Ed’s Rentals Opens in Algonquin, Ill.
McHenry, Ill.-based Ed’s Rentals recently opened a branch in Algonquin, Ill, the company’s third location. The general rental company specializes in lawn and garden and earthmoving equipment, and party supplies. Ed’s Rentals also has a branch in Crystal Lake, Ill. ...
H&E Equipment to Reclassify Expense Item Incurred in 1Q06
H&E Equipment Services last week announced that it will restate its unaudited interim financial statements for the quarterly period ended March 31, 2006 to reflect the reclassification of a one-time...
Atlas Copco Acquires Swedish, Italian Companies
Stockholm, Sweden-based Atlas Copco AB last week acquired BEMT Tryckluft AB, Sweden, and its subsidiary companies in Lithuania and Latvia. The company has a turnover of approximately U.S. $6.9 million and 40 employees...
Australian Private Equity Firm Acquires New Zealand’s Hirepool
The private equity arm of Goldman Sachs JB Were last week abandoned plans for an initial public offering of New Zealand equipment rental leader Hirepool and sold the company to an Australian private equity firm for about U.S. $105 million...
H&E Hosts 250 at Memphis Grand Opening
H&E Equipment Services last month celebrated a grand opening of its new Memphis, Tenn., branch. More than 250 customers, manufacturers, employees and personnel from neighboring businesses attended the event...
Oilfield Services Specialist Stallion Files IPO Prospectus
Stallion Oilfield Services, a Houston-based company that provides equipment rental and other products and services to the oil and gas industries, last week announced plans to go public in an offering that could raise as much as $287 million...
British Lift Specialist Lavendon Acquires AMP
British hydraulic lift rental specialist Lavendon Group last month acquired powered access equipment company AMP Access Ltd. for an estimated U.S. $10 million...
S&P’s Affirms NES’ Ratings
Standard & Poor’s Ratings Services last week affirmed its ratings on NES Rentals Holdings, including its B+ corporate credit rating. All ratings were removed from CreditWatch with negative implications....
Atlas Copco Opens Customer Center in Bulgaria
Atlas Copco recently opened a customer center in Sofia, Bulgaria, employing about 20 people, the company said. ...
Husqvarna Acquires Assets of Dixon Industries in U.S.
Husqvarna last week announced it signed an agreement to acquire the assets of Dixon Industries, a subsidiary of Blount International, in the United States. Dixon manufactures zero-turn riding lawnmowers for both professional users and private consumers...
HERC To Open New Facility In Olympia, Wash.
Hertz Equipment Rental Corp. last week said it will celebrate the grand opening of its Olympia, Wash., general rental facility on Friday, July 14. ...
Emeco Files IPO Prospectus
Emeco Holdings, an international equipment rental company based in Perth, Australia, last week filed a prospectus with the Australian Securities and Investments Commission for an initial public offering to raise between $1 billion and $1.13 billion Australian...
Sunbelt Rentals’ 2006 Revenue Increases 23.8 Percent
Sunbelt Rentals’ parent company Ashtead Group plc last week announced record results for the year ended April 30, 2006, with Sunbelt’s revenue increasing by 23.8 percent to $818.7 million...
United Rentals Acquires Carter Rental
United Rentals last week announced the acquisition of Carter Rental, Valdosta, Ga. The general rental company has two branches in that city, with annual revenues of about $10 million. ...
Industrial Hoist Services Acquires Two Companies
Industrial Hoist Services, a leading provider of hoisting, rigging and winching equipment for rental, sale or service, last week announced the simultaneous acquisitions of two Louisiana-based industrial equipment companies...
Emeco Files IPO Prospectus
Emeco Holdings, an international equipment rental company based in Perth, Australia, last week filed a prospectus with the Australian Securities and Investments Commission for an initial public offering to raise between $1 billion and $1.13 billion Australian....
Sunbelt Rentals’ 2006 Revenue Increases 23.8 Percent
Sunbelt Rentals’ parent company Ashtead Group plc last week announced record results for the year ended April 30, 2006, with Sunbelt’s revenue increasing by 23.8 percent to $818.7 million. Sunbelt’s operating profit increased 62.7 percent to $175.5 million, up from $107.9 million in 2005...
United Rentals Acquires Carter Rental
United Rentals last week announced the acquisition of Carter Rental, Valdosta, Ga. The general rental company has two branches in that city, with annual revenues of about $10 million. ...
Industrial Hoist Services Acquires Two Companies
Industrial Hoist Services, a leading provider of hoisting, rigging and winching equipment for rental, sale or service, last week announced the simultaneous acquisitions of two Louisiana-based industrial equipment companies: B&H Air Tools LLC, Baton Rouge, La., and Port Rentals of New Iberia, La....
AmQuip and Elliott Crane Rental Form Tennessee Valley Alliance
AmQuip Crane, based in Bensalem, Pa., in the Philadelphia area and Elliott Crane Rental, Nashville, Tenn., have formed the Elliott/AmQuip Crane rental team in the Tennessee Valley. ...
Volvo to Invest in Production Facility Expansion
Volvo Construction Equipment last week announced it is investing more than $55 million into its manufacturing facilities in Sweden and the United States to increase articulated hauler, excavator and component production and reduce customer lead times...
NER to Hold Equipment Theft Summit
The National Equipment Register and FBI-LEEDA will hold a one-day regional summit July, 26 in Tacoma, Wash., to help law enforcement, equipment owners and insurers better combat heavy equipment theft....
Foley Hires Rental Sales, Machinery Reps
Foley Inc., the authorized Caterpillar dealer in North New Jersey, Staten Island and Bermuda, has hired Bill Vanscoy as rental services account manager and promoted Warren Gonzalez to the position of heavy construction account manager....
NES Rentals Shareholders Approve Sale
A majority of NES Rentals Holdings Inc. shareholders approved Friday the company’s acquisition by affiliates of private equity firm Diamond Castle Holdings LLC....
NES Adds Arizona Branch
NES Rentals last week opened a branch in Glendale, Ariz., near Phoenix. Spurred by construction of a new football stadium for the Arizona Cardinals, new projects are sprouting up throughout Glendale...
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