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Algeco sells Target for $820m

Modular space company Algeco is to sell its North American remote accommodations business, Target Lodging, to Platinum Eagle Acquisition Corp (PEAC).

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H&E announces CEO succession plan

John Engquist will step down as H&E’s CEO on January 1

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JLG financial debuts retail lending program

JLG Industries, Inc. has launched a new full-service retail lending program from JLG Financial. The retail financing program offers 100 percent financing as well as payment plans. The program is available in the United States.

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Perkins opens Kentucky logistics center

The new 37,000-square-foot facility aims to provide next-day parts delivery to customers

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ANSI A92 moves toward approval

The proposed standards have been submitted to ANSI for review

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Continued gains for Herc Rentals

The equipment rental company has reported its highest quarterly level since becoming a stand-alone company

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Trojan Battery acquired by C&D Technologies

C&D Technologies is the new owner of US heavy duty battery maker Trojan

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Ramirent surpasses its expectations

Nordic rental giant says market conditions remain favourable and posts increased sales and profits for the third quarter of the year.

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Pierre Boels at IRC: challenges and decision-making

Boels gives keynote address at the sixth IRC conference in Shanghai on 26 November.

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Algeco scotsman

Algeco sells Target for $820m

Modular space company Algeco is to sell its North American remote accommodations business, Target Lodging, to Platinum Eagle Acquisition Corp (PEAC).

Astaldi sign

Salini shows interest in Astaldi

Non-binding interest from Italian contractor after Astaldi filed for protection from creditors

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Multiple order for CPL

UK-based CPL’s has recieved orders for 78 Isuzu P130A pick up mounted platforms and 50 Klubb K42PL van mounted paltforms

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New records for Aecom

Revenue of US$20 billion and order backlog of $54.1 billion recorded for fiscal year 2018

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Tower cranes: luffing it up

New large luffing jib tower crane models are entering the high rise and general construction markets around the world. Heinz-Gert Kessel reports

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Sarens launches 5,000 tonne super heavy lifter

The latest SGC super heavy lift ring crane from Sarens, named Big Carl, is the largest in the series

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Kiewit Manson leads the way at World Demolition Awards

North American joint venture scoops top prize for collaborative bridge project

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Continued gains for Herc Rentals

The equipment rental company has reported its highest quarterly level since becoming a stand-alone company

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Strong growth for JLG

Net sales up 27.2% to $1.06 billion in the fourth quarter, operating income up 103.5% to $127 million

United rentals

United completes BlueLine acquisition

The company has completed its previously announced acquisition of BlueLine Rental from Platinum Equity for $2.1 billion in cash

JCB web

Advanced technology for new demands

How the industry’s breaker manufacturers are responding to changing customer requirements (free login required)

Business Conditions Now HIGH

Cautious optimism in Europe

Third-quarter ERA/IRN RentalTracker deems market conditions healthy, even if a hint of caution is becoming evident

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Speedy launches 4 hour London delivery

Company extends ’Capital Committment’ initiative launched earlier this year.

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JLG opens Atlanta service center

The facility is 14,400-square-feet and features eight service bays