All Business & Finance Articles

ArcGen Hilta buys genset and lighting specialist SMC
UK equipment distributor and pump manufacturer ArcGen Hilta has acquired Sandhurst Manufacturing Ltd (SMC), the lighting tower and genset manufacturer. The purchase price was not disclosed.
JCB maintains profits
JCB maintained 2008 profit levels last year despite its revenues falling by almost a third.
‘Worst may be over’ for US rental market says ARA
The US equipment rental market is starting to show signs of recovery although significant growth will only occur in 2012, reports the American Rental Association’s latest market study from forecasting firm IHS Global Insight.
Geo to build 9000 houses in Hidalgo
US$ 227 million development will expand Mexican house builder's presence to 17 states.
Cemex to supply Panama Canal expansion
Contract with GUPC consortium is for 0.5 million tonnes of cement.
Contract awarded for new Zambezi bridge
Mozambique government awards construction contract for new US$ 132 million bridge across Zambezi River to Estradas de Zambeze consortium.
Cement industry cuts carbon footprint
CO2 per tonne of cement falls due to more efficient kilns and alternative energy sources.
Komatsu increases forecasts
Better than expected growth in Asia and Latin America will mean more sales and profit this year.
RentalTracker survey for Q2: confidence continues to improve
There was a marked improvement in European rental business confidence at the end of the second quarter of 2010 according to the latest ERA/IRN RentalTracker survey for Europe.
A-Plant launches unmanned tool hire cabin
A-Plant has launched an unmanned Auto Tool Hire Unit that would be located at customers’ sites to provide instant access to tools.
Turkish dealer to open first Cat Rental Store
Turkish Caterpillar dealer Borusan Makina will open its first Cat Rental Store before the end of the year. The branch will be in Istanbul.
Hertz buys $8m entertainment rental company
Hertz Equipment Rental Corp (HERC) has acquired Californian entertainment rental company 1st Call Studio Equipment from RoadSafe Traffic Systems.
Haverkottes back in business with Prima Equipment
Roy Haverkotte and his father Harry have returned to the equipment sales and rental business with a new company, Prima Equipment, following the closure of the Emeco heavy equipment rental business in Europe earlier this year.
Manlift recieves Australia's first Niftylift HR21 hybrid
As part of a larger order Melbourne based Manlift Hire has taken delivery of the first Niftylift Height Rider 21 Hybrid platform to arrive in Australia.
Euroconstruct sees 2011 recovery
Construction output in Europe is expected to shrink another –4,0% overall this year before returning to moderate growth in 2011.
IRN100 2010: Full Report now available
International Rental News' annual list of the largest 100 equipment rental companies worldwide, with extra analysis by IRN editor Murray Pollok, is now available.
Eni and Snamprogetti to pay US$ 365 million bribery fines
Another settlement with the SEC and DOJ over corruption on the construction of Nigeria’s Bonny Island LNG plant.
Loxam buys Belgium's Locamachine
Loxam has acquired Belgian rental company Locamachine for an undisclosed sum. The acquisition will add five locations and revenues of €5 million to Loxam’s existing 10 branch operation in the country.
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