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February 1, 2010
Cover Story
Profile: Rentals in the Blood
Joel Theros looked around at his four branches with nice parking lots filled with shiny brand-new equipment, a top dealer for various brands, with bustling parts counters, shops filled with service work and an organization of more than 100 busy, productive people....
Features
RER Interviews Dan Kaplan
Veteran rental industry consultant Dan Kaplan has never been shy about being candid and doesn’t mince words when it comes to assessing the prospects for the rental industry in 2010. Sharing his thoughts with RER’s Michael Roth, Kaplan offers his views on rental fleet sizes, rental rate discipline, the international rental market and the dangers of flooding an overcrowded market with additional machines....
Uptick in Some Industries
Woody Weld's Acme Lift Co. is a unique business, specializing in re-rental of very large aerial work platforms that most rental companies do not stock...
Money to Lend
Harry Schneider, president of Allied Financial Solutions, Florence, Ky., has been involved in financing rental fleets for decades, but he has never seen...
Edge of the Cliff
It's that time of year again when I lick my finger and stick it in the air to see which way the wind is blowing and how it might affect the equipment...
Think Like a National, Act Like a Local
In talking recently with independent rental store owners around the country, all seem to agree that the last 12 to 24 months have been the most challenging...
The Rental Show
Rayco Rayco's RC814 is a compact, 8-inch-capacity chipper equipped with Versa-Feed automatic feed control and a 44-hp Kubota diesel engine that meets...
From the Editor
Industry Size, Metrics and Rental Passion
For quite a few years now we've been presenting to you, in our February issue, industry analyst Frank Manfredi's annual look at the size of the rental...
Rental Ready
Dig on Excavator's Attachment Versatility
Gradall Industries introduces the XL5300 III excavator the largest model in its family of on/off highway machines. The excavator's design, including front...
RentalResult Makes its Own Rules
Result Group introduces its new Rules Engine to address the common problem of renting complex products by non-expert staff, which can lead to slow and...
What Else Is New?
What Else Is New?
Absolute E-Z Up introduces its IAWP-9.6 aerial work platform in North America. It provides a zero inside turning radius and offers 397 pounds of unrestricted...
Megabytes
Terex Launches Expanded Web Portal for North American Construction Distributors
Terex Launches Expanded Web Portal for North American Construction Distributors...
Mustang Unveils New Public Website
Mustang Unveils New Public Website Mustang recently launched a new public website, www.mustangmfg.com. The site offers new features including detailed...
Product Spotlights
Trenchers Product Spotlight
Turf Teq The self-propelled Turf Teq 1305SP1 walk-behind trencher can trench up to 7 inches deep. Several blade options are offered, from -inch wide up...
Air Tools Product Spotlight
Kaeser Compressors The KPB series of ergonomic paving breakers from Kaeser Compressors are available in 50-, 60- and 90-pound models. These air tools...
Industry News
NES Launches AWPT Aerial Training Center in Chicago
NES Rentals, one of the largest aerial equipment rental companies in the U.S., announced it has become an AWPT Training Center in the Chicago market and will offer operator training based on the International Powered Access Federation training program. AWPT is the subsidiary of IPAF that administers North American training programs for aerial work platforms....
Ahern Rentals Adds to Credit Facility
Ahern Rentals has reached an agreement with lenders to amend its credit facility, providing it up to $350 million in revolving loans. The credit facility, which matures Aug. 21, 2011, adds a $95 million term loan facility to its existing revolving facility. Taking into account a $40 million availability block, Ahern Rentals can borrow up to an aggregate of $310 million....
Alta Equipment Expands Dealership Territory with Acquisitions
Alta Equipment Co., based in Wixon, Mich., has acquired Eaton Rapids, Mich.-based Mid-State Industrial Services and Aurora Lift, Montgomery, Ill., and was named Hyster dealer in western Michigan, parts of northern Indiana and the Chicago market....
Volvo Rents Opens Baton Rouge, Oklahoma City Branches
Volvo Rents’ successful Louisiana franchise has opened its fourth location in the state. Owners Paul and Penny Bullock opened a new facility in Baton Rouge. The Bullocks opened their first Volvo Rents franchise in West Monroe, La., in 2003, added Alexandria, La., in 2004 and Bossier City, La., in 2007....
Manitex Acquires Load King Trailers from Genie
Manitex International, a manufacturer of boom truck cranes, rough terrain forklifts and other equipment, last week acquired the assets and certain liabilities of Load King Trailers from Genie Industries, a subsidiary of Terex Corp. For Terex, it was the second divestment in two weeks, having sold its mining business in late December....
Handy Rents Moves into Elyria Rent-All Facility
Handy Rents recently acquired the party rental inventory of Elyria Rent-All, Elyria, Ohio, and moved into the Elyria Rent-All facility, where the Eastlake, Ohio-based company is renting tools and equipment as well as party gear, Handy Rents owner Mike Miller told RER. Handy now has seven stores in northern Ohio as well as an Aladdin Rents party rentals store....
Loxam Chooses Wynne Systems for Full-Scale Implementation
Rental software provider Wynne Systems last week said France-based Loxam, Europe’s largest rental company, will move forward with a full-scale implementation of Wynne’s RentalMan system in all of its locations, after a successful pilot of the system in Belgium....
Cowin Equipment Becomes Dealer for Doosan in Atlanta
Cowin Equipment Co., Birmingham, Ala., is the new dealer for the full line of Doosan Infracore Portable Power products in the Atlanta and central Georgia markets. Cowin is a dealer of heavy machinery, construction and utility equipment, and a major player in the rental market, primarily serving Alabama, Georgia, Northwest Florida and coastal Mississippi....
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