JLG Names New Dealers
McConnellsburg, Pa.-based JLG Industries last week appointed several new telehandler dealers across the United States. Ross Equipment Rentals, which has locations in Phoenix and Dewey, Ariz., is a new dealer for SkyTrak telehandlers that will provide sales and service coverage throughout central Arizona....
HERC To Open Renovated Facility in Gainesville, Va.
Hertz Equipment Rental Corp. will celebrate the grand re-opening of its Gainesville, Va., general rental facility on Thursday, Aug. 16. The event will take place at the store between 11 a.m. and 2 p.m. and will showcase the facility’s renovated showroom and newly expanded product line, which includes small tools, construction equipment and contractors’ supplies....
AEM’s Conference to Focus on Global Business and Leadership Strategies
With a theme of “Shaken Not Stirred – Finding the Perfect Mix”, the 2007 annual conference of the Associated Equipment Distributors will attempt to help attendees find the perfect mix of markets and strategies to achieve ongoing success despite the cyclical nature of the off-road equipment industry....
Doosan Acquires Bobcat for $4.9 Billion
Ingersoll Rand Co. last week agreed to sell its Bobcat, Utility Equipment and Attachments business units to Doosan Infracore for about $4.9 billion. The sale is subject to customary closing conditions and is targeted to close early in the fourth quarter....
Bobcat Enters Compact Utility Tractor Market With Daedong
In a move intended to expand its No. 1 market position in compact equipment, Bobcat Co. last week announced it has signed a long-term strategic agreement with Korean manufacturer Daedong Industrial Co. to produce a line of Bobcat-branded compact utility tractors....
United Rentals Second Quarter Income Jumps 14 Percent
United Rentals last week announced second quarter 2007 continuing operations diluted earnings per share of $.60, an increase of 11 percent compared with $0.54 for the second quarter 2006. Income from continuing operations increased 14 percent year over year to $67 million, up from $59 million in Q206. Total revenues of $966 million for the quarter jumped 5 percent from $919 million last year, while rental revenue increased 4.8 percent from $630 million in the second quarter of last year to $660 million in the same period this year....
CARB Passes Emission Control Regulations Affecting Construction Machines
The California Air Resources Board last week adopted a regulation aimed at reducing toxic and cancer-causing diesel emissions from the state’s estimated 180,000 off-road vehicles used in construction, mining, airport ground support and other industries....
Hertz Q2 Profit Rises
Hertz Global Holdings last week said its second-quarter profit rose because of a vacation-policy adjustment. Net income jumped to $83.7 million, 26 cents per share, compared to $17.8 million or 8 cents per share for the same period last year....
Aim High Buys Property
Aim High Equipment Rental, a rental company in Henderson, Colo., with a branch in Brighton, Colo., purchased a 14,000-square-foot property in Henderson, for $1.6 million, or about $114 per square foot, according to Internet reports. ...
SEC Seeks United Rentals Settlement
United Rentals said in a regulatory filing last week that the staff of the Securities and Exchange Commission will pursue settlement discussions with United Rentals over an ongoing accounting inquiry....
Volvo CE Dealer Completes Merger to Form Penn-Jersey Machinery
Volvo Construction Equipment North America has completed the merger of its New Jersey and eastern Pennsylvania dealer, Penn-Jersey Machinery, and two Volvo Construction Equipment & Services dealers in Pennsylvania and New Jersey. The combined dealerships will conduct business as Penn-Jersey Machinery....
Volvo Rents Opens Rental Center in Pensacola, Fla.
Volvo Construction Equipment Rents last week announced the opening of a Volvo Rents equipment rental franchise serving Pensacola, Fla. Cook Coastal Rentals, owned by Miles and Melissa Cook, will serve several counties, including Escambia, Santa Rosa, Okaloosa and Walton....
AEM Names Paylor and Pedtke New Directors
The Association of Equipment Manufacturers last week named two industry executives to the AEM board of directors. ...
North American Crawler Dozer Auction Data
The following figures examine crawler dozers at auction in North America for the period starting Sept. 1, 2006. Figure 1 identifies the 60- to 74-horsepower size class as the most popular, with the larger 260- to 359-horsepower units running a close second. Figure 2 looks at the average realized price by year of manufacture for the larger 260- to359-horsepower class....
Speedy Hire Acquires Irish Rental Company
The United Kingdom’s largest rental company Speedy Hire has acquired Waterford Hire Services Ltd., Speedy announced last week, for £6.5 million (about U.S. $13.2 million). Waterford, based in Waterford City, Ireland, also has a branch in South Kilkenny....
Harsco Announces Three Major International Rental Formwork Contracts
Worldwide industrial services company Harsco Corp. last week announced three new international contracts totaling more than $3 million for rental formwork and scaffolding engineering and equipment support to major construction projects in Dubai and Norway....
Now Accepting Entries: 2007 Innovative Product Award
RER is now accepting entries for the 2007 Innovative Product Award. This prestigious award showcases the most innovative product introduced between August 1, 2006 and July 31, 2007, and recognizes the talent and commitment of the people involved in every aspect of development, from concept through sales. ...
RSC’s Rental Revenues Grow 13 Percent in Q2
RSC Holdings last week announced second-quarter rental revenue growth of 13.1 percent, along with adjusted EBITDA margin increases of 46.6 percent, and a record utilization rate of 73.9 percent....
H&E Equipment Services Announces 2Q07 Earnings Conference Call
H&E Equipment Services last week announced that it will release its 2007 second-quarter financial results before the market on Thursday, Aug. 9. The same day, the company will also hold a conference call to discuss second-quarter results at 10 a.m. Eastern time. ...
United Rentals to Report Second Quarter Results Wednesday
United Rentals last week announced that the company will release its second-quarter 2007 results this week, August 1, after the markets close. No conference call has been scheduled because of the company’s recent announcement that it has signed a definitive merger agreement with affiliates of Cerberus Capital Management, L.P....
SAF-T Conference on Aerial Safety Hits Critical Points
Several hundred people attended the Safe Access, Fall Protection & Training in Long Beach, Calif., July 20, which stimulated discussion, debate and increased awareness of the importance of safety in aerial equipment. The conference was organized by Maximum Capacity Media, based in Fort Dodge, Iowa, publishers of Lift and Access magazine....
Volvo Rents Opens New Rental Center in Virginia
Volvo Construction Equipment Rents last week announced the opening of a second Volvo Rents equipment rental franchise by the Nelva Corp. in Virginia....
Oilfield Services Company Adds Tool Rental
Oilfield services specialist Boots & Coots International Well Control Inc., last week announced it is purchasing equipment and hiring personnel to support its entry into equipment rental related to pressure control services in the oilfield. Boots & Coots plans to focus on the flow-back rental market and other rental offerings that complement B&C’s hydraulic workover, snubbing and well-control services. ...
Battlefield Equipment Rentals Helps Make-A-Wish a Reality
Thanks to corporate sponsors including Caterpillar of Canada, Battlefield Equipment Rentals, the Canadian Nursery Landscape Design, Jennifer Hayman Designs, OGS Landscaping and Home Depot, Make-A-Wish Canada recently opened Hayden’s Magical Wish Garden — a wish granted for 7-year-old Hayden MacIntyre who was born with an illness called Spinal Muscular Atrophy, which confines him to a wheelchair and previously prevented him from playing outdoors....
HERC to Open Renovated Facilities In Washington and South Carolina
Hertz Equipment Rental Corp. will celebrate the grand re-opening of its Burlington, Wash., and Greer, S.C., general rental facilities on Friday, Aug. 3. Both events will take place at the stores between 11 a.m. and 2 p.m. and will showcase the facilities’ renovated showrooms and newly expanded product lines, which include small tools, construction equipment and contractors’ supplies....
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