Headline News
DeFeo, Kneeland to Speak at IPAF Summit in Miami in March
Ron DeFeo, chairman and CEO of Terex Corp., and Michael Kneeland, president and CEO of United Rentals, will be featured speakers at the International Powered Access Federation Summit to be held March 26, 2013, in Miami....
Finning Names Villegas EVP and Chief Operating Officer
Finning International this week named Juan Carlos Villegas, currently president of Finning South America, to the newly created position of executive vice president and chief operating officer....
CNH Announces Supplier Agreement with Thunder Creek Equipment to Offer Trailers
CNH Parts & Service, the product support business of agricultural and construction equipment maker CNH Global, this week announced a new supplier agreement with LDJ Manufacturing Inc. of Pella, Iowa, to offer its Thunder Creek Equipment line of fuel and service trailers through Case Construction Equipment, Case IH, New Holland, New Holland Construction and Kobelco equipment dealerships in the United States....
Willis Launches New Insurance Program to Equipment Rental Industry
Willis Programs of New Hampshire, a unit of Willis Group Holdings, the global insurance broker, this week introduced a customized insurance solution for the equipment rental industry....
Husqvarna Hosts Media Boot Camp to Introduce New Products
Instead of its annual press conference at World of Concrete in Las Vegas this year, Husqvarna last week hosted members of the media at its North American headquarters in Olathe, Kan., to introduce its latest products and offer hands-on instruction and operation time....
ARA Foundation Awards Scholarships
The American Rental Association Foundation this week announced it awarded scholarships totaling $54,500 to 29 students for the 2012-2013 academic year....
Volvo Rents Acquires New Mexico’s Action Equipment Rental
Volvo Rents has acquired Action Equipment Rental, a three-location construction equipment rental company based in Las Cruces, N.M., with branches in Alamagordo and Silver City, N.M....
Volvo’s Olney Maintains Confidence in North American Market
Volvo Construction Equipment president and CEO Pat Olney reiterated the company’s confidence in North America’s economic recovery in light of its 111-percent year-over-year increase in like-for-like sales during the first quarter....
Volvo Rents Acquires Three-Location Rental Solutions in California
Continuing the expansion of its California rental business portfolio, Volvo Rents last week acquired Rental Solutions, a three-location construction equipment rental company with stores in Napa Valley, Santa Rosa and Cloverdale, Calif....
Lifting Gear Hire, Chicago Pipefitters Union Partner to Supply Rigging Classes
Lifting Gear Hire Corp. and the Local 597 Pipefitters Union training facility in Chicago recently partnered to develop an annual rental contract pilot program that secures rigging for the Local 597 Pipefitter Union’s advanced industrial rigging classes until the end of 2012....
The Rental Show Ranks No. 99 in Top 100 U.S. Trade Shows
Trade Show News Network last week released its latest TSNN Top 250 Trade Show rankings of the largest shows in the United States for 2011. The Rental Show was No. 99....
Doosan Appoints Six Dealerships as New Distributors
Doosan Infracore Construction Equipment America recently appointed six dealerships as new carriers of Doosan heavy equipment....
Volaris Group Acquires Wynne Systems from United Rentals
Volaris Group today announced it has purchased Wynne Systems, InfoManager Inc. and Wynne Systems EMEA, N.V. from United Rentals....
Deere Second-Quarter Earnings Reach Record $1.056 Billion
Deere & Co. this week reported net income was $1.06 billion, or $2.61 per share, for the second quarter ended April 30, compared with $904.3 million, or $2.12 per share, for the same period last year....
Noble Rents, Formerly Rolls High Reach, to Represent LiuGong in Southeast Texas
Noble Rents, formerly known as Rolls High Reach, and a subsidiary of Texada Software, has signed a dealership agreement with LiuGong Construction Machinery....
Ritchie Bros. Net Earnings Jump 32 Percent in First Quarter
Ritchie Bros. Auctioneers, the world’s largest auctioneer of industrial equipment, posted net earnings of $18 million or 17 cents per diluted share for the first quarter ended March 31....
ARA Expands Forecast for Equipment Rental Growth in 2012
The outlook for the equipment rental industry indicates increased optimism as first-quarter performance was better than expected, resulting in a more positive outlook for the full year....
Noble Rents, Formerly Rolls High Reach, to Recapitalize Existing Debt
Texada Software’s wholly owned U.S. equipment rental subsidiary Noble Rents, formerly known as Rolls High Reach, has had a term sheet approved by a U.S. lender’s credit committee to recapitalize its existing debt....
Trico Lift HR Manager Honored
Trico Lift human resource manager Andrea Jaworski was named the Delaware Valley Regional Society of Human Resource Manager’s 2012 HR Rising Star....
Dosko Names Stull Equipment New Distributor
Dosko announced that Stull Equipment Co. of Pottstown, Pa., will provide distribution and dealer support for Dosko’s line of stump grinders, brush chippers, chipper/mulchers and log splitters....
Terex Woodsman Demonstrates at ‘Partners in Performance’ Event
Terex Woodsman recently attended a Terex Aerial Work Platforms-hosted event to present and demonstrate the Terex Woodsman product offering and equipment to rental companies....
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....
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