July 2008
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INDUSTRY NEWS
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| Essex Crane Rental Jumps Q1 Rental Revenue 29 Percent |
Buffalo Grove, Ill. — Essex Crane Rental Corp. said first-quarter equipment rental revenue rose from $10.8 million in last year's first quarter...
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| European Rental Industry Tops $36 Billion, Study Affirms |
Europe — The rental industry in Europe grew 12 percent in 2007, compared with 2006, bringing the size of the market to €23.5 billion in volume...
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| HERC Opens Renovated Rental Facilities |
Park Ridge, N.J. — Hertz Equipment Rental Corp. celebrated the re-opening of its Pelham, Ala., facility on June 13, and the renovation of its Gilbert,...
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| Investment Fund Sues Cerberus Over United Rentals Pullout |
New York — A New York-based investment fund last month sued Cerberus Capital Management for fraud in response to its failed buyout of United Rentals...
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| IRE Brings Manufacturers and Rental Companies Together |
Amsterdam, The Netherlands — The inaugural International Rental Exhibition, which brought about 1,500 attendees to visit the stands of the 135...
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| Maxim Stockholders Approve Private Equity Acquisition |
Bridgeview, Pa. — Stockholders of Maxim Crane Works Holdings approved the merger agreement between Maxim Crane Works and affiliates of Platinum...
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| NES Rentals Completes $500 Million Fleet Modernization Initiative |
Deerfield, Ill. — NES Rental Holdings completed a four-year, $500 million fleet modernization plan as part of its strategic realignment to focus...
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| RSC Gets Smart With New Sales VP |
Scottsdale, Ariz. — RSC Equipment Rental named Sunbelt Rentals founder Thomas Smart, a veteran of 27 years in the equipment rental industry, to...
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| RSC Launches Solid-Tire Initiative With JLG |
Scottsdale, Ariz. — RSC Equipment Rental announced the launch of a solid-tire initiative with aerial work platform and forklift supplier JLG Industries...
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| Solutions by Computer Acquired by Constellation Software; Shea to Remain |
Springfield, Mass. — Solutions by Computer recently announced that Constellation Software has completed the purchase of certain assets of the company...
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| Trico Lift Opens Connecticut Branch |
Millville, N.J. — Trico Lift, a full-service aerial lift company, has opened its seventh branch location, in Plainville, Conn. The company's fleet...
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| United Rentals to Buy Back Up to 27 Million Shares |
Greenwich, Conn. — The board of United Rentals has approved a “modified Dutch auction” tender offer to purchase up to 27.16 million...
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FROM THE EDITOR
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| Countering Supply Chain Inefficiencies |
People in the rental industry — both rental companies and suppliers to it — have been talking a lot lately about costs. Obviously the cost...
Michael Roth, mroth@rermag.com |
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PRODUCT SPOTLIGHT
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| breakers |
Wacker Neuson The EH 27 Low Vib electric breaker from Wacker Neuson offers more power with less hand/arm vibration. The electric breaker weighs 60 pounds...
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| heating & ventilation |
Temp-Air The CH-Series of portable heaters from Temp-Air are designed for versatility with higher discharge temperatures and comparatively low air capacities....
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| outdoor power equipment |
John Deere John Deere's 110 tractor loader backhoe (TLB) features a 43-hp Yanmar diesel engine and the power and economy of direct fuel injection. The...
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General
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| Bringing What the Customer Wants |
Two years ago, JLG went to its customers and asked what they were looking for in compact telehandlers and here are the answers they gave. The first response...
by Michael Roth, rer |
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| Case Chops Ground at Tomahawk |
Case Construction Equipment broke ground last month on its new Product Review Center at the Case Customer Center in Tomahawk, Wis. RER was on hand for...
By Brandey Smith, rer |
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| Circle of Service |
Symbiotic is an appropriate word to describe the relationship between a rental company and its suppliers. Without one another, neither would be as successful....
By Brandey Smith, rer |
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| Cooperative Service Training |
The need for qualified service technicians is well documented in the construction and rental industries. Almost every equipment dealer has machinery...
By William Hindman |
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| Coping With Costs |
For every equipment rental, there are at least three major players involved. There is the manufacturer, the rental company and the end user. To be successful,...
By Michael Roth and Brandey Smith, rer |
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| Easy Serviceability and Maintenance Enhance Compact Excavator |
Kobelco Construction Machinery America introduces the 17SR Acera zero-tail-swing compact excavator. The 17SR features a 15.2-hp, three-cylinder, Tier...
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| Multi-Tasking Attachment Affords All-Around Precision |
Atlas Copco Construction Tools introduces the MG 1500 hydraulic demolition multi-grapple attachment that is designed for sorting and loading rubble,...
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| Pressures on the Supply Chain |
We've all read quarterly reports showing strong revenue growth and profit numbers on the part of major manufacturers. But those numbers belie the fact...
By Michael Roth, rer |
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| Skidding OBSTACLES |
Participants: Pierre-Laurent Verdon, industry manager, skid-steer loaders and multi-terrain loaders, Caterpillar North American Commercial Division,...
By Katie Eagan Ernzen, rer |
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| Stay up to speed with new rental industry technologies and innovations. |
What's In a Name? Irvine, Calif.-based Wynne Systems unveiled a new name for the hosted version of its RentalMan software product. Previously known as...
By Katie Eagan Ernzen, rer |
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| Updated Loaders Allow Operators More Comfort and Visibility |
The new 524K (pictured) utility-sized, 4-wheel-drive loader joins John Deere's K-Series loaders that include eight other updated models. All K-Series...
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| Versatile Excavator Digs in Hard-to-Reach Jobsites |
The on/off pavement XL 3300 III excavator from Gradall Industries weighs 39,294 pounds and offers productivity and versatility on a wide range of jobs....
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| Warming Up Winter Worksites |
When the mercury starts dropping in the fall, general contractors and construction managers must maintain proper temperature, relative humidity and ventilation...
By Scott Brainard and Larry Petrak |
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| what else is new? |
WEG Electric Motors has developed a control regimen for standard totally enclosed fan-cooled induction motors. This OptimalFlux technology is designed...
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