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Oshkosh Corporation, which owns JLG has announced the opening of its new manufacturing plant in Tianjin, China. The facility is producing JLG access equipment for China and other Asian markets. The company says that the new factory is another milestone in its commitment to the important Far East markets.

Cummins Power Generation will increase its genset prices by 3.5% on average from 1 January next year.

Gunsen facility has the capacity to manufacture 4000 large machines per year without any parts storage or forklift trucks.

Russian infrastructure contractor hopes to raise up to US$ 496 million

Continued demand in emerging markets lifts sales and profits.

Indian crane rental company Sanghvi Movers Ltd has signed one of the largest crawler crane orders in recent years with Terex Cranes

RSC Equipment Rental reported a 5.7% increase in revenues to US$334 million for the third quarter of 2010, with rental revenues up 7.3% to $292 million. RSC made a net loss of $6 million in the period, the same as in the equivalent quarter of 2009.

Terex Corp’s AWP division reported a 41.2% increase in sales to US$280.9 million for the third quarter of 2010 and the division made an operating profit of $14.3 million, reversing the $49.5 million loss made in the same quarter a year ago.

Linamar Corp has appointed an executive from its automotive components business, Ken Myers, to replace Steve Shaughnessy as president of Skyjack.

Caterpillar reported an almost doubling of profits to US$792 million for the third quarter of 2010 on revenues that were up 53% to $11,1 billion.

United Rentals reported a 2% increase in revenues to US$605 million for the three months to 30 September, with rental revenues increasing by 6% to $507 million. The company made a net profit of $23 million compared to break-even in the same quarter in 2009.

Haulotte said a 73% jump in sales to Latin America helped its third quarter revenues increase by 30% to €63.2 million. Sales for the year to date were up 20% at €177.6 million, with new equipment sales up 25% to €131.3.

Sales, profits and export volumes all reach new highs.

October saw sentiment on European construction activity soften again, although it remained comfortably in positive territory.

European rental companies plan to slowly increase their investment in equipment fleets over the next few years, although not to the same levels as the peaks of 2006 and 2007, according to the results of the recent ERA/IRN RentalTracker survey for the third quarter of 2010.

From the beginning of October 2010 TVH Parts has taken over the business of battery specialist Ruben Power BVBA.

UK company Blade Access has been sold for an undisclosed sum and will now be renamed Blade Access Specialists Ltd. The company will focus on the access rental market and, in particular, the truck mounted platform sector. Mark Bell will be a director of the new Specialists company.

Last month Italian manufacturer Barin delivered three bridge inspection units, AB6.5 Combi to Vietnam for bridge maintenance

Speedy has established an on-site rental depot at the massive Cairo Festival City development in Cairo, Egypt. It is the UK rental company’s first major contract in North Africa.

Majority of ownership has indicated approval to issue up to 157 million new shares.