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Green Industry and Equipment Expo
Power-Gen International
Dec. 2-4
Orlando, FL
www.power-gen.com
World of Concrete
Feb. 3-6, 2009
Las Vegas Convention Center
Las Vegas, NV
www.worldofconcrete.com
The Rental Show
March 2-5, 2009
Georgia World Congress Center
Atlanta, GA
www.therentalshow.com
RER Reports
Headline News
United Rentals Names New CFO
United Rentals last week named William Plummer as chief financial officer, replacing Martin Welch, effective Dec. 1. Welch, who will be leaving the job after a three-year tenure to pursue other opportunities, has agreed to stay on for a transition period and help close the company’s books for 2008....
RSC Hires New VP of Human Resources
RSC Equipment Rental last week named Robert Fox II, a human resources executive with considerable experience in leadership development and succession planning, senior vice president – human resources....
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International News
Loxam Hooks Up With Zilok.com
Loxam, Europe’s largest rental company has partnered with Zilok.com, an online rental marketplace, to bolster its online presence and grow its customer base....
Diversity Helps U.K.’s Vp Post Solid First Half
British rental company Vp plc last week said revenue grew 7 percent for the first six months of its fiscal year ended Sept. 30. According to Vp’s interim results, revenue was £81.6 million, compared with £76 million for the same period last year. Operating margins increased to 17.1 percent, compared to 15.9 percent for last year’s first half....
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Wall Street Beat
Deere Reports 4Q08 Earnings of $345 Million and Record $2.05 Billion for Full Year
Deere & Co. last week announced worldwide net income of $345.0 million, or $0.81 per share, for the fourth quarter ended Oct. 31, compared with $422.1 million, or $0.94 per share, for the same period last year. For the full year, net income was a record $2.1 billion, or $4.70 per share, compared with $1.8 billion, or $4.00 per share, last year....
Texada Software Reports Q308 Revenues of $1.2 Million
Texada Software, a provider of equipment rental and mobile asset management software, last week announced its unaudited interim financial results for the third quarter ended Sept. 30, 2008. In the quarter, Texada generated total revenues of CAD $1.2 million, up slightly from $1.1 million in the third quarter of 2007. The company reported a loss of $111,832 in Q308 with an adjusted EBITDA loss of $33,146, an improvement from its loss of $647,505 and an adjusted EBITDA loss of $363,702 in the year-ago period....
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Supply Side
Corrected: Manitowoc Announces Plans to Quit Articulated Crane Production
Manitowoc, Wis.-based Manitowoc Co. recently announced plans to shutter production of its National Crane articulated brand boom truck line by the end of the year, citing the brand’s market positioning as the primary reason for the closing....
Liebherr and John Deere Update Crawler Relationship
Liebherr Construction Equipment Co. and John Deere last week jointly announced the signing of a long-term sourcing agreement for Deere-branded 950- and 1050-size crawler dozers, and the discontinuation of the existing product supply arrangement for crawler loader machines between Liebherr-Werk Telfs GMBH and John Deere's Construction & Forestry Division of Moline, Ill....
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RER & The Environment
Green Building Could Triple by 2013
The U.S. green building market is accelerating at a dramatic rate, according to McGraw-Hill Construction’s Green Outlook 2009: Trends Driving Change report, released last week at the Greenbuild International Conference and Expo in Boston. The value of green building construction starts was up five-fold from 2005 to 2008 (from $10 billion to $36-$49 billion), and could triple by 2013, reaching $96-$140 billion....
Bandit Recyclers Turn Grass Into Biomass in Poland
Bandit Beast recyclers are playing a part in the expanding international biomass fuel markets by reducing wood and grassy materials, the company said last week....
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Bricks & Clicks
Loxam Hooks Up With Zilok.com
Loxam, Europe’s largest rental company has partnered with Zilok.com, an online rental marketplace, to bolster its online presence and grow its customer base....
Lawson Software Introduces Package for Heavy Equipment Dealers
Lawson Software recently announced the availability of Lawson for Equipment Service Management & Rental, a package of flexible business applications designed to help equipment dealers improve customer service and profitability throughout the lifecycle of every piece of equipment they sell or rent....
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Drain Cleaning Equipment
General Pipe Cleaners
For over 75 years, GENERAL PIPE CLEANERS pioneered key developments in the drain cleaning industry - including heavy duty FlexicoreR cable, power-driven and automatic-feed machines, and video inspection systems.
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Buyers Guide
Buyers Guide
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Rental Rate Guide
Rental Rate Guide 2008
Want to know how much equipment is renting for these days? Find out in RER’s original 2008 Rental Equipment Rate Guide.
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