International News
A-Plant Invests £24 Million as Part of £330 Million-Plus Spend
A-Plant, one of the U.K.’s leading equipment rental companies, recently placed orders for equipment for more than £24 million (about U.S. $38 million)....
Aggreko Opens Cape Town Service Center
Aggreko, world leader in providing temporary power and temperature control services, has opened a new service center in Cape Town, South Africa....
HSS Hire Looking at Possible Sale
Tool and equipment rental specialist HSS Hire Service Group is looking at strategic alternatives and might sell to a private equity group before the end of 2012, the Manchester Evening News reported....
Riwal CEO to Keynote Europlatform Conference
Norty Turner, CEO of international aerial work platform rental company Riwal, will be the keynote speaker at the Europlatform conference in Edinburgh, U.K., Sept. 20....
Russian Rental Association to Hold Rental Conference on Third World Rental Development
The Russian Rental Association will hold its third annual rental conference in October, devoted this year to the analysis of Russian and other developing rental markets, such as those of Brazil, India, Romania, Ukraine and Belarus....
Ramirent Posts 22.3-Percent First-Quarter Net Sales Jump
Ramirent, international rental company with branches in 13 countries, posted a 22.3-percent net sales increase for the first quarter with €164 million (about U.S. $212.4 million), compared with €134.4 million in the first quarter last year....
Riwal Hires New International Sales Manager
International aerial work platform and telehandler rental specialist Riwal hired Arjen Snijder as international sales manager to help develop its equipment sales and cross border rental activities. ...
Orion Software Establishes Australian Subsidiary
Montreal-based rental software provider, Orion Software this week announced the establishment of an Australian subsidiary of its business to be headquartered in Melbourne, Victoria....
Terex and Russian Machines Form Joint Venture
Russian Machines and Terex Corp. this week completed the formation of a joint venture company for the manufacture of construction and roadbuilding equipment in Russia....
U.K. Prime Minister Cameron Visits CNH Plant
CNH’s manufacturing plant in Basildon, U.K., received a visit this week by U.K. Prime Minister David Cameron and Deputy Prime Minister Nick Clegg....
Moderate Q1 Growth for Europe’s Cramo
International equipment rental giant Cramo posted first-quarter consolidated sales of €160 million (about U.S. $209.4 million), compared with €144.2 million a year ago, a 10.9-percent increase....
Finning Completes Acquisition of Bucyrus Distribution Business in South America and U.K.
Finning International said this week that it has completed its acquisition from Caterpillar of the former Bucyrus distribution and support business in portions of South America and in the U.K....
Russian Rental Report Forecasts Dramatic Growth in Russian Rental Industry by 2015
The Russian rental industry will grow much faster than other industries of the Russian economy such as mining, construction and utilities according to a forecast prepared by RusRental, the Russian equipment rental association....
Terex Cranes Names Titan Equipment Crane Distributor in New Zealand
Terex Cranes today announced Titan Construction Equipment Ltd., previously known as Titan Plant Services, as an authorized crane distributor in New Zealand for all-terrain, rough-terrain, pick & carry and crawler cranes as well as used cranes, service and parts....
Volvo Breaks Ground on Russia Facility
More than 200 guests attended the ground-breaking of Volvo Construction Equipment’s factory last week in Kaluga, Russia....
High-Reach Rental Specialist Lavendon Posts First-Quarter Growth
U.K.-based aerial equipment rental specialist Lavendon said its overall revenues for the first quarter increased 8 percent compared with the first quarter of 2011 in its interim statement....
Sany Founder and Chairman is Candidate for Communist Party Congress
Liang Wengen, one of China’s wealthiest people and chairman and co-founder of Sany Heavy Industry, is one of 72 candidates to represent his native Hunan Province at the 18th Communist Party congress to be held this year, Forbes magazine reports....
Speedy Hire Expects Good Results Despite Disruptions
U.K. equipment rental giant Speedy Hire this week released a trading update in advance of its May 16 announcement of its preliminary results for the fiscal year ended March 31....
Atlas Copco Opens a Customer Center in Senegal
Atlas Copco has established a customer center in Dakar, Senegal, to strengthen relations with customers in the construction industry and other customer segments in the region....
Caterpillar to Sell Part of Bucyrus Distribution Business to Cat dealer Ferreyros
Caterpillar Inc. and Ferreyros S.A.A. have reached an agreement for Ferreyros to acquire from Caterpillar the distribution and support business formerly operated by Bucyrus in Peru. ...
Caterpillar Receives China’s Approval for ERA Acquisition
Caterpillar Inc. this week received notification from the Ministry of Commerce of the People’s Republic of China (MOFCOM) that it has formally approved the company's planned acquisition of ERA Mining Machinery Limited....
Caterpillar to Sell Part of Bucyrus Distribution Business to Cat Dealer WesTrac
Caterpillar Inc. last week announced the company has reached an agreement with WesTrac Pty Ltd., a wholly owned subsidiary of Seven Group Holdings Ltd., to acquire from Caterpillar the distribution and support business formerly operated by Bucyrus in Western Australia, Australian Capital Territory and New South Wales. The transaction is valued at approximately U.S. $400 million. ...
Deutz Introduces Range of Tier 4 Engines at Intermat
At Intermat 2012, Deutz AG will be introducing for the first time the entire range of Deutz engines and DVERT components for the EU Stage IV/U.S. EPA Tier 4 emissions standards....
IPAF Safety Zone to Host Urban Art Display at Intermat
A colorful piece of urban art focusing on powered access safety will be created during the Intermat construction show in Paris April 16-21 in the IPAF Safety Zone in the Outdoor Area E2, Stand B064....
Aggreko Acquires Brazilian Power Supplier
Aggreko plc, the global leader in the supply of temporary power and temperature control solutions, has entered into an agreement to acquire the entire share capital of Sao Paulo-based Companha Brasileira de Locacoes ("Poit Energia"), a leading provider of temporary power solutions in South America, for R$404 million (about U.S. $221 million)....
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