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Dealers: Page 98
Dealers
Canada’s Toromont tenders its largest Cat dealer transaction in Hewitt acquisition
Calling it its largest transaction ever, Toromont Industries of Canada has offered to purchase Hewitt Equipment, also of Canada, to create one of the larger dealerships in the Cat network. The deal, valued at 1.02 billion Canadian dollars, or about $814 million U.S., would allow Tormont to expand to 120 branches in Nunavut, Manitoba, Ontario, […]
August 29, 2017
Dealers
Swint named GM-president of Travis Body and Trailer
Truck Bodies and Equipment International (TBEI) has named Stuart Swint as the new general manager/president of Travis Body and Trailer. TBEI is a Federal Signal company. Swint previously served as vice president of operations for Marco Group International. He also held roles of increasing responsibility for Evergreen Tank Solutions, Williams Scotsman and M&N Construction. “We […]
August 28, 2017
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Dealers
United Rentals buys power equipment assets from Cummins
Following the announcement last week of its plans to purchase of Neff Corporation, United Rentals says it has bought power equipment assets from Cummins, with service and equipment available immediately. The purchase gives the company Cummins’ mobile rental generator fleet made up of equipment with output ranging from 150 Kilowatts to 2 Megawatts. Cummins will […]
August 25, 2017
Dealers
Barko Hydraulics adds Crosby Equipment as new Georgia dealer
Barko Hydraulics has added Crosby Equipment Company as its new dealer for land clearing and logging equipment in Georgia. “Crosby Equipment Company is a great addition to our dealer network,” says Alecia McKay-Jones, dealer development manager for Barko. “They have strong knowledge of the forest products industry and are well positioned to serve loggers in […]
August 24, 2017
Dealers
H&E opens Durham branch, relocates Tampa operation
H&E Equipment Services has opened a new branch in Durham, North Carolina, marking the company’s fifth location in the state and bringing the total number of branches across the country to 79. The new site features a 16,000-square-foot building located on two acres and includes a fenced yard area, offices, parts warehouse and an eight-bay […]
August 23, 2017
Dealers
Deere Q3 net income soars 31%, construction/forestry sales up 29%
Deere & Company net income for the third quarter of fiscal 2017 increased 31.3 percent, compared to the same period last year, to reach $641.8 million, while construction and forestry division sales increased 29 percent. Total worldwide net sales and revenues increased 16 percent to $7.8 billion for the quarter compared to Q3 2016, with […]
August 22, 2017
Dealers
Equipment Roundup: Blade Buddy skid bucket for excavators; Manitou intros powerful MRT2470 rotating telehandler; Neal Generation IV sealcoating pumps; Kenworth details development of T880S
Neal Manufacturing launches retrofitting Generation IV sealcoating pumps Neal Manufacturing’s new Generation IV sealcoating pumps require less frequent routine maintenance than previous versions and can be retrofitted to existing asphalt trucks. “Customers are continually seeking ways to increase productivity, and once again we listened,” says Jim Farrell, CEO of Neal Manufacturing’s parent company Blastcrete. “Our […]
August 22, 2017
Dealers
Business Roundup: Finning Q2 revenue up 21%; Komatsu Q1 sales up 44%; Takeuchi-US adds Courson Equipment; ARA drops rental forecast
Largest Cat dealer Finning Q2 revenue jumps 21% Second quarter revenue for the largest Caterpillar distributor Finning International jumped 21 percent to $1.58 billion, compared to the same period last year, driven by a 46-percent increase in new equipment sales on a consolidated basis. The company also cites product support revenue growth of 13 percent, […]
August 22, 2017
Dealers
General Equipment names Dahl VP of sales
Equipment manufacturer General Equipment has named Randy Dahl as its new vice president of sales with responsibility over the development and coordination of sales and marketing for national and independent accounts as wells as sales strategy development for dealers in North America. “We are thrilled to have Randy join our team,” says Dennis Von Ruden, […]
August 21, 2017
Dealers
Prinoth adds CG Equipment to NA dealer network
Tracked vehicle manufacturer Prinoth has added Ontario-based CG Equipment to its North American dealer network. CG Equipment, which has served southern Ontario since 1962, will carry the Panther line of vehicles through its locations in Zurich and Guelph, Ontario. Prinoth says adding CG Equipment is part of its strategy to expand its dealer network, which […]
August 18, 2017
Dealers
Talbert Manufacturing recognizes top 10 dealers of 2016
Talbert Manufacturing recently recognized its top 10 dealers for high performance in selling trailers, service and parts for 2016, with Hale Trailer Brake & Wheel of Voorhees, New Jersey, being named its top dealer for the ninth consecutive year. “Hale continues to lead our North American dealer network year after year. They’ve earned the reputation […]
August 17, 2017
Dealers
United Rentals to buy Neff Corporation for $1.32 billion
United Rentals has agreed to purchase Neff Corporation for $25 per share in cash, or $1.317 billion, and expects to close on the acquisition in the fourth quarter this year. The announcement follows the end of an agreement between Neff and H&E Equipment Services, which the former dissolved as a result of the more lucrative […]
August 17, 2017
Dealers
Neff, H&E walk away from acquisition following higher offer
Update: On Thursday, United Rentals announced that it would buy Neff in a $1.32 billion deal. H&E Equipment Service’s purchase of Neff Corporation announced in mid-July has ended, following the announcement of a more lucrative offer from another bidder. The new bidder has offered to purchase Neff for $25.00 per share, a substantial increase over the […]
August 16, 2017
Dealers
Wacker Neuson Q2 earnings soar 31% with growth in the Americas
Wacker Neuson reports second quarter 2017 revenue of 452.2 million euros ($501.5 million), an increase of 11 percent compared to the same period last year. Profit for the quarter reached 29.8 million euros ($35.15 million), growth of 31 percent compared to second quarter 2016. Earnings before interest and tax increased 41 percent to 36.7 million […]
August 15, 2017
Dealers
Largest Cat dealer Finning Q2 revenue jumps 21%
Second quarter revenue for the largest Caterpillar distributor Finning International jumped 21 percent to $1.58 billion, compared to the same period last year, driven by a 46-percent increase in new equipment sales on a consolidated basis. The company also cites product support revenue growth of 13 percent, indicating all operations reported higher parts demand. “Our […]
August 15, 2017
Dealers
Equipment Roundup: Komatsu WA200-8 loader; Navistar cuts medium duty engines; Nox Tiltrotator; Link-Belt 110RT crane; Manitou donates Gehl skid steers
Komatsu intros WA200-8 loader with quick coupler, lower fuel use Calling the new loader “versatile” and “useful in virtually any application,” Komatsu has introduced the WA200-8 with improvements to fuel efficiency and operator comfort. Powered by a 4.46 liter, 126-horsepower Komatsu SAA4D107E-3 Tier 4 Final engine, the WA200-8 can drop fuel consumption by up to […]
August 15, 2017
Dealers
Business Roundup: Strongco Q2 earnings; Stephenson to buy Walsh; Hyundai CE adds Newman Tractor; Franklin Equipment opens Louisville branch; Construction jobs report
Strongco Q2 revenues drop 6%, but earnings grow Ontario-based equipment dealer Strongco Corporation‘s second quarter 2017 revenues decreased roughly 6 percent compared to the same period last year, reaching $95.9 million. However, earnings before interest, tax, depreciation and amortization (EBITDA) increased dramatically compared to the second quarter of 2016, growing to $3.4 million compared to a […]
August 15, 2017
Dealers
Roland Machinery’s Bolingbrook branch joins Doosan Portable Power dealer network
Doosan Portable Power has added Roland Machinery’s Bolingbrook, Illinois, branch to its dealer network to carry the company’s line of air compressors, generators and light towers. Roland Machinery, based in Springfield, Illinois, has 15 locations in addition to its main office spread across Illinois, Indiana, Michigan, Missouri and Wisconsin. The Bolingbrook site covers the Chicago […]
August 15, 2017
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![TalbertTop10_Hale-1[3]](https://img.equipmentworld.com/files/base/randallreilly/all/image/2017/08/eqw.TalbertTop10_Hale-13.png?auto=format%2Ccompress&dpr=2&fit=crop&h=167&q=70&w=250)
![DOOSAN P250/HP185 TIER 4 COMPRESSOR: Handle a range of applications with the Tier 4 Final-compliant P250/HP185 portable air compressor from Doosan Portable Power, which operates at either 250 cfm at 100 psi or 185 cfm at 150 psi. Useful for general construction applications including powering multiple hand-held pneumatic tools, the two-in-one compressor features variable pressure […]](https://img.equipmentworld.com/files/base/randallreilly/all/image/2015/06/eqw.doosanppcompressor.png?auto=format%2Ccompress&dpr=2&fit=crop&h=167&q=70&w=250)
