All Business & Finance Articles
Ratings agency Standard & Poor's said it believes that a structural shift towards rental could explain the increasing demand for construction equipment rentals in the US since 2010.
Re-rental company Acme Lift Company, LLC, has agreed to a $75 million asset based credit facility with GE Capital.
Americ Machinery, the US-based company that sells used machines from Japanese rental company Nikken Corp, is partnering with industrial equipment firm bidadoo Auctions to create an online equipment auction house called Quantos Auctions.
Private equity firm Carlyle Group has acquired a 25% share of Brazilian rental company Grupo Orguel. The price was not disclosed.
ReachMaster, Inc., has taken over the assets and activities of Skako Lift, Inc., which include the representation of ReachMaster Falcon, Bluelift and Denka compact aerial lift product lines.
Outlook is for 2% growth in German machinery production next year
Sales for Haulotte in the first half of 2012 - to 30 June 2012 - increased 25% compared to the same period in 2011.
Ashtead Group ups its full year guidance and reports record pre-tax profits for the three months to the end of July 2012.
Ritchie Bros Auctioneers remains on course to hold its first auction in China early in 2013 with regulatory approvals moving forward and an auction site in Beijing being lined up.
One of the pioneers of aerial platform rentals in China, Beijing XYZ Co Ltd, has expanded its operations into western China and is contemplating a move into crawler crane and power rentals.
US trench and traffic equipment rental company National Trench Safety (NTS) has launched a new national account programme and recruited an experienced trench safety executive to lead the initiative.
Manitou has reported a 20% increase in turnover for the first half of 2012 compared to the first half of 2011 and an upturn in profit of 22%. However, president and chief executive officer Jean-Christophe Giroux said progress was slower than expected because of a number of internal and external factors.
A new distributor and exporter of powered access equipment and forklift trucks has been established in Belgium.
Germany’s HKL Baumaschinen has opened its second depot in Austria, in Linz, just two months after establishing its first depot in the country.
Coates Offshore, the oil and gas rental business in Aberdeen, UK and owned by Coates Hire of Australia, has completed a £17 million fleet investment programme in support of its international growth strategy.
The worldwide power rental market will more than double in size to US$17 billion by 2017 according to a new report by a US market research company.
Nationwide Platforms has taken delivery of its latest large truck mounted platform, a 70 m Bronto S70 XDT. This follows the investment in an 84 m Bronto before the summer.
US luxury homebuilder reports jump in net income and revenues in nine-month results
The industrial division of Canadian company Linamar, which largely includes Skyjack, saw sales increase 48.6% or CN$48.6 million from Q2 2011 to CN$148.6 million. The sales increase was "primarily due to significant increases in demand in the access equipment markets resulting from fleet replacement initiatives," Linamar said in a statement.
Las Vegas-based Ahern Rentals has been given two more months to organize its Chapter 11 bankruptcy case.
partnercontentplaceholder
blockintro
partnercontentplaceholder
blockintro
partnercontentplaceholder
blockintro
partnercontentplaceholder
blockintro