NES Sells Traffic Safety and Studio Rental Business
NES Rentals Holdings last week completed the sale of its traffic safety and studio equipment rental businesses to private equity investors Aperion Management LLC and Falcon Investment Advisors LLC. ...
Australia’s Coates Accepts Beefed-Up Bid From Carlyle and National Hire
Less than a month after Coates Hire rejected a beefed-up offer from U.S.-based private equity group The Carlyle Group and Australian rental outfit National Hire, Coates accepted a stronger offer to acquire all of its shares for AU $6.59 cash per share — $6.06 per share in cash and a 53-cents-per-share special dividend. ...
Click It! Safety Campaign Takes Off
The recently launched “Click It!” safety campaign that features stickers encouraging all users of boom-type platforms to wear a full-body harness with a short lanyard attached to a suitable anchor point has found acceptance with North American manufacturers and rental companies alike....
Mast Climbing Safety Discussed at BAC Conference
The International Union of Bricklayers and Allied Craft Workers (BAC) held its Annual Leadership Conference at Notre Dame University in South Bend, Ind., last month. Part of the conference includes workshop sessions for regional leaders to hear about new and exciting initiatives that could benefit their members. ...
ARA Sponsors Construction Challenge Team
The American Rental Association last week announced it is sponsoring a team in the Construction Challenge, a joint endeavor of the Association of Equipment Manufacturers and Destination ImagiNation. Members of the ARA Construction Challenge team will compete against nearly 60 other teams at the national level in March 2008 at ConExpo-Con/Agg in Las Vegas. ...
Spider Hires Sales Representative in Orlando
Spider, a division of SafeWorks, LLC recently hired Mark Litherland as district sales representative for the Orlando operation center....
Engineering News-Record Presents Annual Construction Business Forum
Engineering News-Record, an information source for construction industry professionals, will examine the industry’s priorities for the year ahead during the Construction Business Forum, “Your Business in 2008: Megatrends that Matter,” to be held Oct. 23-24, at the Capital Hilton in Washington, D.C. ...
Rental Industry Veteran Ed Detrich Dies
Charles “Ed” Detrich III, 59, of Taylorsville, Ky., died Sept. 26th, following a lengthy illness. ...
Investment Group Acquires Temp-Air
An investment group has acquired Rupp Industries after several months of negotiation with Rupp’s previous owners. As part of the ownership change, the company has changed its name to Temp-Air Inc., although it has long done business as Temp-Air....
New Jersey to Fund Part of United Local Remediation
The New Jersey Commerce Commission last week agreed to pay more than $7 million to help remediate brownfields in Fort Lee and Ridgefield Park, enabling United Rentals to expand its Ridgefield Park facility....
NES Not Liable in Mississippi Accident
A federal jury has ruled that a rental company was not liable for the injuries suffered by a worker in 2004 when he fell out of a bucket on a lift at the University of Mississippi, the Associated Press reported last week....
AEM Joins Forces With International Construction Associations
The Association of Equipment Manufacturers has joined its association counterparts in Europe, Japan, China and Korea in a formal partnership to advance the construction equipment industry worldwide....
ARA Announces Focus of Construction U; Events & Tents 2008
Construction U, the American Rental Association’s educational workshop specifically for construction and general tool rental business owners and managers, last week announced its 2008 program will focus on management skills applicable to rental. The workshop is Feb. 10, just prior to The Rental Show at the Mandalay Bay Convention Center in Las Vegas. ...
RSC Announces Children’s Coloring Contest to Promote Safety
Scottsdale, Ariz.-based RSC Equipment Rental is involving its employees’ families to promote its safety culture — a major priority for the company. Children and grandchildren of RSC’s more than 5,300 employees were invited this year to participate in the first-ever “Work the Safe Way Everyday” kids coloring contest. Winners received gift cards and the honor of having their drawings featured in a company safety calendar. ...
CRA’s San Diego Golf Tournament a Success
California Rental Association’s San Diego territory held its 14th annual golf tournament and raffle Aug. 24, at the Rancho Bernardo Inn and Golf Course in San Diego. The increasingly popular golf tournament sold out 2 ½ months prior to the event....
U.S. First Half Construction Equipment Exports Up 22 Percent
Exports of U.S.-made construction machinery totaled $8.2 billion for the first half of 2007, a 22-percent increase compared to the first six months of 2006 according to the Association of Equipment Manufacturers. ...
NES Rentals Adopts “Click It!” Campaign
NES Rental Holdings, one of the largest aerial equipment rental companies in North America, has implemented the Aerial Work Platform Training “Click It!” campaign designed to increase jobsite safety and reduce injuries when operating aerial work platforms....
RSC to Open 20 Stores in 2007
RSC Equipment Rentals officials said they will open 20 new stores during fiscal 2007, up from 13 openings in 2006 and only two in 2005, Phoenix’ East Valley Tribune reported last week....
ICUEE Announces 2007 New Product and Technology Program Participants
The 2007 ICUEE — International Construction and Utility Equipment Exposition — will be the largest in the show’s history, offering more solutions than ever before for jobsite and office business challenges. ...
Tandem Vibratory Compactors at Auction
The following figures examine tandem vibratory compactors at auction in the United States for the period starting Jan. 1, 2007. Figure 1 identifies the 1.8- to 2.9-MT size class as the most popular. Figure 2 summarizes auction values vs. year of manufacture of the 8- to 11.2-MT size class....
United Rentals Sets Special Meeting Date For Approval of Merger Agreement
Greenwich, Conn.-based United Rentals last week announced that it will hold a special meeting of stockholders on Oct. 19, to vote on a proposal to adopt its merger agreement with affiliates of Cerberus Capital Management, L.P. Pursuant to the agreement, United Rentals is to be acquired pursuant to a merger in which each share of United Rentals common stock will be converted into the right to receive $34.50 in cash....
Aggreko Revenue Jumps 33 Percent in First Six Months of ’07
Aggreko plc, a global supplier of temporary power, temperature control and oil-free compressed air services, last week announced its interim results for the six months to June 30. ...
Battlefield Equipment Rentals Opens New Concord Store
Battlefield Equipment Rentals last week announced the opening of a new store in Concord, Ontario. ...
Former RSC CEO Marty Reid Dies
Martin “Marty” Reid, who served as CEO for Rental Service Corp. from 1994 to 1999, died of a heart attack September 3 at the age of 64. ...
Industry Veteran Bryan Rich Retires From Sunbelt
Bryan Rich, executive vice president and vice chairman of Sunbelt Rentals last week announced his retirement after 31 years in the equipment rental business....
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