Alta Equipment Acquires Chicago’s United Lift
Alta Equipment Co. has acquired a majority of assets of United Lift from previous owners the Gorman family and is establishing another Chicago-area location for the Hyster brand, possibly in Itasca, Ill. Jack Gorman, his wife Nancy and their three children sold the United Lift assets except for buildings and real estate in Bellwood and Lansing, Ill....
The Rental Place Acquires Sonoma Rentals
The Rental Place, a Sonoma County, Calif., rental company with locations in Sebastopol, Santa Rosa and Rohnert Park, has acquired Sonoma Rentals, Sonoma, Calif., from former owner Jim Hanson....
Air Products Makes Unsolicited Bid for Red-d-Arc Parent Airgas
Air Products and Chemicals, a producer of industrial gases, last week made an unsolicited $5.1 billion offer for competitor Airgas, which is the parent company of Red-d-Arc Welderentals, North America’s largest welder rental company....
Toromont Elects to Acquire Remaining Enerflex Trust Units
Toromont Industries Ltd. and Enerflex Systems Income Fund last week announced that Toromont has elected to acquire all of the remaining trust units of Enerflex on the same terms as the units acquired under Toromont’s recently completed offer for Enerflex. This acquisition is scheduled to be completed on Feb. 26....
SmartEquip and National Equipment Register Announce Risk-Management Alliance
SmartEquip and the National Equipment Register, an ISO company, have announced a strategic alliance to help equipment owners and manufacturers better manage liability and risks — such as theft, safety and regulatory compliance — associated with equipment ownership....
Orderly Liquidation Values Increase 1.6 Percent in December, Rouse Says
December orderly liquidation values for used equipment across the 10 major rental category indices tracked by Rouse Asset Services increased 1.6 percent compared with November values, according to Rouse’s most recent Construction Rental Report....
JCB, Volvo Reach Framework Agreement on Skid-Steers and Compact Loaders
JCB and Volvo Construction Equipment have entered into a framework agreement under which they will cooperate on the engineering and manufacturing of skid-steer loader and compact tracked loader products for distribution under their respective brands and through their respective global dealer networks....
Red-D-Arc Welderental Parent Company Sales Drop 13 Percent in Fiscal Q3
Airgas Inc., the largest U.S. distributor of industrial, medical and specialty gases, and parent company of welding equipment rental company Red-D-Arc Welderentals, reported net earnings of $46.9 million for its fiscal third quarter ended Dec. 31. Sales dropped 13 percent and same-store sales declined 14 percent compared to the same period in 2008....
Coble Trench Safety Opens Atlanta Branch
Coble Trench Safety, a Greensboro, N.C.-based company specializing in the rental and sales of trench safety and traffic safety equipment as well as OSHA-compliant training classes, last week opened a new branch in Atlanta, which will serve the Atlanta metropolitan area and surrounding areas in Alabama, Georgia and Tennessee. The branch is the company’s 10th location....
WesternOne Equity Fund to Acquire Alberta Aerial Rental Company
Vancouver, B.C., Canada-based WesternOne Equity Income fund, last week said it signed a letter of intent to acquire 100 percent of the assets of a rental, sales and transport business specializing in aerial and material-handling equipment. The company, which WesternOne did not name, is an independently owned firm based in Calgary, Alberta, with operations covering central and southern Alberta....
Action Equipment Rental Named Las Cruces Business of the Year
Action Equipment Rental was named Business of the Year by the Las Cruces (N.M.) Chamber of Commerce. Action has five southern New Mexico stores, three in Las Cruces, one each in Alamagordo and Silver City, N.M. Some of the locations were originally part of A-1 Rental Centers founded by legendary rentalman Hotch Manning, who died a week ago in Texas....
Bigge Opens Houston Branch
Bigge Equipment Co. has opened a new facility in Houston for the rental and sales of rough terrain, crawler and tower cranes in the Gulf Coast region....
Vermeer Renewed as Cat Rental Store Preferred Allied Vendor
Vermeer Corp. has been selected again by Caterpillar as a Preferred Allied Vendor to its Cat Rental Stores for 2010....
Abilene High Lift Purchases Highest Reaching Aerial in North America
The newly formed Abilene High Lift Aerial Co. of Abilene, Texas, recently purchased a Steiger TTS 1000 aerial work platform with a working height of 328 feet, which will make it the highest reaching aerial in North America once it is delivered early this summer. The machine will be powered by a Mack Granite Series truck purchased from TransEdge Truck Centers and manufactured by Mack Trucks of Allentown, Pa. The aerial work platform was manufactured by Ruthmann Gmbh & Co. in Germany....
Walker Machinery Sues Construction Company for More Than $300,000
Cecil I. Walker Machinery Co., a Charleston, W. Va.-based Caterpillar dealership, is suing Poca, W.Va-based Waste-Tron and its president for failure to pay more than $300,000, according to West Virginia legal journal www.wvrecord.com....
Airport Equipment Rentals Donates Telehandlers for Alaska Ice Sculpture Competition
Telehandlers from Airport Equipment Rentals in Soldotna, Alaska, helped volunteers move blocks of ice from a frozen pond for an ice sculpture contest in advance of the 34th annual Peninsula Winter Games, which occurs annually near the Cook Inlet on Alaska’s Kenai Peninsula....
Caterpillar Profit Drops 75 Percent in 2009
Caterpillar Inc. posted sales and revenues of $32.4 billion for 2009, a 37-percent decrease compared with $51.3 billion in 2008. Profit per share was $1.43, a 75-percent year-over-year plunge....
Terex Sells Generator Line to Cummins; Power Buggy Line to Indy Equipment
The Terex Aerial Work Platforms segment of Terex Corp. last week announced the sale of its Terex power buggy product line to Indy Equipment and the Terex Generator product line to Cummins Power Generation for undisclosed sums. The divestments come less than a month after the segment sold its Load King trailer unit to Manitex International....
Former ARA President Hotch Manning Dies
One of the most personable and well-liked American Rental Association presidents in history, H.A. “Hotch” Manning died last week following hip-replacement surgery in Tyler, Texas. Manning was 69....
Manufacturers Contribute Equipment, Supplies to Haitian Relief Efforts
Several construction equipment manufacturers, including JCB, Case New Holland and Komatsu, have made significant contributions to relief efforts in Haiti after the recent earthquake that devastated Port-au-Prince and other cities....
Toromont Completes Offer, Now Owns 96 Percent of Enerflex
Toromont Industries Ltd. last week announced that 39.6 million trust units of Enerflex Systems Income Fund and 2.6 million exchangeable limited partnership units of Enerflex Holdings Limited Partnership have been tendered to Toromont’s offer for Enerflex. As all of the conditions have been satisfied, Toromont has now purchased these units in accordance with its offer, and the offer has expired....
AED, AEM Rally for Infrastructure Spending
The Associated Equipment Distributors and Association of Equipment Manufacturers held a rally last week at the Henry B. Gonzalez Convention Center in San Antonio as part of its Start Us Up USA campaign, seeking a renewal of federal highway funding....
United Rentals to Hold Q4 and Full Year Conference Call Feb. 4
United Rentals will hold its fourth-quarter and full-year 2009 conference call Thursday Feb. 4 at 11 a.m. eastern time. The conference will include United Rentals CEO Michael Kneeland and William Plummer, chief financial officer. The call will be available by audio webcast at www.ur.com where it will be archived until the next earnings call. A replay may be accessed for two weeks following the call at (703) 925-2533, passcode 1426545....
Morbark and Strongco Form Western Canada Alliance
Morbark recently signed a dealership agreement with Strongco Limited Partnership in Western Canada. With Strongco’s five locations in Alberta, Morbark customers in western Canada now have convenient access to equipment, service and sales....
Doosan Infracore Portable Power Appoints Air Compressor Sales New Dealer
Doosan Infracore Portable Power has named Air Compressor Sales of Macon, Ga., an authorized dealer of its Ingersoll Rand-branded line of portable air compressors, mobile generators, light compaction equipment and lighting systems for central Georgia....
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