All Business & Finance Articles
UK rental company Charles Wilson Engineers (CW Plant) has placed a “significant order” with TowerLight UK for the VT1 SuperLight lighting tower.
Three of the biggest rental companies in Russia and one other founding partner have agreed to establish a Russian equipment rental association.
Aggreko has acquired Northland Power Services, a power rental company that services oil and gas companies in the Rocky Mountain region of the US. The price is US$26 million.
Lavendon rejects second approach from Belgian parts specialist TVH Services, the principle holding company of Group Thermote & Vanhalst.
Former Multiquip executives Roger Euliss, Steven Spence and Poonam Kapila have founded a light construction equipment company called Equipment Synergy International (ESI) to sell equipment globally.
United Rentals has opened three specialist power and temperature control rental locations in Washington State, North Carolina and Texas. The branches are located in Tacoma (Washington), Charlotte (NC), and Beaumont (TX).
The latest round of fiscal incentives by the Italian government have failed to make a big impact on sales of earthmoving equipment.
UK rental company Vp plc reported revenues of £71.1 million for the six months to 30 September, unchanged from the previous year, and operating profits down 12% to £9.9 million.
North American and European access markets will improve in 2011 but there is no guarantee that there will be a “real recovery” before 2012, said Alexandre Saubot, chief operating officer of Haulotte Group.
UK rental company Hydrex is investing more than £2.5 million in 20 new special rail-modified platforms from Platform Basket in Italy. The RR14 models are being sold to Hydrex by Platform Basket distributor Promax.
Offshore rental specialist Coates Offshore has appointed Connon Craig as regional business development manager for its UK and Russian operations. Mr Craig has a 20 year career in well services in the oil and gas sector.
Compaction equipment manufacturer Bomag said it will increase its prices by 3% from January because of higher material costs.
The French rental association’s third quarter survey shows that the rental market is recovering, with revenues up 9% from the second quarter and up 6% compared to the third quarter in 2009.
More than 150000 visitors attended bauma China 2010, a record for the show and 33% higher than in 2008.
Two of China’s largest access equipment manufacturers, Sinoboom and Dingli, are both targeting fast growing markets in developing regions.
A Volvo dealer in XinJiang province has established the first Volvo Rents business in China.
South African heavy equipment rental company MCC Plant Hire is aiming to establish a permanent footprint in sub-Saharan Africa and has already opened a depot in Mozambique.
The chief executive of Arc-Gen has told IRN that the company aims to triple its revenues by 2015, with 50% of its business generated outside the UK.
Cramo has added 75 floor grinders from HTC Sweden to its rental fleet in Sweden. The order comprises 30 single-phase HTC 420 models and 45 three-phase HTC 500 and 650 units.
Challenging market conditions in the UK are making it difficult for Speedy Hire to return to profit, but the company said trends in pricing, volume and revenues were improving and that it was continuing to make good progress in its new Middle East business.
Calculate the total cost of ownership and
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