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Rental

Construction equipment rental company has a new owner
Private equity firm Eberhart Capital has bought Contractor Sales & Service Inc. in Des Moines.
Des Moines Register – 7/9/2014

Illini Hi-Reach to Break Ground on Indiana Corporate Headquarters
Illini Hi-Reach, aerial work platform and material handling rental specialist, will relocate its corporate headquarters and service hub from Lemont, Ill., to Crown Point, Ind., owner and president Larry Workman told RER.
RER – 7/9/2014

Carlisle appointed Maxim CEO
Bryan Carlisle has been appointed chief executive officer at Maxim Crane in the USA, one of the world's largest crane rental companies.
International Cranes – 7/3/2014

Rental Revenue Growth Rate Up, Baird Q114 Survey Shows
Rental revenue growth rate trends accelerated to high single digits from the mid-single-digit growth seen in the fourth quarter of 2013 with average rental and utilization rates holding relatively constant, but at healthy levels, according to the latest Baird/RER rental equipment survey.
RER – 6/27/2014

Sunstate Equipment Becomes IPAF Training Center
Sunstate Equipment, one of the Southwest's largest equipment rental companies, recently became an International Powered Access Federation (IPAF) Training Center and several people from their training department have become approved instructors for the AWPT (American Work Platform Training) operator training program.
Construction Equipment – 6/20/2014

Sunbelt Parent Ashtead Reports Profits Up 50% from Last Year
Ashtead Group PLC, parent to US-based Sunbelt Rentals, reported higher profit and revenue for the fourth quarter of its last financial year and for the year as a whole, as it invested in expanding its fleet and in acquisitions.
forconstructionpros.com – 6/18/2014

Sunbelt Rentals Volume Leaps 20 Percent in Fiscal 2014
North America's second largest equipment rental company Sunbelt Rentals posted a 20.2-percent total volume increase for its full fiscal year 2014, ended April 30.
RER – 6/18/2014

Change at the top for Ritchie Bros
Ravi Saligram has been named the new CEO of equipment auction company Ritchie Bros, succeeding Peter Blake, who is to leave the company in July.
International Rental – 6/17/2014

Trico Lift Holds Open House at New HQ
Trico Lift's recent open house and grand opening of its new headquarters in Mickleton, N.J., kicked off with a ribbon cutting ceremony that included Trico Lift board chairman John Michael Paz, president and CEO Chris Carmolingo, CFO Mike Timken, and East Greenwich, N.J., Township mayor, Dale Archer.
Lift & Access – 6/15/2014

BigRentz.com Grows to Over 5,000 Locations Nationwide
BigRentz.com, a nationwide online platform for construction equipment rentals, is now in over 5,000 locations nationwide. Just one year ago, the company had a network of only 1,000 locations through 60 equipment providers.
ForConstructionPros.com – 6/11/2014