Mills Rental Division Managing Director Earns PAL Card
International Powered Access Federation this week announced that Sérgio Kariya, managing director of the rental division of Mills Estruturas e Serviços de Engenharia SA in Brazil, completed aerial work platform operator training and obtained an IPAF PAL Card (Powered Access License)....
Volvo CE Names New UK Utility Equipment Dealer
Volvo Construction Equipment named Capital Plant Solutions Ltd. as its new utility equipment dealer covering North London, Essex, The Home Counties north and Cambridgeshire. Capital Plant Solutions specializes in the sales and purchase of used equipment....
China’s Construction Equipment to Grow 10 Percent in 2012, Caterpillar Executive Says
Caterpillar has forecast China’s construction equipment market to grow 10 percent in 2012 and also expects the yuan to strengthen against the U.S. dollar, Reuters reports. Caterpillar’s Asian group president Richard Lavin said he expects the market to grow at a significant rate for the foreseeable future....
Atlas Copco Acquires Perfora in Italy to Enter Dimension Stone Drilling Market
Atlas Copco Italia S.p.A. last week acquired Perfora S.p.A., an Italian company that manufactures and sells drilling and cutting equipment for the dimension stone industry, specifically quarries that produce raw stone blocks....
Deutz Launches China JV for Engine Production
Deutz AG and Shandong Changlin Machinery Group Co., a Chinese manufacturer of agricultural machinery and construction equipment, have this week signed an agreement to set up a joint venture for engine production....
HSS Hire Opens Bristol Supercenter
HSS Hire, national U.K. tool and equipment rental company, has opened a new regional distribution center in Bristol, U.K. The 30,000-square-foot facility will become a key regional distribution hub for HSS’ activities in southwest England and Wales, providing rental services and support and specialist training....
Speedy Hire Buys $5 Million in Mini Excavators from JCB
Speedy Hire, the United Kingdom’s largest equipment and tool rental company, has invested £3.3 million (about U.S. $5.1 million) in JCB 8018 mini excavators, the largest order the U.K.-based manufacturer has received for that model in the past year. Speedy made the purchase to strengthen its fleet in the utility sector, which includes such major customers as Thames Water and Welsh Water....
Ramirent Names Total Solution Rental Supplier for Swedish Mine Project
Ramirent Sweden was selected as a total solution supplier of rental equipment in the expansion of Boliden’s operations at the Garpenberg mine near Hedemora, Sweden. The value of the agreement is about SEK 70 million (about U.S. $10.1 million) over the next three years....
LiuGong Finalizes Acquisition of Polish Manufacturer HSW
Chinese construction equipment manufacturer LiuGong Machinery Corp. has finalized its agreement to acquire Polish manufacturer Huta Stalowa Wola and its distribution subsidiary Dressta Co. The agreement was signed by both companies' executives in Warsaw....
Volvo CE Opens Competence Development Center in China
Volvo Construction Equipment has opened a new Competence Development Center in North China in partnership with local colleges and dealers to educate talented young people in technician training. Volvo CE aims to support the sustainable development of the Chinese construction machinery industry and provide opportunities for Chinese technicians....
Terex Toplift Truck Crane Wins Design Award in Beijing
The new Terex Toplift 025G, a 25-tonne-capacity class truck crane, was awarded first place for “Machinery Exterior Design and Quality” at the recent BICES 2011 trade show in Beijing....
Caterpillar Expands R&D Center in China
Caterpillar Inc. executives and governmental leaders from Wuxi this week signed an agreement to expand the company’s multi-functional research and development center in Wuxi, China. The Wuxi R&D center first opened in December 2009, and currently has more than 500 engineers and support staff developing a variety of new products tailored to the demands of Caterpillar’s rapidly expanding customer base in China and other growth markets....
HSS Hire Receives Van Safety Award
HSS Hire, one of the United Kingdom’s largest equipment rental companies, received the Van Excellence accreditation for the safety and standards of its commercial fleet. HSS is the first tool and equipment rental company to achieve this accreditation, according to the company....
Cramo Signs Rental Services Agreement with Swedish Construction Firm
Finland-based Cramo has signed a Nordic-level frame agreement for the purchase of rental equipment and related services by Swedish construction firm NCC for its operations in Nordic countries. Cramo and NCC have agreed to a long-term commitment....
CNH Global to Build New China Manufacturing Plant
CNH Global announced this week it will build a new manufacturing plant in Harbin, Heilongjiang Province in northeast China, with an initial investment of about $90 million....
Hitachi Expects China’s Demand for Excavators to Slow
Hitachi Construction Machinery, Japan’s second-largest heavy-equipment manufacturer, said this week that Chinese demand for excavators is likely to decline in the first half of 2012 as monetary tightening slows construction exports, according to Businessweek.com. Hitachi CEO Michijiro Kikawa told BW that he expects sale of excavators industrywide in China to decrease 30 percent in the year to March 31 and doesn’t expect growth before mid-year....
Atlas Copco Acquires Chinese Compressor Business
Atlas Copco (China) Investment Co. Ltd has acquired certain assets of Guangzhou Linghein Compressor Co., Ltd. The acquisition supports Atlas Copco’s expansion in China, adding a brand of industrial air compressors with a strong regional presence....
Ramirent Acquires Three Rental Companies in December
Finland-based international rental company Ramirent has acquired three Scandinavian equipment rental companies this month. First Ramirent bought the scaffolding division of Ajos A/S, a subsidiary of Danish construction company MT Højgaard A/S. In the same transaction Ramirent Denmark sold its hoist and working platforms to Ajos....
U.K.’s Hewden Signs Supplier Agreement with National Customer
U.K. rental company Hewden has signed a 12-month Tier 1 contract agreement with Balfour Beatty Utility Solutions. As part of the deal, Hewden will provide a comprehensive package of equipment including excavators and dumpers along with skilled operators....
Speedy Hire Invests in Low-Carbon Lighting
Speedy Hire, the U.K.’s largest equipment and tool rental company has made an investment in low-carbon lighting for the winter months as part of its winter campaign. Included in the winter range are Elite Globe lights, which generate 90-percent energy savings per day. A single unit can save more than £100 (about U.S. $157) on electricity costs and more than 900 kilograms of carbon emissions over a year-long period when compared to a standard 500-watt light....
Aerial Rental Giant Riwal Commits Itself to Spanish Market
Netherlands-based aerial work platform rental specialist Riwal said this week it remains committed to its business in Spain, operating as Clem-Riwal, despite continued difficulties in the Spanish market, which has been affected by ongoing negative economic developments in the non-residential construction market. The weak market has led to overcapacity in the aerial market with strong pressure on rental rates....
U.K.’s Northbridge Acquires Belgian Specialty Rental Firm
Northbridge, the U.K.-based industrial services and rental company, has acquired the entire share capital of DSG Rental NV, an equipment rental company based near Atwerp, Belgium, for about €2.9 million (about U.S. $3.8 million). DSGR was incorporated in 2006, and specializes in the rental of containerized transformers and switchgear on a global basis....
Caterpillar Sells Part of Bucyrus Distribution Business to Sime Darby Industrial
Peoria, Ill.-based Caterpillar Inc. this week announced that the Industrial Division of Sime Darby Berhad has acquired a portion of the former Bucyrus distribution business, which was included in Caterpillar’s purchase of Bucyrus. The transaction, valued at approximately $360 million, encompasses the Sime Darby Industrial Cat dealerships operated by Hastings Deering in Queensland and the Northern Territory of Australia, Papua New Guinea and New Caledonia....
LiuGong Expands Finance Program to Europe
LiuGong Machinery Co., a global construction equipment manufacturer, is expanding its customer leasing and financing program to Europe in a move that builds upon the introduction of the program in North America earlier this year, the company announced....
Caterpillar Plans U.K. Investment
Caterpillar has announced a £50 million investment in its Tees Valley, U.K., plant. The investment will be divided between its Building Construction Products division in Stockton, U.K., which makes steel components for construction equipment, and its Desford, Leicestershire, facility....
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