All General Articles

Manitou and Toyota to end forklift agreement in France
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.
Xylem expands Godwin plant
Pump equipment producer breaks ground on Godwin factory extension in New Jersey, US
Canadian authorities request more information on United-RSC deal
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.
€200 million made available for TEN-T projects
EU funding will support transport infrastructure developments throughout Europe
Europe’s construction output edges upwards
Double digit increases in Romania and Poland offset declines in Portugal, Bulgaria and Slovenia
German construction sector to slow
The German Construction Industry Federation has forecast revenue growth of 2.5% in 2012
Construction decline in Slovenia to decelerate
Sector remains weak after being hit hard by the economic downturn, but signs of improvement in civil engineering
Merlo increases turnover and exports
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.
Australian construction market shows improvements
Sector still in decline, but pace slows thanks to increases in resource-related construction
Ahern to start borrowing on bankruptcy loan to pay debt
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.
Kneeland: ‘timing is right’ for RSC deal
Michael Kneeland, United Rentals chief executive officer, said the timing was perfect for the acquisition of RSC Equipment Rental.
MVS Zeppelin rebrands as Zeppelin 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.
Boost for global cement demand
Demand forecast to rise +5.4% per year to 4.3 billion tonnes in 2015, fuelled by Asia Pacific growth and mature market rebound
Rental software company Insphire opens US office
UK-based rental software company Insphire has established a permanent US sales office, located in Houston, Texas.
Year-on-year fall in output
Declines in Slovenia and Portugal drive 2% year-on-year fall in Europe’s (EU27) construction output in October
Editor’s Comment: United Rentals buys RSC
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 to boost EMEA construction in 2012
Transport concessions and international footprint will help insulate sector in 2012, but outlook remains weak
Volvo Rents buys Midwest Aerials & Equipment
Volvo Rents has acquired Midwest Aerials & Equipment, the four-depot aerial platform rental firm headquartered in St Louis.
Riwal scales down in Spain
Riwal is to reduce its Spanish fleet by around 25% to 1500 units but said it remained absolutely committed to the Spanish market.
Liugong expands finance programme to Europe
Chinese equipment manufacturer to introduce customer leasing and financing programme
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