Ahern Rentals Receives Extension to Propose Reorganization Plan
Ahern Rentals received an extension of the 120-day period in which the company can exclusively propose a reorganization plan to exit bankruptcy, VegasInc.com reported. U.S. Bankruptcy Judge Bruce Beesley in Reno, Nev., granted Ahern Rentals an extension until Aug. 20....
Strongco Posts 100-Percent Net Income Improvement
Canadian multi-line distributor Strongco Corp. posted first-quarter total revenues of CDN $96.8 million (about U.S. $96.5 million), an 11-percent increase compared to the first quarter of 2011. ...
True Value Offers Midwest Regional Demo Day to Rental Operators
True Value Co. brought together more than 100 supplier representatives, rental operators and store associates to take part in its second regional Rental Demo Day in Menomonee Falls, Wis....
Modern Group Names Carcione Internet and Inside Sales Representative
Modern Group, a leading distributor of material handling products, construction equipment, and power generation products, announced that Rob Carcione has returned to the Modern Group in the newly created position of inside sales and Internet sales representative....
Takeuchi Adds New Dealerships in California
Takeuchi-US last week added two new dealerships in California to represent its full line of compact earthmoving equipment. ...
Point-of-Rental Systems Integrates VeriFone Terminals for Added Security
Point-of-Rental Systems recently updated its rental management software to integrate VeriFone secure payment terminals, which provide the highest level of security available in payment processing, the company said....
Spider Hires Western Region Area Director
Spider, a division of SafeWorks LLC, recently named James Finn as area director of its western region....
USI Insurance Services Acquires Assets of National Insurance Specialists
USI Insurance Services this week closed the acquisition of certain assets of National Insurance Specialists, which is expected to contribute approximately $1.6 million in revenues to USI on an annual basis. ...
Caterpillar to Sell Majority Interest in Third-Party Logistics Business to Platinum Equity
Caterpillar Inc. today signed an agreement that would result in Platinum Equity acquiring a 65-percent equity stake in Caterpillar Logistics Services LLC, the third-party logistics division of its wholly owned subsidiary, Caterpillar Logistics Inc....
Finning Posts 16-Percent First-Quarter Revenue Hike
Finning International, the world’s largest Caterpillar and leading rental company, posted a 16-percent year-over-year revenue increase in the first quarter, with $1.5 billion in revenue as market conditions remained robust in all regions and product support revenues reached a new record....
Essex Rental Corp. First-Quarter Rental Revenues Grow 36 Percent
Essex Rental Corp. this week announced first-quarter equipment rentals segment revenues were $18.1 million, a 36.8-percent increase versus $13.2 million for the three months ended March 31, 2011....
Wajax Boosts Earnings 33 Percent in First Quarter
Canadian distributor Wajax posted consolidated first-quarter revenue of $358.1 million, compared with $303.9 million for last year’s first quarter, an 18-percent increase. ...
Fabick Cat Breaks Ground on Customer Engagement Center
Fabick Cat broke ground this week for its new Customer Engagement Center at its Fenton, Mo., headquarters, fenton-highridgepatch.com reported....
Worldwide Rental Services Receives Colorado Contractors Safety Award
The Colorado Contractors Association recently awarded Worldwide Rental Services its Associate Member Safety Award for 2011....
WesternOne Modular Unit Wins Awards
WesternOne Equity Income Fund, which does business as WesternOne Rentals & Sales recently said its Modular Manufacturing Division, WEQ Britco LP, won four international awards for its Olympic Legacy Affordable Housing Project....
Pilchuck Rentals Back in Business in Washington State
Pilchuck Rentals, a Marysville, Wash.-based equipment rental company re-opened this year under the ownership of Lance and Becky Brown, and staffed by them and their sons Jason and Jesse, according to the Marysville Globe....
United Rentals to Hold Conference Call on RSC Integration
United Rentals will hold an investor update on its integration of RSC Holdings with CEO Michael Kneeland, chief financial officer William Plummer, and chief operations officer Matt Flannery on Monday, May 14 at 8 a.m. eastern time....
Beta Max Names Spider a Key Distribution Partner
Spider, a division of SafeWorks LLC, was recently selected as a key distribution partner in the Americas for Beta Max hoists and named as its exclusive distributor in the Western United States....
Ritchie Bros. to Acquire AssetNation
Ritchie Bros. Auctioneers this week agreed to acquire AssetNation Inc., a leading online marketplace and solutions provider for surplus and salvage assets....
Hertz Establishes Military Hiring Web Portal
Hertz Corp. has introduced a new military hiring portal, hertz.jobs/military/. The site allows veterans and their family members to view and apply for available Hertz jobs across all its divisions....
HERC Posts 12.6-Percent Rental Volume Increase in Q1
Worldwide equipment rental revenue for Hertz Equipment Rental Corp. for the first quarter was $302.1 million, a 12.6-percent increase compared with $268.2 million in last year’s first quarter....
Volvo CE Breaks Ground on $100 Million North American Headquarters
Volvo Construction Equipment last week broke ground on the first phase of the $100 million expansion of its site in Shippensburg, Pa. The first phase includes construction of a new America’s headquarters office....
Ritchie Bros. Conducts Grand Opening Auction in Las Vegas
Ritchie Bros. Auctioneers last week celebrated the grand opening of its new Las Vegas auction facilities, including a new 33,000-square-foot auction building as well as an equipment refurbishing facility....
Terex Welcomes New Distributors
Terex last week announced a new distributor for its line of compact construction equipment in the Northwest as well as a new distributor for its articulated and rigid trucks throughout south, central and west Texas and southern New Mexico....
JCB of South Texas Joins JCB’s North American Dealer Network
JCB’s North American dealer network continues to expand with the addition of JCB of South Texas in San Antonio....
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