News & Analysis

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Attendance Strong and Buying Interest Brisk at Upbeat Rental Show

This week’s Rental Show at The Sands Expo and Convention Center in Las Vegas started off particularly strong on Monday with the best show-floor traffic since the mid-2000s. The number of rental businesses represented increased to 2,480 — the highest total since 2006, according to American Rental Association figures.

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Jun. 19, 2013

Article

Leppo Rents Begins Specialty Company to Focus on Oil and Gas Industry

Leppo Rents, a Bobcat dealer with six Ohio locations, recently opened a new rental company in Carrollton, Ohio, to focus on the oil and gas industry....More
Jun. 19, 2013

Article

Terex Lowers Full-Year Guidance Based on Market Softness

Terex Corp. announced it is lowering its full-year 2013 guidance and from the previous expectation of earnings between $2.40 and $2.70 per share to earnings per share in the range of $1.90 to $2.10 because of softness in its Construction, Material Handling and Port Solutions and Cranes businesses. Terex is also providing second quarter earnings-per-share guidance of $0.50 to $0.60 per share....More
Jun. 19, 2013

Article

Manitowoc Files Claim Against Sany for Theft of Intellectual Property

Manitowoc Cranes has filed a complaint requesting the U.S. International Trade Commission commence a Section 337 investigation into Chinese crane and equipment manufacturer Sany Heavy Industry and its subsidiary Sany America alleging that Sany unlawfully imported and sold crawler cranes and components that infringed on its patents, including its Variable Position Counterweight system, which Manitowoc originally launched on its Model 31000....More
Jun. 19, 2013

Article

Husqvarna Names Head of Americas Business Area

Husqvarna has named Alan Shaw executive vice president, head of business area Americas, effective Aug. 15. Shaw will also become a member of Husqvarna Group Management. Shaw has more than 25 years of global experience from consumer durables including barbecue grills and accessories, lawn-and-garden equipment and home appliances. Among his previous positions, he was president and CEO of U.S.-based consumer lawn-and-garden equipment manufacturer Murray Group....More
Jun. 19, 2013

Article

Sany America Expands Territory of Canadian Crane Dealer BIK Hydraulics

Sany America is expanding the territory of one of its Canadian crane dealers, Toronto-based BIK Hydraulics, which will now cover Manitoba, Saskatchewan and Alberta. BIK, which became Sany’s first Canadian crane dealership in early 2012, also covers Ontario, and the Atlantic and Maritime provinces....More
Jun. 19, 2013

Article

Speedy Hire Lights Up Music Festival with Hybrid Light Towers

Speedy Hire, the U.K.’s largest equipment rental company has purchased nearly 200 environmentally friendly VB9 LED hybrid light towers from Tower Light UK to illuminate the camping areas and access walkways of the famous Glastonbury music festival, the biggest music festival in the U.K., eventindustrynews reports....More
Jun. 19, 2013

Article

South African Rental Company Acquires Welding Equipment Supplier

South African power, welding and construction-related equipment rental and sales company Renttech South Africa has acquired welding equipment supplier Western Cape Welding Supplies, Engineering News has reported. The acquisition is part of Renttech’s effort to become the country’s preferred supplier of welding equipment according to Aletta Theron, managing director of SA Welding, a division of Renttech SA. Renttech SA will have a larger footprint throughout the coastal regions from Cape Town to Richards Bay....More
Jun. 14, 2013

Article

JCB Names Graeme Macdonald CEO Designate to Succeed Alan Blake

JCB named Graeme Macdonald CEO designate to succeed current CEO Alan Blake who will retire at the end of 2013, the company said. Blake joined JCB in 1989 and became CEO in 2010 after holding a number of senior positions in the company and leading the biggest production expansion in JCB’s history. Blake presided over the company’s return to sales and production growth against a backdrop of continued economic uncertainty around the world, the company said. Blake will remain as a senior advisor and board member of the company....More
Jun. 14, 2013

Article

Volvo Construction Equipment to Offer Tier 4i/Stage IIIb Conversion Kit

Volvo Construction Equipment will make available a Tier 4i/Stage IIIb conversion kit to facilitate its customers’ ability to resell machines outside of the United States and Europe. From the second quarter of 2014, Volvo CE customers will be able to have their Tier 4/Stage IIIb machines fitted with a special engine conversion kit, enabling them to sell machines in countries where low-sulfur diesel fuel isn’t available. The conversion kit protects Volvo engines against high sulfur levels....More
Jun. 14, 2013

Article

Terex Adds Full-Line Compact Equipment Distributor in Texas

Lubbock, Texas-based Wylie Implement & Spray Center now offers the full line of Terex compact construction equipment in its Amarillo, Lamesa, Lubbock, Munday, Plainview and Seminole, Texas, locations. Serving agricultural producers and construction professionals, Wylie Implement offers customers a complete range of machinery sales and rental equipment, as well as full service, parts and warranty capabilities....More