Instrument rental "boom"

By Patrick Hill10 October 2008

An Ashtead Technology Rentalsl gas tester on site.

An Ashtead Technology Rentalsl gas tester on site.

Ashtead Technology Rentals said it has seen a "boom in demand" over the last few months, despite turmoil in economic and business climates. The company, based in Hertfordshire, UK, and operating world wide, rents instruments for environmental monitoring, health and safety checking, materials testing, and remote visual inspection.

General manager James Carlyle said, "Nervousness and uncertainty certainly causes companies to reduce or delay capital expenditure. However, testing, monitoring and inspection work is vital for a number of reasons, including regulatory compliance, quality control, health and safety, and environmental protection. So, even in difficult times, this work still has to take place and undertaken using appropriate technology."

The company also said that current conditions increase the rental benefits of reducing financial risk and freeing capital. It also is experiencing " expansion in demand for particular instruments employed in environmental monitoring, occupational hygiene and quality control."

Latest News
United Q2 revenues on par with pre-pandemic levels
United Rentals increases full-year guidance after announcing Q2 equipment rental revenues of $1.951 billion, up 18.8% year-over-year
Bauer India starts on Teesta VI Hydro Electic project
Foundation and geotechnical works to help generate 500MW of electricity harvested from the natural flow of the Teesta River in India
Meester named president of Genie
Industry veteran’s career includes stints at Eaton, Caterpillar and Sandvik