All Business & Finance Articles

Hertz Equipment Rental Corporation (HERC) has acquired Rent One Italy, a power rental company based near Siena that rents equipment in the telecom and events sectors. The acquisition price has not been disclosed.

Australian heavy equipment rental company Emeco is to sell its civil construction rental business in Victoria and will concentrate on serving mining customers worldwide.

Speedy Hire said its growing industrial and infrastructure related business was helping it develop wider outsourcing services beyond the simple ‘hire’ of equipment.

Volvo dealer Swecon has boosted its operations in Germany by acquiring Baumaschinen Könicke, the Volvo dealer in northern Germany. Swecon is Volvo’s dealer in central Germany.

Atlas Maschinen in Germany has completed its purchase of Terex Atlas UK and renamed the company Atlas Cranes UK Ltd

Private equity investment firm The Sterling Group has completed the acquisition of B&G Crane Services in the USA

Gammon Construction and Leighton Asia JV have been awarded a US$ 370 million contract by Hong Kong's rail operator.

John Deere’s construction equipment sales enjoyed a sharp improvement in the third quarter of the financial year.

Construction Europe’s Chris Sleight reviews the CE-100 league table of the region’s 100 largest construction companies.

United Rentals and Fluor's AMECO form JV for plant maintenance and turnaround activities in the oil and gas sector

Having operating in the US and Canada for the past 15 years under the ReachMaster name, the company is changing its name to Skako Lift, Inc. in an effort to align it with a new global corporate identity.

The industry is still confident about the future, but there was a slowdown in August. Was it a seasonal slowdown or a more profound change.

China's CCCC wins US$ 130 million Xiangjiang River Bridge contract

International consortium to build US$ 2 billion city-wide rail link concession

HSS Hire Service Group (HSS) has maintained its good first quarter performance with second quarter revenues up 15% to £40 million compared to the same quarter a year ago.

Buoyant markets in Australia & Asia deliver best ever year and strong order book.

The UK’s largest 75 equipment rental companies saw their revenues drop by 13% on average in the most recent financial year, and are unlikely to see a significant return to growth over the next 12 months, according to the annual Plant Hire Investment Report 2009/10 by Catherine Stratton.

Caterpillar is expanding its compact loader facility in Sanford, North Carolina, with the addition of a 270000 ft2 building for logistics and robotic welding fabrication technology. Cat said the facility will allow it to meet growing worldwide demand for skid steer, compact track and multi-terrain loaders.

Dubai-based Rental Solutions & Services Ltd (RSS) has raised US$15 million in extra credit facilities to support its growth plans, including the addition of 50 MW of large gensets for major power projects.