Manufacturers Predict Modest Growth in 2008
The construction equipment manufacturing industry expects overall U.S. and Canadian business to remain flat through the end of 2007 but to rebound in 2008, with sales to worldwide markets remaining strong through 2007 and into 2008, according to the annual forecast of the Association of Equipment Manufacturers....
Hirepool Continues New Zealand Expansion
Hirepool, New Zealand’s largest equipment rental company acquired East Bay Hire in Whakatane, N.Z. The deal will be finalized Nov. 1....
Vp Acquires First Engineering’s Rental Division
Harrowgate, England-based Vp, last week said its subsidiary Torrent Trackside has acquired Firs Engineering’s small plant division for about £1.2 million (about U.S. $2.5 million). The acquired business will be integrated within Torrent Trackside’s rail portable plant rental business supporting the United Kingdom’s major track maintenance, renewals and project contractors....
ConExpo Asia Attendance Expected to Triple
ConExpo Asia 2007, to be held in Guangzhou, China, Dec. 4-7, is tracking at triple the number of attendee registrations compared with two months before the 2006 show. Attendees already signed up come from 60 countries. Currently 57 percent of the registrants are from China, and 43 percent from outside the country....
Tanfield Group Announces $10 Million Investment in Snorkel
In an announcement last week to members of the media near its St. Joseph, Mo., headquarters, Snorkel International announced that it is investing $10 million to ramp up production as it moves into full-line manufacturing of its aerial work platforms. ...
Deere Dealer Nortrax Sells Regions to Doggett, Stribling
John Deere & Co. has sold its Nortrax construction dealerships in Louisiana, East Texas, Mississippi, western Tennessee and Arkansas, to two different buyers. ...
Advisory Firms Back United Rentals Takeover
United Rentals last week said that two proxy advisory firms, Institutional Shareholder Services and Glass Lewis, have recommended that shareholders back the takeover of the company by Cerberus Capital Management....
Equipro Opens San Antonio Branch
Equipro recently opened its latest franchise service location, in San Antonio. Equipro, a subsidiary of Wacker Corp., focuses on providing owners of light construction equipment with prompt, high-quality repair service, fast turnaround times and professional onsite support through a nationwide service alliance of original equipment manufacturing partners. ...
NES Opens Florida Branch; Driver Honored
NES Rental Holdings last week announced the opening of a branch in Panama City, Fla. The company is opening a branch in the north Florida city in response to significant growth and opportunity in the area because of the construction of a new international airport, ongoing vacation rental construction and additional industries and businesses being built. The branch will also serve Tallahassee, Fla., and Dothan, Ala....
NER Reports Scissorlift Control Box Thefts
National Equipment Register last week reported 15 incidents of theft of scissorlift control boxes in Southern California. Individuals have entered area rental facility yards both at night and during operating hours and removed scissorlift operator control boxes, which are hung from the railings on the machine’s lift platform....
Cramo Reaches Site Hut Outsourcing Agreement
Cramo, an international European rental chain based in Helsinki, Finland, has reached an agreement with The Hartela Group, one of the largest construction companies in Finland, to outsource building site huts. In the initial phase of the agreement, Cramo acquires Hartelas entire fleet of site huts, and then will take over the order for additional site huts that Hartela has already placed at Cramo Master, a site hut factory within the Cramo group....
Manitowoc Opens Plant in Portugal
Manitowoc celebrated the opening of its latest facility with an open house for hundreds of customers, dealers, senior company management and local government officials. The company’s newest manufacturing plant is located in Baltar, Portugal, and will operate in addition to the company’s existing plant in nearby Fanzeres for the manufacture of Potain tower cranes....
NES Sells Traffic Safety and Studio Rental Business
NES Rentals Holdings last week completed the sale of its traffic safety and studio equipment rental businesses to private equity investors Aperion Management LLC and Falcon Investment Advisors LLC. ...
Australia’s Coates Accepts Beefed-Up Bid From Carlyle and National Hire
Less than a month after Coates Hire rejected a beefed-up offer from U.S.-based private equity group The Carlyle Group and Australian rental outfit National Hire, Coates accepted a stronger offer to acquire all of its shares for AU $6.59 cash per share — $6.06 per share in cash and a 53-cents-per-share special dividend. ...
Click It! Safety Campaign Takes Off
The recently launched “Click It!” safety campaign that features stickers encouraging all users of boom-type platforms to wear a full-body harness with a short lanyard attached to a suitable anchor point has found acceptance with North American manufacturers and rental companies alike....
Mast Climbing Safety Discussed at BAC Conference
The International Union of Bricklayers and Allied Craft Workers (BAC) held its Annual Leadership Conference at Notre Dame University in South Bend, Ind., last month. Part of the conference includes workshop sessions for regional leaders to hear about new and exciting initiatives that could benefit their members. ...
ARA Sponsors Construction Challenge Team
The American Rental Association last week announced it is sponsoring a team in the Construction Challenge, a joint endeavor of the Association of Equipment Manufacturers and Destination ImagiNation. Members of the ARA Construction Challenge team will compete against nearly 60 other teams at the national level in March 2008 at ConExpo-Con/Agg in Las Vegas. ...
Spider Hires Sales Representative in Orlando
Spider, a division of SafeWorks, LLC recently hired Mark Litherland as district sales representative for the Orlando operation center....
Engineering News-Record Presents Annual Construction Business Forum
Engineering News-Record, an information source for construction industry professionals, will examine the industry’s priorities for the year ahead during the Construction Business Forum, “Your Business in 2008: Megatrends that Matter,” to be held Oct. 23-24, at the Capital Hilton in Washington, D.C. ...
Rental Industry Veteran Ed Detrich Dies
Charles “Ed” Detrich III, 59, of Taylorsville, Ky., died Sept. 26th, following a lengthy illness. ...
O’Brien Jr. Acquires William O’Brien Plant Hire
Cork, Ireland-based crane and plant hire company William O’Brien Plant Hire has been acquired by William O’Brien Jr. in a deal valuing the business at about £15 million (about U.S. $30.6 million)....
Hewden to Hold Equipment Auction
Hewden, the United Kingdom’s largest equipment rental provider will hold its second annual equipment auction of the year Oct. 13 in South Yorkshire. The auction includes cranes, access equipment, loaders, dump trucks and more....
Wacker, Neuson Kramer Sign Merger Agreement
Wacker Construction Equipment AG, Neuson Kramer Baumaschinen AG and the main shareholders of NKB Austria signed an agreement Sept. 23 to merge the two companies. The merger is expected to close in October, creating a major global manufacturer of light and compact equipment with more than 160 sales and service stations....
Investment Group Acquires Temp-Air
An investment group has acquired Rupp Industries after several months of negotiation with Rupp’s previous owners. As part of the ownership change, the company has changed its name to Temp-Air Inc., although it has long done business as Temp-Air....
New Jersey to Fund Part of United Local Remediation
The New Jersey Commerce Commission last week agreed to pay more than $7 million to help remediate brownfields in Fort Lee and Ridgefield Park, enabling United Rentals to expand its Ridgefield Park facility....
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