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OUTLOOK 2004
Can employee ownership improve a company’s performance? How fast will Home Depot grow? Are better used equipment bargains on the horizon? These are just a few of the issues tackled by industry figures in this, the second part of RER’s annual Outlook series.
Mar 1, 2004 , Rental Equipment Register
RE-ENTRY TO RENTAL
The rental industry is beginning a reawakening as its entrepreneurs are coming back, their non-compete agreements finally reaching completion. They have...
Feb 1, 2004 , Rental Equipment Register
OUTLOOK 2004
Where will the growth come in rental in the coming years? Will rental rates really rise in 2004? Is there more consolidation to come? What do rental...
Feb 1, 2004 , Rental Equipment Register
BACK IN DEMAND
If the crystal ball gazers are correct, and 2004 does bring about a positive turnaround in the economy, then the gluttonous used equipment market may...
Feb 1, 2004 , Rental Equipment Register
WORK “ON,” NOT JUST “IN”
My partner, Fred Hageman, and I have a saying: “You're either going forward or you're going backward, you never stay the same.” We see this...
Feb 1, 2004 , Rental Equipment Register
Admar Adds Five to Sales Staff
Rochester, N.Y.-based Admar Supply Co. recently added four new sales representatives and one sales manager to its organization, the company said.
Jan 20, 2004 , RER
NationsRent Hires Chief Information Officer
NationsRent last week hired former technology executive James Haid as executive vice president and chief information officer.
Jan 20, 2004 , RER
Investment Group to Acquire Woods Equipment
San Francisco investment group Genstar Capital Partners III has reached agreement to acquire Oregon, Ill.-based Woods Equipment Co., a manufacturer of attachments and implements for the lawn and landscape, agricultural and construction markets.
Jan 20, 2004 , RER
Home Depot Announces 2004 Financial Targets
Atlanta-based Home Depot last week said that it expects to deliver fiscal year 2004 sales growth of between 9 to 12 percent and earnings growth of between 10 to 14 percent, excluding the estimated impact of EITF 02-16.
Jan 20, 2004 , RER
Dean Rental Services Adds KC Cat Rental Store
Dean Rental Services, a division of Kansas City, Mo.-based Dean Machinery, Caterpillar dealer for western Missouri and northeast Kansas, recently opened its third Kansas City-area Cat Rental Store.
Jan 20, 2004 , RER
Sunbelt Parent Sells Irish Rental Division
British equipment rental giant Ashtead plc last week sold its Irish businesses to McCormick MacNaughton, the Caterpillar dealer for Ireland, for about $22 million.
Jan 20, 2004 , RER
Attendance Up 20 Percent at AED Show
Attendance increased 20 percent at the Associated Equipment Distributors 85th annual meeting in Orlando, Fla., Jan. 8-10, AED officials said.
Jan 20, 2004 , RER
NES Close to Chapter 11 Emergence
National Equipment Services, which has been under Chapter 11 bankruptcy protection since June, has a hearing scheduled for later this week to present its documentation on a plan to emerge from bankruptcy protection, according to sources close to the situation.
Jan 20, 2004 , RER
25 TRENDS THAT MIGHT MATTER (PLUS ONE BONUS SUGGESTION)
After the big boom of the mid-to-late 1990s, the age of consolidation from 1997 to 2000, and the great downturn of 2001-2003, the rental industry is...
Jan 1, 2004 , Rental Equipment Register
Manitowoc Plans Restructuring
The Manitowoc Co., Manitowoc, Wis., last month announced that Manitowoc Crane Group presented plans to restructure its Manlift aerial work platform businesses,...
Jan 1, 2004 , Rental Equipment Register
Husqvarna, Transamerica Enter Inventory Financing Agreement
Qualified Husqvarna dealers will now have a new alternative for inventory financing services as a result of Husqvaran's recently completed agreement...
Jan 1, 2004 , Rental Equipment Register
PEOPLE
Fil Filipov, president and CEO of Terex Cranes, Westport, Conn., retired January 1, 2004, from full time employment with the company. Filipov will continue,...
Jan 1, 2004 , Rental Equipment Register
Canadian Court Accepts United’s Bid for Skyreach
United Rentals last week reached an agreement to acquire St. Albert, Alberta-based Skyreach Equipment, the Edmonton Journal reported. Saddled...
Dec 23, 2003 , RER
Finning Sells $30 Million in Heavy Equipment to Chilean Mining Firms
Vancouver, B.C.-based Finning International sold $30 million worth of Caterpillar heavy equipment to three large Chilean mining contractors, according...
Dec 22, 2003 , RER
Deere & Co Consolidates Ownership in Nortrax
Deere & Co., said last week it would buy an extra 42 percent stake in Nortrax Inc., a Deere dealership, from the private equity arm of Credit Suisse...
Dec 22, 2003 , RER
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