Sunstate Equipment Opens Three Branches
Phoenix-based Sunstate Equipment Co. recently opened three branches — McKinney, Texas, and Tucson and Buckeye, Ariz....
Acquired NES Traffic and Studio Equipment Rental Divisions Renamed
Private equity investors Aperion Management LLC and Falcon Investment Advisors LLC, which in October completed the acquisition of the NES Traffic Safety Division and the NES Rentals Studio Equipment group from NES Rentals Holdings, last week announced that the new traffic safety company has been named RoadSafe Traffic Systems, and the studio rental company is now FirstCall Studio Equipment. The companies operate as separate entities but under the same holding company, RoadSafe Holdings Inc....
IPAF Adopts New PAL Card Categories
The International Powered Access Federation training program last week announced it would adopt new mobile elevating work platforms (MEWP) categories beginning Jan. 1. The category change does not affect the training received, and existing PAL Cards (Powered Access Licences) remain valid as specified. Existing PAL Cardholders do not need to get their cards changed....
Tuff Equipment Rentals Hosts State Association and Grand Re-Opening
Slidell, La.-based Tuff Equipment Rentals recently held a grand re-opening party, several months after opening its new location. The company’s original facility was heavily damaged by Hurricane Katrina in 2005. The grand re-opening was held the day after Tuff hosted a meeting of the American Rental Association’s Louisiana chapter....
Norman Loui Left $3.4 Million to College
Norman Loui, co-founder of Hawaiian Rent-All, left Honolulu Community College $3.4 million when he died in 2006, the school announced last week....
JCB Breaks Ground for New North American Customer Support Center
Executives of JCB and local officials broke ground in Savannah, Ga., last week for the JCB Customer Support Center, a 200,000-square-foot service and support center for the company’s North American operations. The ground breaking is a symbol of JCB’s increased focus on customer support, which is also demonstrated by the appointment of the new vice president of customer support, Mike Werner. ...
ARA Foundation Plans Second Annual Auctions During The Rental Show
The American Rental Association last week announced it would again hold live and silent auctions at The Rental Show in Las Vegas to benefit the ARA Foundation. The auctions are scheduled for Feb. 13, at the Mandalay Bay Convention Center, with Ritchie Bros. Auctioneers sponsoring the live auction for the second straight year. ...
Illinois Volvo Dealer Builds Facility, to Add Volvo Rents
Rockford, Ill.-based McAllister Equipment Co., a Volvo dealer, is constructing a new facility that will more than quadruple its size and at least double its employment, according to BusinessRockford.com. The 18,000-square-foot dealership will open next April, replacing the old 4,000-square-foot dealership nearby. The new dealership will include a Volvo Rents outlet. ...
Spider Supplies Equipment for New York’s New Museum of Contemporary Art
Seattle-based Spider, a division of SafeWorks LLC, recently supplied suspended access equipment and rigging services for the installation of the unique façade on New York’s new Museum of Contemporary Art. ...
United Rentals Donates Equipment to "Extreme Makeover: Home Edition"
United Rentals and the crew of ABC's "Extreme Makeover: Home Edition" joined forces with hundreds of volunteers in November to build a new home for the Hughes family of Louisville, Ky....
U.K.’s Speedy Grows Revenue 36 Percent in Fiscal Half Year
Speedy Hire Plc, the Unitd Kingdom’s largest equipment rental outfit, last week reported a 35.7-percent year-over-year growth in revenue for the six-month period ended Sept. 30. The company recorded net profit of £13.6 million (about U.S. $28.2 million), compared to £$11.2 million for the first six months of the previous year. On an adjusted basis, net profit for the period jumped to £16.9 million, compared with £12.4 million a year ago....
Report Sees U.K. Strong Rental Growth Through 2011
Dublin, Ireland-based Research and Markets last week released its Plant Hire Market Report 2007 predicting “reasonably strong growth between 2007 and 2011.” The report estimated the U.K. market for plant, tool and access hire at an estimated £7.63 billion in 2006 (about U.S. $15.9 billion). ...
Australian Union Concerned Over Rental Workers’ Benefits
The Australian Manufacturing Workers Union has called for employees’ rights to be protected in a planned private equity takeover of Coates Hire, Australia’s largest equipment rental company. United States-based private equity firm The Carlyle Group and Australian rental company National Hire Group recently agreed to acquire Coates....
British Aerial Specialist AFI-Uplift Makes Acquisition
British rental company AFI-Uplift recently acquired Central Access Ltd., an aerial rental company based in Nottinghamshire. The deal comes weeks after Hull, England-based AFI-Uplift acquired North East Access Ltd....
Europlatform Announces September ’08 Conference
The second Europlatform conference will be held Sept. 16, 2008 in Maastricht, the Netherlands, the day before the APEX show (International Access Platform Exhibition & Conference.)...
AEM Plans ConExpo Russia for September ‘08
The Association of Equipment Manufacturers last week announced the formation of ConExpo Russia in response to manufacturers seeking improved opportunities to showcase products and technologies to the growing Russian marketplace. The inaugural show will be held September 15-18, 2008 in Moscow. ...
Volvo Invests in Energy Efficient and Environmentally Sound Forestry Machinery
Volvo Technology Transfer AB last week announced it is a new part owner in El-forest AB, based in Örnsköldsvik, Sweden, and it is investing in the development of energy efficient and environmentally sound forestry machinery. The investment is part of the Volvo Group’s goal to strengthen its role as a leading supplier to the forestry industry. ...
United Rentals Sues Cerberus to Force Acquisition
United Rentals Monday filed a lawsuit against Cerberus Capital Management’s RAM Holdings and RAM Acquisition Corp. to force the private equity group to go through with its agreed-upon acquisition of the Greenwich, Conn.-based rental company....
Investor Sues United Rentals Over Failed Transaction
An investor sued United Rentals Monday over the collapse of its leveraged buyout by affiliates of Cerberus Capital Management, alleging that company executives concealed risks about the deal’s financing before it fell apart....
Coble Trench Safety Opens Seventh Location
Coble Trench Safety, a Greensboro, N.C.-based company specializing in the rental and sales of trench safety equipment and traffic safety equipment, recently opened a branch in Charleston, S.C., which will service the Charleston, S.C., and northern Georgia areas....
Sunbelt Rentals Ranks No. 25 Among Military-Friendly Employers
Sunbelt Rentals was named one of the top 50 Most Military-Friendly Employers for the second consecutive year by G.I. Jobs magazine. The company is ranked No. 25 on the G.I. Jobs list....
AEM Names 2008 Officers, Directors
The Association of Equipment Manufacturers elected Glen Tellock, president and CEO of Manitowoc Co., Manitowoc, Wis., 2008 AEM chairman....
Palmer Johnson Power Systems Expands Service and Remanufacturing Capabilities
Palmer Johnson Power Systems, which has a 30-year history of off-highway transmission repair, a year ago opened a new state-of-the-art service and remanufacturing center at its headquarters near Madison, Wis. Since that time, the company has increased service sales by more than 50 percent. ...
Ameriquip Eagle Names Poston Equipment New Supplier
Ameriquip Eagle, manufacturer of the Ameriquip Trax, trailer-mounted and truck lifts, recently announced it has teamed up with Poston Equipment as a supplier in Texas, Louisiana, Oklahoma, Arkansas, Massachusetts and parts of New Mexico....
Cramo Grows Rental 25 Percent in First Nine Months; Acquires Swedish Aerial Companies
Finnish multi-national rental company Cramo’s consolidated sales increased by 23.4 percent from January through September, with a 26.4-percent jump for continuing operations, excluding the Dutch business operations Cramo divested in April. Organic growth was 23.9 percent. Volume was boosted by favorable market conditions, a higher rental equipment penetration rate, positive price development and successful equipment investments in the main market area. Total volume for the nine-month period was €352.7 million (about U.S. $523 million), up from €258.8 million last year....
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