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....
Briggs Equipment Opens New Division in Georgia
Briggs Equipment today announced the opening of a new Contractor Rental and Aerial Division in Conley, Ga. This operation will allow Briggs Equipment to serve the Greater Atlanta market with a complete product mix of scissorslifts, boomlifts, telehandlers, and other construction and aerial equipment, valued at more than $5 million....
McGrath RentCorp to Acquire Adler Tank Rentals
Livermore, Calif.-based McGrath RentCorp, a rental provider of modular buildings for classroom and office space, and electronic test equipment, last week announced that it has agreed to acquire privately held Adler Tank Rentals for approximately $90 million. The purchase price will consist of approximately $89 million in cash and 40,000 shares of McGrath RentCorp common stock, and is expected to close before the end of 2008....
Spider Hires Don Hatch as Industrial Sales Representative
Seattle-based Spider, a division of SafeWorks, LLC recently hired Don Hatch as industrial sales representative for its Midwest region....
RSC to Showcase Total Control at Power-Gen
RSC Equipment Rental will host a case study of its Total Control software to spotlight ICM Inc., a company that engineers, builds, and supports the global biofuels industry’s most efficient ethanol plants, and exhibit at Power-Gen International 2008 Dec. 2-4 in Orlando, Fla. Both events will showcase RSC’s people, services and equipment while highlighting innovative programs....
Canadian Crane Rental Company Pays Fine After Accident
A Saskatchewan crane rental company will have to pay fines of almost $25,000 as a result of an industrial accident in the summer of 2006 that injured two workers in Saskatoon, according to Canadian press reports....
Mid-Country Machinery Adds Pink Kobelco Excavator
Furthering its commitment to support the Susan G. Komen for the Cure Foundation, Fort Dodge, Iowa-based Mid-Country Machinery recently partnered with Kobelco to produce a SK210 Acera Mark 8 excavator for its rental fleet....
Aggreko Purchases Cummins Power Rental in India; Sells Oil Free Compressed Air Rental Business
Aggreko plc, a world leader in the supply of temporary power, temperature control and oil-free compressed air services, last week announced that it has signed agreements on two transactions. The first involves the purchase of the business and assets related to power rental of Cummins in India. The second involves the sale of Aggreko’s European oil-free compressed air rental business to Atlas Copco....
Industry Veteran Larry Pedersen Dies
Popular rental industry veteran Larry Pedersen, CEO of Campbell, Calif.-based A Tool Shed, died last week at the age of 67. Pedersen died of an apparent pulmonary embolism, six weeks after a successful colon cancer operation. ...
JLG Industries Breaks Ground on New Manufacturing Facility in China
JLG Industries, along with its parent company, Oshkosh Corp., broke ground last week for a new manufacturing facility in Tianjin, China. The announcement is another step in Oshkosh’s strategic business initiatives to meet the demands of a global economy and the growing demand for aerial work platforms in the Chinese and Asian markets. The new facility will produce JLG access equipment specifically for the Asian market. JLG currently has manufacturing operations in Pennsylvania, Ohio and North Dakota, U.S., and in Maasmechelen, Belgium; Tonneins, France; and Medias, Romania....
Neff Revenues Drop 12 Percent in Third Quarter
Neff Rental posted $61.4 million in rental revenue in the third quarter ended Sept. 30, a 12.4-percent decline compared with $70.1 million in last year’s third quarter. Total revenues declined at a similar rate, 12.3 percent, from $81.4 million in last year’s third quarter to $71.4 million this year....
Terex Launches Dedicated Compact Equipment Line in North America
Terex Construction last week introduced a dedicated compact equipment line, distributed throughout North America. The line includes both Terex-branded compact track loaders, featuring the ASV patented Posi-Track undercarriage technology, and a broad portfolio of offerings from Terex, including compact excavators, compact wheel loaders, site dumpers, tractor loader backhoes, light towers, telehandlers, power buggies and tandem asphalt rollers. The compact equipment line will focus exclusively on the needs of this key market segment....
Executive Summit Held on Aerial Platform Operator Training
Senior management from North American aerial work platform manufacturers and rental companies met November 11th to discuss AWP operator training. Although not sponsored by the International Powered Access Federation, IPAF convened the meeting and acted as secretary for the group....
A Tough Equipment Market Through 2009, OEMs Say
The construction equipment manufacturing industry expects continued business declines in the United States through year-end 2008 of 8.6 percent, followed by flat growth in 2009 of 0.4 percent, according to the annual “Outlook” survey of the Association of Equipment Manufacturers. However, sales to worldwide markets are expected to increase 8.5 percent by year-end 2008 and gain 5.4 percent in 2009....
RSC Names McDonald VP Managed Services
RSC Equipment Rental last week named Gordon McDonald vice president of managed services. In his new role, McDonald will be responsible for supporting the recent success of the proprietary Total Control equipment management software....
Trico Lift Honored With Safety Award
Trico Lift last week received the American Subcontractors Association of New Jersey’s 37th Annual Safety Award, given to companies that “help define excellence in safety and serve as a role model for member companies.”...
Scott Van Keppel Takes on Champion Motor Graders
Scott Van Keppel LLC has signed on as authorized Champion dealer for Iowa and Nebraska, Champion Motor Grades vice president of sales and marketing Woody Ferrell said last week....
Pirtek to Expand Mobile Hose Van Service
Pirtek, a service provider of 24-hour, on-site hose and assembly replacement serving the construction, manufacturing, transportation, agricultural, and engineering industries, announced an aggressive plan to open nearly 100 locations in existing markets during the next 10 years. Gwyn O’Kane, Pirtek USA’s vice president of franchise development, said franchisees are increasing sales, attracting new clients and adding mobile service units....
StarTrak Systems Acquires MicroLogic
Alanco Technologies last week announced that its StarTrak Systems subsidiary, a provider of transport refrigeration tracking, monitoring, and control systems, has entered the emerging market for wireless tracking and monitoring services to the construction equipment industry through the acquisition of the assets of MicroLogic Inc., located in Lowell, Mass....
RSC Holds Open Houses in San Benito and Corpus Christi, Texas
RSC Equipment Rental held open house events recently at its San Benito and Corpus Christi, Texas locations....
Lifting Gear Hire Helps Keep the CTA On Track
Lifting Gear Hire Corp., specialists in the rental, sales, service, inspection and testing of lifting and rigging equipment helped Kiewit Construction renovate sections of the Chicago Transit Authority’s El lines....
Alimak Hek Adds ThyssenKrupp Safway to Owner Network
Alimak Hek Inc. last week announced ThyssenKrupp Safway as the newest national fleet owner to be added to its global owner network. Currently one of North America’s leading providers of scaffolding solutions and services, ThyssenKrupp Safway has expanded since its inception in 1936 to include more than 85 company-owned branches....
Ahern Rentals Posts Q3 Volume Increases
Las Vegas-based Ahern Rentals posted a 10.9-percent volume increase in the third quarter, with $101.4 million in total revenue compared with $91.4 million for last year’s third quarter. Rental volume jumped a robust 13.5 percent from $78.4 million a year ago to $89 million in this year’s third quarter....
Finning Increases Total Volume in Q3; Rental Volume Flat
Finning International last week reported record third-quarter revenue of CD $1.5 billion (about U.S. $1.24 billion) for 2008, an increase of 10.1 percent compared with the third quarter of 2007. Earnings on continuing operations were $103.4 million in the third quarter of 2008, a decrease of 5.9 percent compared with the same period last year. Third-quarter net income from continuing operations was $64.8 million or $0.37 diluted earnings per share, a 5-percent increase compared with the same period last year....
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | Next
