Spider Supplies Platforms and Hoists in Venezuela Bridge Project
Spider, a division of SafeWorks llc, is in the final stages of powered access work on the Angostura Bridge in Venezuela....
Freek Nijdam, Former RSC CEO, Dies
Freek Nijdam, CEO of Rental Service Corp. from 2002-2004, died last week after a short illness at the age of 67....
United Rentals Names Kneeland President, CEO and Director
After a unanimous election by United Rentals’ board, the company last week named Michael Kneeland president, CEO and a director of the company. Kneeland has served as interim CEO since June 2007 when Wayland Hicks retired....
RSC Equipment Rental Streamlines Divisional Structure
RSC Equipment Rental, the operating entity for RSC Holdings, one of the largest equipment rental providers in North America, last week announced that it has streamlined its field operations in North America into two geographical areas, an East Division and a West Division, instead of the three areas it has had previously....
Pre-tax Profits Jump 43 Percent in First Half, Aggreko Reports
Temporary power specialist Aggreko posted a pre-tax profit boost of 43 percent and said strong demand in emerging markets will help it exceed market expectations for full-year profits. Pre-tax profits were £67.9 million (about U.S. 123.5 million). Worldwide revenue for the first half was £408 million (about U.S. 742 million), compared with £317.5 million in the first half of 2007, a 28-percent hike....
Caterpillar Selects Empire for Regional Sales and Distribution Center
Empire Machinery, the Caterpillar dealership in Arizona, last week said Caterpillar has selected its Eloy, Ariz., branch, a 150-acre site, to be one of its three new western regional sales and distribution centers. Western States, located in Washington, and Foley Equipment, located in Michigan, will also be part of the new sales channel....
Crane Rental Corp. Partners with Private Equity Firm
PCE Investment Bankers last week announced the recent recapitalization of Crane Rental Corp., a leading crane rental, hauling and rigging services company. The partnership with Hammond, Kennedy, Whitney & Co., a private equity firm, will enable Crane Rental, a family-owned and operated business, to continue to expand and grow in response to increasing demand....
Doosan Infracore Acquires Articulated Dump Truck Maker Moxy
Doosan Infracore has acquired Norwegian articulated dump truck manufacturer Moxy Engineering AS for about €55 million (almost U.S. $81 million). Doosan emerged as a top 10 international manufacturer last year after its acquisition of Bobcat and Ingersoll Rand’s portable power machinery division. ...
Toromont Industries Files Normal Course Issuer Bid
Toromont Industries Ltd. last week announced that it has filed with the Toronto Stock Exchange a notice of intention to make a normal course issuer bid for certain of its common shares through the facilities of the Toronto Stock Exchange. Under this notice, Toromont is entitled to purchase up to 4,638,854, representing 10 percent of its common shares in the public float during the 12-month period commencing Aug. 31 and ending Aug. 30, 2009. Toromont currently has 46,388,538 common shares in the public float. The actual number of shares that may be purchased and the timing of any such purchases will be determined by Toromont. All shares purchased under this issuer bid will be cancelled....
HERC Opens Renovated Facility in Fredericton, New Brunswick
Hertz Equipment Rental Corp. celebrated the grand re-opening of its 10,000-square-foot Fredericton, New Brunswick, general rental facility on Aug. 28. The event showcased the facility’s renovated showroom and expanded product line, which includes small tools, construction equipment and contractors’ supplies....
Kobelco Appoints Continental Crane Co. West Coast Dealer
Los Angeles-based Continental Crane Co. last week was appointed the exclusive West Coast distributor for Kobelco Cranes, a leading manufacturer of crawler cranes that has increased its presence in the North American market significantly in recent years....
Spider Delivers on Denver Residential Project
Spider, a division of SafeWorks, is in the midst of its second year of powered access work on the Park Lane High Rise Condominiums in Denver....
Atlas Sales & Rentals Adds Raleigh Branch
Atlas Sales & Rentals, a distributor of portable air-conditional equipment for the non-residential market, has opened a full-service office in Raleigh, N.C., to serve the Raleigh-Durham metro area and surrounding communities. Atlas is expanding its network to deliver enhanced responsiveness to national accounts and local businesses in major markets in the United States....
Aggreko Acquires Canada’s Power Plus Rentals & Sales
Aggreko, global leader in temporary power, temperature control and oil-free compressed air, last week strengthened its Canadian operations by acquiring all the assets of Power Plus Rentals & Sales, based in Leduc, Alberta. Power Plus is a rental power specialist that provides services to businesses in the Athabasca Oil Sands in Alberta and Saskatchewan, where more than CN $10 billion per year is being invested in the development of the world’s second-largest oil reserve....
Mexico’s Maquirent Launches Franchise Program
Torreon, Mexico-based Maquirent, one of Mexico’s largest light equipment rental companies, has launched an effort to establish a franchise program. To establish a Maquirent franchise, a franchisee would require an initial investment of about $2.3 million Mexican pesos (about U.S. $230,000), including an initial payment of between MP 280,000 and MP 350,000....
Finning Acquires Fort Saskatchewan Rentals
Finning recently acquired the assets of Fort Saskatchewan Rentals, based in Fort Saskatchewan, Alberta, with a branch in Redwater, Alberta. The two towns are both a short distance north of Edmonton, headquarters of Finning’s Cat Rental Store network....
Pine Bush Equipment to Build Branch in Liberty, N.Y.
Pine Bush Equipment, based in Pine Bush, N.Y., with branches in Holmes, N.Y., and Newington, Conn., has agreed to purchase two buildings and 11 acres in Liberty, N.Y., according to online reports. Liberty is developing a 100-acre light industrial park about a half mile from where Pine Bush Equipment plans to open its new branch....
Holt Cat Building New Facilities
Holt Cat Power Systems is continuing its expansion program with the construction of new generator packaging and engine rebuild facilities in Longview and San Antonio, Texas....
Volvo Construction Equipment & Services California Named Exclusive Champion Dealer in California
Champion Motor Graders last week announced that Volvo Construction Equipment & Services California (formerly Mathews Machinery) has signed on as the exclusive authorized Champion dealer for the state of California....
Manitowoc Offers Crane-Inspired Chopper for Rent
Manitowoc last week announced it launched a website for dealers and customers offering its crane-inspired chopper for rent. The company first unveiled the chopper at ConExpo 2008 in Las Vegas in March, while in May it was featured in the popular “American Chopper” show on cable TV’s The Learning Channel. Now, the distinctive custom-built motorcycle is available for display at open houses, conferences, employee events or any other suitable occasion in the United States....
Customer Demand Prompts Bigge to Order Additional Cranes
Bigge Crane & Rigging, San Leandro, Calif., has experienced such high utilization of its Liebherr crawler crane fleet that it has ordered 12 additional units for delivery next year....
Sunshine Enterprise to Expand Scaffold Offering in Europe
Memphis, Tenn.-based Sunshine Enterprise, an importer of Chinese-made scaffolding and hoists, last week said it plans to expand its product offering in North America and to sell equipment in Europe as well....
HERC Celebrates Re-opening of Lubbock, Texas, Branch
Hertz Equipment Rental Corp. celebrated the grand opening of its 5-acre Lubbock, Texas, general rental facility on July 18. The event, which drew more than 600 people, showcased the facility’s showroom and product line, which includes small tools, equipment and contractors’ supplies....
Volvo Rents’ First-Half Rental Volume Up 16 Percent
Volvo Rents last week said revenue for its North American franchise network grew 16 percent year over year to $143.5 million, compared with the first six months of 2007....
Austin Ventures Buys Delta Rigging & Tools
Austin Ventures, an Austin, Texas-based private equity firm, has acquired Delta Rigging & Tools. Delta, based in Lake Jackson, Texas, is North America’s largest one-stop provider of lifting products and services in the lifting equipment and rigging industry. Delta has a national footprint of customers and end markets, but is particularly strong throughout the Gulf Coast of Texas and Louisiana....
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