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Aggreko reorganises divisions and management
Aggreko has announced a new management structure dividing its business into three regional areas: the Americas; Europe, Middle East and Africa (EAMA); and Asia Pacific and Australia (APAC).
Standard & Poor's highlights US rental growth
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.
Acme Lift granted $75 million loan
Re-rental company Acme Lift Company, LLC, has agreed to a $75 million asset based credit facility with GE Capital.
VDMA forecasts 2013 manufacturing increase
Outlook is for 2% growth in German machinery production next year
Ritchie Bros on course for first Chinese auction
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.
New distributor for used AWPs and forklifts
A new distributor and exporter of powered access equipment and forklift trucks has been established in Belgium.
Power rental market forecast to double by 2017
The worldwide power rental market will more than double in size to US$17 billion by 2017 according to a new report by a US market research company.
Ahern Rentals granted extra time
Las Vegas-based Ahern Rentals has been given two more months to organize its Chapter 11 bankruptcy case.
Europe’s construction output falls again
Data for June shows EU output fell 5.8% year-on-year, fuelled by declines in Portugal, UK, Hungary and Slovakia
Komatsu UK celebrates 25th anniversary
Birtley, UK factory celebrates silver anniversary. It has manufactured 59,000 machines over the years, with a total value of € 4.8 billion.
GAP Group anticipates move into power and access rentals
UK plant and tool hire company GAP Group is to establish more specialist divisions to add to the Lifting and Non-mechanical plant divisions launched in the past three years.
Komatsu sees Chinese sales cut in half
A slowdown in the Chinese excavator market, along with adverse currency effects led to a fall in Komatsu's first quarter revenues, despite a strong improvement in the Americas.
US$ 17 billion for US transport projects
Large increase in federal funding could leverage up to US$ 50 billion in infrastructure investments
Putzmeister acquires Intermix
Putzmeister to start distributing Intermix concrete mixers worldwide
Further fall in Europe’s construction output
European Union sees output fall 6.9% year-on-year in May
UK construction output falls again
May 2012’s output was 6.3% lower than last year, with sharp falls in public housing and infrastructure output
Mixed UK market outlook
Mixed trading updates from Carillion and Taylor Wimpey contrast with downbeat CPA forecast
Congress approves US Highway Funding Bill
“Long overdue” US$ 105 billion legislation will provide two years of market certainty
Administrator seeks buyer for Blythewood Plant Hire
Administrators are talking to potential buyers of Blythewood Plant Hire after its parent company, Doyle Plc, entered administration on 21 June.
ALEC president highlights risks to Brazil's rental sector
An over reliance on imported equipment will damage the Brazilian rental sector in the long run and damage the economy as a whole, said Marco Aurélio da Cunha, president of Brazilian rental association ALEC during the recent M&T Expo show.
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