HERC to Open Renovated Facility In Barrie, Ontario
Hertz Equipment Rental Corp. will celebrate the grand re-opening of its Barrie, Ontario, general rental facility on Friday, July 20. The event will take place at the store between 11 a.m. and 2 p.m. and will showcase the facility’s renovated 3,000-square-foot showroom and 1.3-acre lot, and newly expanded product line, which includes small tools, construction equipment and contractors’ supplies....
Thompson Pump Obtains ISO 9001:2000 Quality Certification
Thompson Pump & Manufacturing Co., a full-service manufacturer and provider of pumps, pumping equipment and engineering expertise, has achieved ISO 9001:2000 quality certification for its Port Orange, Fla., manufacturing facility. ...
Klochko Equipment Rental Opens Grand Rapids Branch
Klochko Equipment Rental, based in Melvindale, Mich., announced the opening of a branch in Grand Rapids....
JCB Announces State-of-the-art Facility at Tirupati, India
JCB India Ltd., a multi-product company, last week announced the opening of a state-of-the-art facility in Tirupati. The dealership facility is fully equipped with international standard servicing for JCB customers. It was inaugurated by Vipin Sondhi, managing director, JCB India Ltd. Also present were Sandeep Singh, vice-president amongst other dignitaries....
AWPT Sponsors ‘Click It!’ Safety Campaign
A new safety campaign to encourage all users of boom type platforms to wear a full body harness with a short lanyard attached to a suitable anchor point has been launched by Aerial Work Platform Training in North America. The “Click It!” campaign has received the approval of the Scaffold Industry Association and is similar to successful promotional campaigns encouraging people to wear their seatbelts when riding in a car....
Harsco Lands Massive Polish Scaffolding Contract
Worldwide industrial services company Harsco Corp. last week said its Huennebeck division obtained a contract to provide nearly 325,000 square feet of scaffolding over the next 18 months for the construction of the new Sea Towers office and apartment complex in the coastal city of Gdynia, which will become Poland’s tallest building outside of Warsaw....
Tat Hong Incorporates Macau Company
Singapore-based crane and equipment rental company Tat Hong has incorporated a new business on the Chinese island of Macau. The company, Tat Hong Heavy Equipment (Macau) is a wholly owned percent of Tat Hong Heavy Equipment (Hong King)....
Investment Banks Initiate RSC Coverage With Strong Reviews
Several investment banks initiated coverage of RSC Holdings Corp. last week with high ratings....
Maxim Amends Dutch Auction Tender Offer
Maxim Crane Works Holdings last week said it has amended the terms of its traditional “Dutch auction” tender offer initiated June 4, by increasing the bottom and top of the price range in the offer by $3. As amended, Maxim will buy up to 2.5 million shares of its common stock at between $48.75 and $54 per share. It has extended the expiration date to July 20....
SmartEquip Moves to Larger Quarters
SmartEquip Inc. last week announced it has moved into larger headquarters in Norwalk, Conn., and expanded its staff. Its new headquarters will accommodate the company’s expanded client services, customer services, sales, marketing and engineering teams. Meanwhile, the company continues to grow the size of its engineering and implementation workforce across multiple locations, including its offices in California, Florida, Europe and the Philippines....
JLG Names Lull, Skytrak Dealers
JLG last week named new Lull and SkyTrak telehandler dealers. The McConnellsburg, Pa.-based manufacturer appointed Masonry Equipment & Supply, based in North Salt Lake City, Utah, dealer for Lull telehandlers throughout eastern Idaho, western Wyoming and all of Utah....
Oil States Expands Tool Rental Operations
Oil States International last week announced the acquisition of the assets of Wire Line Services, a Midland, Texas-based business that primarily provides well testing and flowback services through its network of locations in Texas and New Mexico for $44 million. ...
Nonresidential Spending Helps Offset Residential Spending Slump
Construction put in place increased 0.9 percent in May to a seasonally adjusted annual rate of $1.18 trillion, the Census Bureau announced recently. For the January-May period, spending fell 3.9 percent from the same period in 2006. Private nonresidential spending increased 2.7 percent in May and 18 percent year-to-date, and public spending rose 2.1 and 11 percent respectively, helping to offshoot private residential spending, which dropped 0.8 percent in May and 19 percent year-to-date....
Multi-National Cramo Acquires Finnish Rental Company
Cramo Finland, a subsidiary of Helsinki, Finland-based Cramo PLC, recently signed an agreement to purchase the assets of Oskarin Vuokrakone, a three-location Finnish rental company that grossed about €0.8 million (about U.S. $1.09 million, according to current conversion rates.) in 2006....
New Zealand Cat Dealer to Launch Standalone Cat Rental Store Network
New Zealand heavy engineering specialist Gough, Gough and Hamer recently opened a Cat Rental Store in Christchurch, New Zealand, the first of what the company says will be a national chain of stand-alone rental stores. Gough, Gough and Hamer already operate 11 Cat Rental Store locations shared with Caterpillar dealerships, but the stand-alone business expands the company’s focus in New Zealand....
UpRight Parent Tanfield to Acquire Snorkel
UpRight Inc. parent company The Tanfield Group Plc, announced Thursday it has reached an agreement to acquire Snorkel Holdings, using proceeds from a planned placement of £115 million (about U.S. $230 million). Tanfield has agreed to acquire Snorkel for U.S. $100 million plus $25 million in assumed debt....
Ashtead and Sunbelt Deliver Strong Full-Year Performance
The Ashtead Group, parent company of Sunbelt Rentals, reported full fiscal year underlying operating profit of £150.5 million ($U.S. 302 million at current exchange rates). The operating profit is a 45 percent year-over-year increase at constant exchange rates....
Tool Rental Not Affected by Supply Sale, Home Depot Asserts
The Home Depot’s recently announced sale of its HD Supply division to three private equity firms will not impact its tool rental program, Jim Summers, director of tool rental, merchandising and operations, told RER....
RSC Rings New York Stock Exchange Opening Bell
RSC Equipment Rental CEO Erik Olsson rang the opening bell on the New York Stock Exchange last Tuesday. RSC said the ringing celebrated the company’s May 23 initial public offering in which it raised $458.3 million....
Thompson Pump Hosts Open House at Savannah, Ga., Branch
Thompson Pump and Manufacturing Co., a full-service manufacturer and provider of portable pumps, pumping equipment and engineering expertise, recently hosted an open house celebration at its Pooler, Ga., near Savannah....
JLG Names Southeast Connecticut Lull Dealer
JLG Industries last week appointed All Reach Equipment LLC as a dealer for Lull telehandlers. The Hamden, Conn.-based company will provide sales and service coverage throughout southeastern Connecticut....
Oilfield Services Firm Attributes Growth to Tool Rental
Superior Energy Services increased its oilfield service business 50 percent from $735.3 million in 2005 to $1.1 billion in 2006 primarily because of increased equipment rentals as well as diversification, according to Superior’s vice president of investor relations Greg Rosenstein....
Maxim Crane Elects New Chairman
The board of directors of Maxim Crane Works Holdings recently elected Jack McGovern chairman of the board, replacing Bill Redmond who served as chairman since February 2005. McGovern has been a director since January 2005, and served as chairman of the audit committee....
IPAF Signs Six New Members
The International Powered Access Federation, the parent organization of Aerial Work Platform Training, last week announced six new members: Admar Supply Co., Rochester, NY; Bil-Jax, Inc. Archbold, Ohio; Fraco Products, St. Mathias, Quebec; Midwest Aerials & Equipment, St. Louis; NES Rentals, Chicago; and Northeast Work Platform Training, Boston....
HERC To Open Renovated Facility In Provo, Utah
Park Ridge, N.J.- based Hertz Equipment Rental Corp. last week announced it will celebrate the grand re-opening of its Provo, Utah, general rental facility on Friday, July 13. The event will take place at the store between 11 a.m. and 2 p.m. and will showcase the facility’s renovated 1,000-square-foot showroom, 3-acre lot and newly expanded product line, which includes small tools, construction equipment and contractors’ supplies....
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