Europe’s RKO Posts Large First Half of 2006
Finland-based multi-national rental company Rakentajain Konevuokraamo Oyj, which operates in Finland, Sweden, Norway, Denmark, the Netherlands, Estonia, Latvia, Lithuania, Poland, the Czech Republic and Russia last ...
Prospect’s Rental Holdings Acquires Delta Wire Rope
Delta Wire Rope is Louisiana’s leading provider of wire ropes and slings. It specializes in the sale, rental and servicing of equipment to customers in the oil, petrochemical, construction, marine, timber and transport industries. Its line includes wire rope and synthetic slings, rigging blocks, shackles, swivels, hooks and chain assemblies. Delta Wire Rope is an authorized distributor for Crosby ...
Ahern Rentals’ Rental Volume Jumps 31 Percent in Q2
Las Vegas-based Ahern Rentals posted a 25.6-percent revenue increase in the second quarter ended June 30, with total volume rising from $50.4 million in Q205 to $63.3 million for the same period in 2006, according to documents filed with the Securities and Exchange Commission recently...
Godwin Pumps Founder John Paz Dies
John Paz, founder of Godwin Pumps of America and president of Paz Brothers Construction, died last week at his Mickleton, N.J., home after a long illness. He was 76. Paz founded Paz Brothers Construction in 1956 with two brothers. Based in Bridgeport, N.J., the company specializes in heavy construction, performing site work including excavation, grading and earthmoving for new development and restoration. ...
H.I.G. Capital Recapitalizes Redfish Rentals
H.I.G. Capital, a leading Miami-based private equity firm last week announced the recapitalization of Houma, La.-based Redfish Rentals...
Red Top Rentals Expands to Cincinnati
Indianapolis, Ind.-based Red Top Rentals, recently opened a branch in Cincinnati, the company’s third location, vice president John Dowden II told RER. The company, which also has a branch in Louisville, Ky., specializes in large earthmoving equipment, with backhoes being the smallest items in its fleet. ...
AED/Qualcomm Executive Forum to Examine Lean Principles
The 2006 AED/Qualcomm Executive Forum, Sept. 7 and 8 in Chicago, will focus on the theme of “Lean Distribution,” examining if “lean” principles can work in a distribution environment...
Equipro Announces Service Alliance with Lincoln Electric
Germantown, Wis.-based Equipro, a subsidiary of Wacker, and a nationwide network of independently owned light construction equipment service centers, recently announced its strategic alliance with Lincoln Electric...
HERC to Open Renovated Facility in Nova Scotia
Hertz Equipment Rental Corp. last week said it will celebrate the grand re-opening of its Dartmouth, Nova Scotia, general rental facility on Friday, Aug. 25. The event will take place at the store between 11 a.m. and 2 p.m., and will showcase the...
SkyJack to Conduct Training at AWPT Conference
Skyjack will conduct aerial work platform training prior to the start of next month’s Aerial Platform Safety conference next month in Houston. The Guelph, Ontario-based manufacturer will conduct AWPT instructor and operator courses for scissorlifts and self-propelled boomlifts. ...
Mount San Antonio College Offers Equipment-Related Classes
Mount San Antonio College in Walnut, Calif., will offer classes related to equipment repair this fall. The classes, offered by Mark Pawlak, have attracted students from rental centers in the past. ...
Basic Names McKenna Manager of Recovery Projects
Basic Industries named Michael McKenna project manager and estimator for its New Orleans operations to manage recovery and rebuilding projects for facilities damaged by hurricanes....
Spider Awarded Jail Façade Maintenance Retrofit
Tukwila, Wash.-based Spider, a division of SafeWorks, was recently awarded the contract to provide permanent suspended access equipment on the San Diego County Jail. ...
Clare Instruments Offers Electrical Safety Booklet for Rental
Tampa, Fla.-based Clare Instruments, a division of The Seaward Group, a supplier of safety test instruments, recently announced the release of a complimentary electrical safety testing booklet for professionals in the rental equipment industry. ...
New Zealand’s Hirepool Continues Acquisition Strategy
New Zealand’s largest rental company, Hirepool, has made two acquisitions one month after itself being acquired by an Australian private equity firm. Managing director Tenby Powell last week announced that Hirepool has purchased Port-a-Loo, based in Christchurch, and Davies Hire, a 50-plus-year-old general rental company based in Aucklan...
Atlas Copco Names Erik Olsson CEO of Rental Service Corp.
Last week Stockholm, Sweden-based Atlas Copco appointed Erik Olsson president of its Rental Service business area and CEO of Rental Service Corp. Olsson was previously vice president operations for the Rental Service business area and chief operating officer of Rental Service Corp...
United Rentals Posts 12 Percent Increase in 2Q Revenue
United Rentals last week announced that total revenues for the second quarter 2006 increased 12 percent to $995 million. In its general rentals segment, which includes rental of construction, aerial, industrial and homeowner equipment as well as related services and activities...
H&E Equipment Services 2Q Revenue Increases 47 Percent
Baton Rouge, La.-based H&E Equipment Services last week announced that total second-quarter revenues increased $64.8 million to $202.5 million from $137.7 million in the second quarter of 2005...
Finning 2Q06 Revenue Climbs 2.2 Percent
Finning International last week reported 2006 second-quarter revenue of $1.3 billion Canadian, an increase of 2.2 percent over the second quarter of 2005. Second-quarter net income was $56.6 million or 63 cents per share, an increase of 21.2 percent in earnings per share compared with the second quarter of 2005...
Aggreko Implements Satmetrix to Manage Customer Experience
San Mateo, Calif.-based Satmetrix, an enterprise Customer Experience Management company and co-developer of the Net Promoter score, last week announced that Aggreko, a supplier of rental power, temperature control and compressed air systems, successfully implemented Satmetrix CEM Customer. ...
GE Antares Provides $250 Million Senior Credit Facility for H&E Equipment
GE Antares last week announced it is the administrative agent for an amended and restated $250 million senior secured revolving credit facility to support the refinancing of H&E Equipment Services. GE Capital Markets served as sole lead arranger for the credit facilities....
NationsRent Receives Requisite Consents Relating to its Outstanding Notes
Fort Lauderdale, Fla.-based NationsRent Companies last week announced that the requisite number of holders of each of its 9.5 percent senior secured notes due 2010 and its 9.5 percent senior notes due 2015 had, by 5 p.m...
Ritchie Bros. Announces Record Second Quarter Results and Dividend Increase
Vancouver, British Columbia-based Ritchie Bros. Auctioneers recently announced net earnings for the six months ended June 30, 2006 reached $37.7 million, or $1.08 per diluted weighted average share...
Private Equity Firm Acquires One Source Rentals
Oakmont Acquisition Corp. last week announced it has agreed to acquire the operating assets of One Source Equipment Rentals LLC. ...
JLG Names Craig Paylor Senior Vice President, Marketing
McConnellsburg, Pa.-based JLG Industries last week announced the promotion of Craig Paylor to senior vice president, marketing effective Aug. 1. Paylor will be responsible for all aspects of the company's marketing...
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