 60 Years
Last month, RER took part in the 60th anniversary celebration of Vermeer Corp. in Pella, Iowa....
Layout Can Enhance or Discourage
Money magazine (August 2008) shows how Swedish furniture merchandiser IKEA leads people around to expose them to things they never intended to shop for....
Washington Air Compressor Finds Idle Restriction Solution
Truck idling costs the trucking industry more than $2.5 billion a year in fuel and engine repair, at a rate of 1 gallon of fuel per hour of idling, according to the National Conference of State Legislatures....
Rental Ready
Lower Ground Clearance Grants Compact Loaders More Stability
Yanmar's new V-Series compact wheel loaders are built around quiet and fuel-efficient Yanmar diesel engines. ...
Tough Cable Cleans Clogged Drains and Offers Easy Transport
The Easy Rooter from General Pipe Cleaners features a redesigned frame with a built-in brake that holds the machine securely on the job ...
Lift Attachment Straddles Obstacles in Fixed Venues
Genie Industries introduces the Super-Straddle accessory redesign that is an attachment allowing operators to mount a Genie AWP Super Series ...
Forestry Machine Focuses on Keeping Operators Clean and Comfortable
ASV unveils its PT-100 Forestry compact track loader, a special version of ASV's largest compact track loader that comes fully outfitted for environments...
Product Spotlight
Material Handlers
Case introduces the 586G Series 3 and the 588G Series 3 rough-terrain forklifts....
Lawn & Garden Equipment
TurfEx, a division of TrynEx International, introduces a line of commercial-duty spreader attachments....
Saws
Makita introduces its 15-piece combo kit powered by Lithium-Ion battery technology....
