All General Articles
Manitou and Toyota Material Handling Europe (TMHE) and have jointly decided to end Manitou's exclusive distribution agreement for Toyota forklifts in France from 1 January 2013.
Pump equipment producer breaks ground on Godwin factory extension in New Jersey, US
United Rentals and RSC announced on Monday that the proposed acquisition deal had passed one antitrust deadline in the US but that Canadian competition authorities had requested further information on the transaction.
EU funding will support transport infrastructure developments throughout Europe
Double digit increases in Romania and Poland offset declines in Portugal, Bulgaria and Slovenia
The German Construction Industry Federation has forecast revenue growth of 2.5% in 2012
Sector remains weak after being hit hard by the economic downturn, but signs of improvement in civil engineering
Paolo Peretti marketing manager of Italian telehandler and access platform manufacturer Merlo told Access International that the company's turnover was up a further 30% in 2011 continuing the trend the company has maintained during the recession.
Sector still in decline, but pace slows thanks to increases in resource-related construction
Following the news that one of North America's largest independent rental companies, Las Vegas-based Ahern Rentals, has filed for Chapter 11 bankruptcy in order to restructure around $500 million in debt, Dow Jones News services has reported that the company can begin tapping a $350 million bankruptcy loan from its big-bank lenders, mostly to pay off some of its debt.
Michael Kneeland, United Rentals chief executive officer, said the timing was perfect for the acquisition of RSC Equipment Rental.
MVS Zeppelin has rebranded as Zeppelin Rental, dropping the name of the Berlin company it acquired eight years ago and focusing instead on the brand of its parent, Caterpillar dealer Zeppelin.
Demand forecast to rise +5.4% per year to 4.3 billion tonnes in 2015, fuelled by Asia Pacific growth and mature market rebound
UK-based rental software company Insphire has established a permanent US sales office, located in Houston, Texas.
Declines in Slovenia and Portugal drive 2% year-on-year fall in Europe’s (EU27) construction output in October
You should never be surprised by acquisitions in the rental industry. That is true in particular of United Rentals, since it owes its status as the world’s biggest rental company to the more than 250 transactions it has made in the last 14 years.
Transport concessions and international footprint will help insulate sector in 2012, but outlook remains weak
Volvo Rents has acquired Midwest Aerials & Equipment, the four-depot aerial platform rental firm headquartered in St Louis.
Riwal is to reduce its Spanish fleet by around 25% to 1500 units but said it remained absolutely committed to the Spanish market.
Chinese equipment manufacturer to introduce customer leasing and financing programme