Skyjack Preparing China Operations
Skyjack Inc., the Guelph, Ontario, Canada-based manufacturer of aerial work platforms, recently obtained its business license to operate in China, new president Steve Shaughnessy told RER at the recent ARA show....
Aggreko to Supply Temporary Power to Panama and Oman
Aggreko, the world leader in the provision of temporary power and temperature control has signed two major international contracts worth an estimated $75 million, the company said last week, for the supply of 215 MW of temporary power in Panama and Oman....
New Show to Spotlight Powered Access Equipment Announced
A new show called ELEVarte (Elevation + Art) is currently being organized to let visitors experience powered access equipment in a fun and relaxed environment. ELEVarte is planned for Sept. 17-18 in Madrid, Spain, at the exhibition grounds El Olivar – Alcalá de Henares....
Australia’s National Hire Group’s Fiscal First-Half Profits Decline
Australian equipment rental company National Hire Group reports a decrease in fiscal first half profit, but said the decline was within the guidance presented at the company’s annual general meeting last year. Net profit dropped to AU $2.8 million (about U.S. $2.5 million) for the half year ended Dec. 31, compared with AU $15.3 million for the same period a year ago....
Business Stabilizing, Speedy Says
Speedy Hire Plc, the U.K.’s largest provider of tools and equipment said its trading increasingly stabilized during its fiscal third quarter ended Dec. 31 compared to earlier quarters. Early fourth-quarter trading has progressively recovered following the annual Christmas/New Year shutdown, officials said....
Tutt Bryant Profits Drop While Signs of Recovery Loom
Australian crane rental group Tutt Bryant said last week that profits for the first nine months of its fiscal year dropped 48.9 percent because of difficult business conditions. David Haynes, managing director of the company, called the results “disappointing,” as net profit for the nine months ended Dec. 31 fell to AU $6.7 (about U.S. $6 million), compared with AU $13.1 million for the previous corresponding period, with a 30-percent drop in revenue....
Ramirent Drops 28.5 Percent in Net Sales in 2009
Helsinki, Finland-based Ramirent posted a net sales decrease of 28.5 percent for the full year 2009, with revenue of €502.5 million (about U.S. $679 million) compared with €702.6 million in 2008. In the fourth quarter, net sales dropped 26.9 percent. Although the 13-nation rental company expects a challenging year in 2010, it expects positive cash flow and improved EBITDA....
Finning Gets $400 Million Letter of Intent from Chilean Mining Firm
Finning International, the world’s largest Caterpillar dealer, operating in Western Canada, Chile, Argentina, Bolivia, Uruguay and the U.K., this week said its South American division has received a letter of intent from Codelco, Chile’s state-owned mining company, to supply 20 Caterpillar 797 mining trucks and 15 pieces of support equipment, plus a 10-year maintenance and repair contract. The approximate value of the deal, including the maintenance services, is U.S. $400 million....
Fourth Europlatform Conference Coming to Madrid
Europlatform, the conference for European access professionals, will be held on Sept. 16, at the Hotel Eurostars Madrid Tower in Spain. The conference will take the theme of “Renting Smart.”...
Dutch Aerial Giant Riwal Names Senior Account Manager
Riwal, one of the world’s largest specialists in the rental and sales of aerial work platforms, named Dirk Konings senior account manager as of Feb. 1. Konings has worked in the powered access business 36 years. Since 2008, he has served as account manager for Platform Sales Europe, and has established a lot of international contacts. At Riwal, Konings will focus on international clients and projects....
UK’s Vp Expects Full Year Results in Line With Expectations
U.K.-based rental chain Vp plc said demand improved in January as a result of heavy snowfall. The Harrowgate, U.K.-based company said market conditions have remained stable. The company said it expects to report full-year results in line with market expectations, while general construction has remained challenging....
Briggs UK Names Chief Operating Officer
Briggs Equipment U.K. has named Chris Meinecke chief operating officer. Meinecke joins Briggs’ U.K. division after working with Briggs Equipment in the United States for 18 years. Meinecke is based at Briggs’ national headquarters in Cannock, Staffordshire....
Speedy’s Managed Services Division Tops £25 Million
Speedy Hire, the U.K.’s largest tool and equipment rental company, last week said its managed services division — which sources equipment from other suppliers on its customers’ behalf — has reached the landmark volume figure of £25 million (about U.S. $40.3 million). The division enables Speedy to supply a wide variety of specialist equipment to its customers through a range of partnerships with other market-leading specialists....
Tat Hong Incorporates China Tower Crane Rental Company
Singapore-based crane rental company Tat Hong has incorporated Si Chuan Tat Hong Yuan Zheng Machinery Construction Co., its new joint venture renting tower cranes in China, which it established in August 2009....
Singapore’s Sin Heng to Raise S$21 Million in IPO
Singapore-based crane rental specialist Sin Heng Heavy Machinery hopes to raise net proceeds of S$21.6 million (about U.S. $15.3 million) in an initial public offering in Singapore. It hopes to list on Singapore Exchange’s mainboard and is offering 168 million new shares at 26 cents each, according to wire service reports....
Hertz Corp. Names New Hertz International President
Hertz Corp. has promoted Michel Taride from executive vice president to president of Hertz International, the company said last week. Taride will be responsible for creating new joint business opportunities with the car rental and equipment rental operations in the Hertz International region....
Wynne Names Business Development Manager for Europe, Middle East and Africa
Rental software provider Wynne Systems last week named Carole Cossu business development manager, based in the company’s Antwerp, Belgium, office. Cossu will be responsible for expanding the client base of Wynne’s RentalMan and InfoManager software suites in Europe, the Middle East and Africa....
Holland’s Workx Names Former Aggreko Executive as CEO
Workx, a leading rental chain in the Netherlands, last week named former Aggreko executive Hendrik Jan Molenaar its new CEO....
Loxam Chooses Wynne Systems for Full-Scale Implementation
Rental software provider Wynne Systems last week said France-based Loxam, Europe’s largest rental company, will move forward with a full-scale implementation of Wynne’s RentalMan system in all of its locations, after a successful pilot of the system in Belgium....
Speedy to Provide Onsite Location for £500 Million London Project
Speedy Hire has secured an agreement with Bovis Lend Lease to provide on-site support at the £500-million (about U.S. $815 million) One New Change development in London. Speedy, the U.K.’s largest rental company, will be preferred supplier for a range of tools, equipment and training for the project, which is creating 340,000 square feet of office space and 220,000 square feet of shops, cafes and restaurants in the development, situated next to London’s St. Paul’s Cathedral....
Speedy Hire Signs International Partnership for Middle East and North Africa
U.K. rental giant Speedy has signed a five-year strategic services agreement with Al Futtaim Carillion, Carillion plc’s long-running joint venture in the Middle East and North Africa with the Al-Futtaim Group. The formal agreement follows the signing of a “Memorandum of Understanding” between Speedy and AFC in July 2009....
Ramirent Finland Inks Deal With National Construction Firm
Ramirent Finland has signed a five-year rental agreement with Oka Oy, a subsidiary of Lemminkainen Group, a construction company based in Kouvola, operating through five branches in southern Finland. Oka is also active in Russia. Oka is active in renovation and new construction of residential and nonresidential building as well as industrial and logistical facilities....
Speedy Invests in Ford Pickup Fleet
The U.K.’s largest tool and equipment rental company Speedy has invested £2.8 million (about U.S. $4.5 million) on 110 Ford Transit T350 drop-side pick-up trucks, the company said. The new delivery vehicle fleet has already begun service, transporting equipment between Speedy’s 400 nationwide branches and customer project sites....
Harsco Acquires Australia’s Bell Scaffolding Group
Worldwide industrial services company Harsco Corp. last week announced a purchase agreement to acquire Bell Scaffolding Group, one of Australia’s largest, privately owned infrastructure companies. Terms of the acquisition, expected to close in early January, were not disclosed....
Speedy to Provide Onsite Rental Facility for Europe’s Tallest Building
Speedy Hire, the U.K.’s largest tool and equipment rental company has entered into an agreement to provide an onsite rental facility to Mace, the construction company building the Shard development in London. Speedy will be the preferred supplier for a range of tools, equipment and training for the 310-meter- (1,017-foot-) tall building, currently under construction for completion in 2012, and set to become Europe’s tallest building....
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