Tag: rentals: Page 2

Business

Be prepared to answer these 9 questions when renting an air compressor

1. What are you planning to do? Air compressors drive tools for a variety of jobs, including small scale tasks – such as nailing or chipping – up through cleaning, painting, blasting, demolition, drilling and boring. The two most important statistics for any compressor is pressure (measured in pounds per square inch gauge, or psig) […]

June 3, 2013

Business

Volvo considering sale of Volvo Rents equipment rental business, Bloomberg reports

Volvo is considering the sale of its North American construction equipment rental business, according to a new report from Bloomberg. Companies and private-equity firms are reportedly interested in buying the business, named Volvo Rents. The business may be worth between $1 billion and $1.5 billion, according to two sources that spoke to Bloomberg under anonymity. […]

May 24, 2013

Business

Rent, buy or lease? The crucial answer to your next equipment purchase

Ready for a new dozer, excavator, forklift or other piece of heavy equipment? Construction activity has started to pick up but is in a slow climb. In this atmosphere, is it better to rent, purchase or lease? That depends on a variety of factors, according to Peter D. Gregory, senior vice president of the Construction […]

May 1, 2013

Construction Equipment

ARA’s new Equipment Rental Penetration Index signifies growth of rental

The American Rental Association Monday announced the ARA Equipment Rental Penetration Index, designed to estimate how much equipment goes through rental channels. “This is an extension of our estimate of rental revenues,” says John McClelland, ARA Vice President of government affairs. The index is designed to give rental companies a tool to measure the amount […]

February 12, 2013

Construction Equipment

Hayco Industries rents equipment combos for unusual problems

Editor’s Note: This is an edited version of a story that first appeared in Hitachi’s Breakout magazine. If you are trying to solve a problem with an attachment that you might have seen only on the Discovery Channel, then David Haywood might be your guy. “We work with medium to larger contractors, typically with a pretty […]

January 14, 2013

Construction Equipment

Manfredi predicts rental industry to surpass $32 billion in 2013

In the February issue of RER magazine, industry consultant Frank Manfredi says the U.S. equipment rental industry will surpass $32 billion in 2013, an increase of 16 percent over 2012. Rental will benefit from global economic uncertainty, says Manfredi with Manfredi & Associates, as more contractors choose to rent instead of buy. Manfredi expects rental […]

January 10, 2013

Business

Sumitomo acquires majority stake in Sunstate Equipment

Japanese company Sumitomo Corporation announced this morning that it has increased its investment to become the controlling interest in Sunstate Equipment Co. with 80 percent of the company’s shares. Despite the U.S. construction equipment rental industry’s downturn, in December 2009 Sumitomo made a $50 million investment in Sunstate because it “was convinced that industry was […]

January 8, 2013

Business

The advantages of renting before buying

A very interesting Q & A session with United Rentals president and CEO Michael J. Kneeland was recently posted at the Conexpo-Con/Agg website. In it Kneeland talks about the advantages of renting before buying and gives a few words of advice for construction business owners. On renting before buying, Kneeland says “it provides liquidity in […]

December 27, 2012

Technology

Doosan appoints new Ohio dealer

Doosan Portable Power has named Leppo Equipment an authorized dealer of mobile generators and lighting systems in all 88 Ohio counties. Leppo, headquartered in Tallmadge, Ohio, has branch locations in Canton, Bedford Heights, North Ridgeville, Wooster and Youngstown, Ohio. Leppo Equipment offers new and used equipment sales and rentals, along with in-house and on-site […]

August 21, 2012

Construction Equipment

Terex appoints SES as distributor

Terex has appointed SES as a full line distributor of Terex compact construction equipment, which includes 45 product models such as compact track loaders, skid steers, loader backhoes, wheel loaders and excavators. SES will also distribute Terex Fuchs material handlers, a line which includes tracked and wheeled material handlers with operating weights ranging from 41,888 […]

August 9, 2012

Construction Equipment

JCB adds dealer for Texas, Oklahoma area

JCB Equipment added Darr Equipment Company to its North American dealer network. Darr covers the northeast Texas and Oklahoma area with locations in both states, and the dealer will provide JCB rentals and sales as well as 24-hour parts and service. Darr’s Texas locations are now up and running as JCB dealers, and the company’s […]

July 22, 2010

Roadbuilding

Doosan Portable Power names Red Hat Rentals as authorized dealer for light construction equipment

Doosan Portable Power has named Red Hat Rentals of Fairfield, Texas, an authorized retail dealer of its line of light construction equipment. Red Hat Rentals, a full-service rental company of equipment for construction contractors and homeowners, has previously offered Ingersoll Rand-branded lighting systems and light compaction equipment on a rental basis; however, this expanded agreement […]

May 13, 2010