Trends Analysis
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Headline News
United Rentals Updates Investors on Integration
United Rentals recently provided an “integration update” to its community of investors, during which the company said that the combined companies’ targeted cost synergies have been raised to $230 million....
Cat Entertainment Services Expands to International Stage
Cat Entertainment Services, a service provider of temporary power generation and temperature control equipment for major events and production projects has gone global, the company said. ...
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International News
JCB Sells $56 Million Machine Order to Sunbelt and A-Plant
JCB announced this week it has won a deal to sell 550 machines worth £16 million (about $25 million) from U.K. rental chain A-Plant, and 494 machines to Fort Mill, S.C.-based Sunbelt Rentals....
Terex Tower Cranes Play Uplifting Role in Italian Real Estate Project
Five Terex tower cranes have been working for nearly two years on the construction of two residential towers as part of a large restructuring and redesign of Porta Nuova – Isola District in Milan, Italy....
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Wall Street Beat
The Stock Block
Check in on some of the latest stock prices for publicly traded rental companies and popular construction equipment and general tool manufacturers related to the rental equipment industry. ...
Toro 2Q Sales Increase 10 Percent; Company Declares 2-for-1 Stock Split
The Toro Co. last week reported net earnings of $68.8 million, or $2.26 per share, on net sales of $691.5 million for its fiscal second quarter ended May 4....
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Supply Side
Felling Trailers to Open Second Production Location
Felling Trailers has built a second location in Litchfield, Minn., to expand production. ...
JLG to Showcase LiftPod at ASSE Safety 2012 Conference and Exposition
JLG Industries will promote safety advocacy, education and awareness at the American Society of Safety Engineers Safety 2012 Conference and Exposition, June 3-5, in Denver....
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RER & The Environment
Lew Hudson Sales to Represent Solar Light Tower Manufacturer
Progress Solar Solutions is partnering with leading equipment rental industry manufacturers’ rep firm Lew Hudson Sales to represent its line of portable Progress Solar Light Towers....
Deutz Releases Biofuel-Powered Engines
Deutz AG last week announced it has for the first time released engines that meet exhaust emissions standard IIIB for use with biodiesel....
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Bricks & Clicks
RMI Partners with MobileDemand
RMI Corp. announced its partnership with MobileDemand....
HCSS Launches Mobile Applications to Improve Field Entry and Productivity
Construction software developer HCSS has introduced a suite of new mobile applications for collecting and reviewing data on construction field operations. ...
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Contractor News
AGC and Computer Guidance Establish Partnership
Scottsdale, Ariz.-based Computer Guidance Corp., a leading developer of financial and project management software solutions for architecture, engineering and construction companies, recently formed a strategic partnership with the Associated General Contractors of America, naming Computer Guidance as a member of its Affinity Program....
Mortenson Construction Deploys Texada’s Systematic Asset Management System
Texada Software last week announced that Mortenson Construction has successfully deployed Texada’s Systematic asset management system within its equipment facility network to manage its construction assets throughout North America....
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Interviews
Interview with Graham Hood: Rental Rate Momentum
RER recently interviewed Graham Hood, CEO of Neff Rental, No. 14 on the new RER 100 about the company’s improved 2011 performance, its rental rate momentum, 2012 expansion plans, and the impact of Tier 4 equipment....
We Predicted the Trend
Anderson Equipment Co. posted a remarkable 64.7-percent rental volume increase in 2011, one of the largest jumps on the new RER 100....
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Reports from Bauma
JCB Introduces Five New Products at Bauma
JCB launched five new product introductions at the Bauma trade fair in Munich, Germany, last week....
JCB Gets Court Orders to Stop Exhibitors from Displaying Patent-Breaching Machines
JCB last week took tough action against three “far Eastern” manufacturers for product copying and patent infringements, the company said....
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