Aspen Equipment Names Project Manager
Aspen Equipment Co. recently promoted rental coordinator Craig Swanson to project manager....
United Rentals Names Matt Flannery Chief Operating Officer
United Rentals today named Matt Flannery executive vice president and chief operating officer, effective with the closing of the company's merger with RSC Holdings Inc. announced on April 30. He previously served as executive vice president - operations and sales, and has been leading the RSC integration process....
H&E Equipment Services’ First-Quarter Revenue Jumps 28 Percent
H&E Equipment Services today announced first-quarter revenues increased 28.7 percent to $173.7 million versus $134.9 million a year ago with revenues increasing in all segments....
PCA Forecasts Modest Cement Consumption Growth for 2012
Stronger than expected job creation and the beginning of a construction industry recovery means gains in construction spending will materialize this year — after seven years of consecutive declines — according to the new forecast from the Portland Cement Association....
Thompson Pump’s Pumpology School Draws International Participation
Thompson Pump & Manufacturing Co. hosted its 22nd annual Pumpology school last week at its Port Orange, Fla., headquarters, drawing 50 attendees from 19 states and three foreign countries....
ARA Insurance Launches Workers’ Compensation Insurance Program
ARA Insurance, Kansas City, Mo., a wholly owned subsidiary of the American Rental Association has partnered with Meadowbrook Insurance Group, Southfield, Mich., to provide ARA members with a new workers’ compensation program....
Bandit Industries Announces New Dealers
Bandit Industries’ U.S. dealership network recently announced three new dealerships to help meet growing demand for Bandit equipment, providing sales, parts, and service support for Bandit customers in the Northeast and South....
Briggs Equipment & LiftOne Now Authorized Hyster Dealers
Briggs Equipment and LiftOne this week opened their doors as authorized Hyster lift truck dealers in Atlanta and Charlotte, N.C., respectively....
LiuGong, De Lage Landen to Offer Financing in Canada
LiuGong Construction Machinery is pleased to announce the expansion of their partnership with De Lage Landen to include wholesale and retail financing to their valued dealers and customers throughout Canada....
Holt Cat Promotes Personnel
Holt Cat, Caterpillar dealer for south, central, north and northeast Texas, recently named Mark Matthews service manager of the Longview Machine division. ...
Liquidation Values, Auction Sales, Rental Rates All Rose in March, Rouse Reports
Auction sales of rental and construction equipment rose 4.7 percent in March compared to February, according to Rouse Asset Services....
United Rentals’ Acquisition of RSC Finalized
United Rentals completed its previously announced acquisition of RSC Holdings Inc. in a cash-and-stock transaction valued at $18.00 per share at the time of announcement, for a total enterprise value of $4.2 billion, including $2.3 billion of net debt....
United, RSC Shareholders Approve Merger
United Rentals and RSC Holdings stockholders voted to approve the proposed acquisition of RSC by United Rentals....
Toro Co. Acquires Assets of Stone Construction Equipment
The Toro Co. said it has acquired light construction and hardscape product assets of Honeoye, N.Y.-based Stone Construction Equipment, which manufactured concrete-related equipment and other items for rental and construction companies....
JLG Boosts Sales 61 Percent in Fiscal Second Quarter
Oshkosh Corp. posted consolidated net sales in the second quarter of fiscal 2012 of $2.08 billion an increase of 18.9 percent compared to the prior year second quarter, with sales of access equipment from JLG Industries soaring 61.4 percent year over year to $760.4 million....
Alberta’s CERF Posts Strong 2011 Revenue Increase
Canadian Equipment Rental Fund, parent company of 4-Way Equipment Rentals based in Edmonton, Alberta, Canada, posted CDN $26.6 million in revenue for the full year 2011, a 78-percent increase compared with CDN $14.9 million in 2010. ...
National Trench Safety Adds Randy Norris as Austin Sales Manager
National Trench Safety, Houston-based trench and traffic safety equipment rental and sales specialists, hired Randy Norris as branch sales manager for its Austin, Texas, branch....
Ritchie Bros. Conducts Largest Canadian Auction in its History
Ritchie Bros. Auctioneers conducted the largest equipment auction in Canadian history this week, selling more than CDN $108 million (about U.S. $110 million) of equipment in Edmonton, Alberta, April 24-26....
AWP Segment Continues to Boost Terex in First-Quarter 2012
Boosted by strong activity in the AWP segment, Terex Corp. today announced net sales in the quarter were $1.82 billion, an increase of 44.8 percent from $1.26 billion in the first quarter of 2011....
Volvo Rents Acquires Big L Rentals & Sales in Kansas
Volvo Rents continued its acquisition spree with the purchase of Big L Rentals & Sales, a single-location equipment rental company in Garden City, Kan....
Caterpillar 1Q12 Revenue Grows 23 Percent, Profit Up 29 Percent
Growth in mining, strong replacement demand for products in the United States and a continued focus on cost management helped Caterpillar Inc. deliver first-quarter 2012 sales and revenues of $15.98 billion, a 23-percent increase from $12.95 billion in the first quarter of 2011. ...
Toromont Announces Results for the First Quarter of 2012
Toromont Industries Ltd. this week reported strong financial results for the three-month period ended March 31, with net earnings from continuing operations setting a new first-quarter record, up 25 percent to $17.2 million from $13.8 million reported last year, reflecting record revenues and improved margins....
Texada Software Improves Revenue with Rolls High-Reach Rental Contributions
Texada Software generated total revenues of CDN $7.7 million (about U.S. $7.8 million) in 2011 compared to CDN $4.5 million in 2010....
CNH Global Increases Net Sales 22 Percent in First Quarter
CNH Global increased net sales in the first quarter 22 percent to $4.6 billion as a result of solid trading conditions for construction equipment....
CERF Acquires Edmonton Waste-Collection Firm
Canadian Equipment Rental Fund has acquired The Bin Company, a waste collection, reduction and disposal company in Edmonton, Alberta, for CDN $1.05 million. ...
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