Allis-Chalmers Acquires Oilfield Rental Company
Houston-based Allis-Chalmers Energy, a global energy services company, last week announced the acquisition of Broussard, La.-based Petro Rentals, which specializes in providing wire line services and equipment, drilling equipment, land and offshore pumping services and coiled tubing support equipment....
Point-of-Rental Moves into Larger Offices
Point-of-Rental Systems, a provider of Windows-based rental management software and systems last week announced a move to a new headquarters about three miles north of its previous location in Grand Prairie, Texas. ...
Volvo Rents Opens New Texas Rental Center
Volvo Construction Equipment Rents last week announced the opening of a new Volvo Rents equipment rental franchise in Donna, Texas, near McAllen. This is the company’s fifth rental center in the state; others are in Houston, Austin, McKinney and San Antonio. ...
Western Power & Equipment to Represent Champion
Western Power & Equipment Corp., one of the largest distributors of Case equipment in the United States, with 11 locations in the western states and Alaska, will now represent Champion Motor Graders throughout its region, including locations in California, Nevada, Oregon and Washington. ...
Arkansas Cat Dealer Holds Open House at New Facility
Little Rock, Ark.-based J.A. Riggs Tractor Co., Caterpillar dealer in Arkansas, last week held an open house at its new $7 million Springdale dealership. ...
United Rentals to Hold Santa Fe Opening
United Rentals recently opened a branch in Santa Fe, N.M., and will hold a grand opening this week. The grand opening will be held from 10:30 a.m. to 1 p.m. Wednesday. ...
JLG Expands ServicePLUS Operations
McConnellsburg, Pa.-based JLG Industries last week announced the grand opening of its third ServicePLUS location in Kennesaw, Ga., near Atlanta. ServicePLUS provides equipment repair, maintenance and reconditioning, equipment inspections, mobile service and training on all JLG-manufactured products as well as those of competing manufacturers. This expansion supports the company’s long-term strategy to expand its after-market business. ...
Aztec Tents & Events Acquires Abbey Event Services
Todd Johnson, president of Houston-based Aztec Tents & Events last week announced that Aztec acquired Abbey Event Services of San Antonio, a 30-year fixture in the special events rental industry in San Antonio. ...
Aggreko Agrees to Acquire GE Energy Rentals
Continuing the trend of consolidation at the top of the rental industry, Aggreko PLC last week reached a definitive agreement with General Electric Co. to acquire GE Energy Rentals for $212 million cash. ...
Sunbelt to Move to New Headquarters
Sunbelt Rentals is moving its corporate headquarters from Charlotte, N.C., to Fort Mill, S.C., the company said last week. ...
United Rentals Announces $400 Million Reduction in Term Loan
United Rentals last week announced that the company is prepaying today $400 million of its outstanding term loan. The company is using $200 million of available cash and $200 million drawn on its accounts receivable securitization facility ...
HERC Opens Renovated Facilities in Jackson and Seattle
Hertz Equipment Rental Corp. celebrated the grand re-opening of its Richland/Jackson, Miss., general rental facility on Friday. The company also plans to celebrate the grand opening of its Seattle general rental facility on Friday, Oct. 6...
Finning Names Managing Director for U.K. Operations
Finning International last week named Andy Fraser managing director of Finning Group UK, effective Nov. 1. Fraser will replace Nick Lloyd, current managing director, who will retire, effective December 31, after a 38-year career with Finning...
CIT Survey Forecasts Increased Spending on New, Used Equipment
CIT Construction, a unit of CIT Group, a global provider of commercial and consumer finance solutions, last week announced the results of its 31st annual CIT Construction Industry Forecast which finds a majority cautiously optimistic about 2007...
AGC Economist Warns of Materials Cost Hikes
Associated General Contractors Economist Ken Simonson last week warned of an inflation rate for construction materials of 6 to 8 percent, with periods of 10 percent increases possible...
RSC Equipment Rental Opens First Toronto Branch
RSC Equipment Rental recently opened a branch in Gormley, Ontario, its first store in the Toronto area. The Scottsdale, Ariz.-based rental company said it will open up to 12 more rental centers in Ontario in the near future. ...
CRA Plans Bakersfield Trade Show in March
The California Rental Association will hold a convention and trade show March 20-22, 2007, in Bakersfield, Calif. The CRA Rental Rally Tradeshow will include equipment exhibits, a demo area, seminars, cocktail parties and a western-style dinner/dance...
Rowles Appointed Bobcat Americas President
David Rowles has been appointed president, Bobcat Americas, effective Sept. 1, according to Richard Pedtke, president, Ingersoll Rand Compact Vehicle Technologies. Rowles will be based out of Bobcat’s West Fargo, N.D., headquarters...
Qualcomm Partners with Vermeer on Telematics-Enabled Equipment
Qualcomm, a leading provider of business-to-business wireless enterprise applications and services, last week announced that it is working with Pella, Iowa-based Vermeer Manufacturing Co. to address the growing market demand for equipment-supporting advanced telematics capabilities...
United Rentals CFO Named to Delphi Board
Delphi Corp. last week said it has named United Rentals chief financial officer Martin Welch to its board of directors. Welch will serve on Delphi’s audit committee, filling the vacancy created by the departure of Bernd Gottschalk. ...
Stephenson’s Declares Cash Distribution
Stephenson’s Rental Services last week announced a cash distribution of CD $.0917 per Class A unit for the period from Sept. 1 through Sept. 30 to holders of record...
Birch Equipment Rental Owner Named in Puget Sound’s 40 Under 40
Sarah Rothenbuhler, president and general manager of Birch Equipment Rental & Sales has been honored as one of the top 40 executives under 40 years of age in the Greater Puget Sound area in Washington. ...
Briggs Equipment Parent Acquires Finning U.K.’s Forklift Business
Dallas-based Sammons Enterprises, parent company of Briggs Equipment, has agreed to acquire the material handling division of Finning UK Ltd. for about 85 million pounds (U.S. $160 million), in a deal expected to close at the end of this month...
Emeco Tops Forecasts for Fiscal 2006
Australian rental group Emeco Holdings last week announced fiscal year results that exceeded analysts’ expectations, while forecasting strength for the coming year...
Aggreko’s Pre-Tax Profit Up 78% in First Half
Aggreko plc, international specialist in the supply of temporary power, temperature control and oil-free compressed air services posted a 42.4 percent year-over-year increase for the first six months of 2005...
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