Tag: heavy equipment distribution: Page 11

Dealers

Lian named president, CEO, of H&R Construction Parts and Equipment

Aaron B. Lian has been named president and CEO of H&R Construction Parts and Equipment, succeeding Larry D. Mohr, who is retiring. Lian has been chief operating officer since September 2016.  He previously worked at Schwing America, as vice president and general manager in the St. Paul, Minnesota, area,  managing and leading the company’s ready-mix products […]

December 29, 2017

Dealers

Aggregates giant Metso signs on 14 new distributors in 2017

Finnish industrial machinery company Metso continues its expansion into the global aggregates market with 14 new distribution agreements signed in 2017. The agreements, which involve Metso’s crushing and screening offerings for the construction industry, include Texas, which is one of the main markets for mobile equipment, as well as new markets Qatar, Morocco and Papua, […]

December 22, 2017

Dealers

Newman, Williams to be inducted into ARA Rental Hall of Fame

Two long-time equipment rental industry leaders ­–  Carl Newman and the late Melvin Williams –  will soon be inducted into the Rental Hall of Fame for major contributions to their field. The American Rental Association (ARA) created the Rental Hall of Fame in 2000 to foster an appreciation of the historical development of the rental […]

December 21, 2017

Dealers

With hurricane recoveries, Sunbelt Rentals revenue climbs 17% in six months

Fueled in large part by hurricane recoveries, Sunbelt Rental’s total revenue grew by 17 percent to $2.08 billion – including an 18-percent rise in rental-only revenue, in the first half of its fiscal year ending October 31. That’s according to UK-based parent company Ashstead Group, which reported both second quarter and first half results on […]

December 20, 2017

Dealers

Boost year-end equipment sales with Section 179 marketing push

2016’s  long-term bill extending Section 179 removed the previous end-of-the-year uncertainty as to whether the bonus depreciation break would be continued, but that doesn’t mean dealers shouldn’t be motivated to use the tax incentive as a sales tool this year. Of particular note for dealers, Section 179 tax breaks apply to new, used and leased […]

December 19, 2017

Dealers

Business Roundup: Briggs & Stratton moves production; CJD becomes Terex Trucks’ Aus. national dealer; JCB taps Norlift as new dealer; 2018 Rental Show details

Targeting North American growth, Briggs & Stratton moves production from Japan to Ala., Ga. Briggs & Stratton is moving production of its V-Twin Vanguard engines from a joint venture partnership in Japan to its existing manufacturing facilities in Statesboro, Georgia, and Auburn, Alabama, the company says. To read more, click here. CJD becomes Terex Trucks’ […]

December 12, 2017

Dealers

Kobelco continues expansion, adding Century Rentals and Westrax Machinery

Kobelco Construction Machinery USA is adding Century Rentals and Westrax Machinery to its dealer network growing throughout North America. “Century Rentals and Westrax Machinery are high-caliber dealerships with strong commitments to delivering outstanding customer service,” says Pete Morita, Vice President of the Excavator Division at Kobelco USA. Century Rentals of El Paso, Texas, is a family […]

December 5, 2017

Roadbuilding

Foley Equipment holds grand opening in $19M HQ in Wichita

Foley Equipment of Wichita, Kansas, recently moved into a new $19 million, 146,000-square-foot headquarters. The family-owned company celebrated with a grand opening on November 17. The Caterpillar construction equipment dealer has grown from a single store in 1940 to operations spanning 144 counties throughout Kansas and western Missouri. Foley broke ground on the facility’s […]

November 29, 2017

Dealers

H&E buys Denver-based Contractors Equipment Center

H&E Equipment Services announced the acquisition of Contractors Equipment Center (CEC) – a rental firm in the greater Denver area – for $122.4 million. The transaction, expected to be completed late this year, is subject to clearance by the U.S. Justice Department for compliance with antitrust laws. The purchase amount is subject to customary adjustments, […]

November 28, 2017

Dealers

Equipment Roundup: Cat unveils next-gen excavators, first UTVs; The Duke is one bad ’72 Chevy; Tesla unveils electric Semi; Tracks that monitor their own wear; Volvo intros EC27D excavator

Cat intros next-gen excavators with “digital heart” All three of Caterpillar’s new Next Generation excavators feature a radically new hydraulic system driven by a “digital heart.” The 320 and 323 (pictured here) models offer automated digging and positioning technology in addition to payload weighing. How cool is this: An excavator that you can start with […]

November 21, 2017

Dealers

Kobelco adds four mini-excavator-only dealers

Kobelco Construction Machinery USA is adding four compact machinery dealers to its growing network, solely representing Kobelco’s mini excavator line in the United States. “We’re excited to offer our customers the reliability and value of Kobelco mini excavators through our expanded network of mini-only dealers,” says Randy Hall, vice president of operations. The dealerships are: […]

November 14, 2017

Dealers

Herc 3Q rental revenues jump 15%, profit quadruples

Herc Holdings is posting a jump of nearly 15 percent in equipment rental revenues for the third quarter of 2017 over the same period a year ago. And to meet increasing demand, the company plans a hefty hike in its capital expenditures. Equipment rental revenues for the third quarter were $413.1 million, a 14.7 percent […]

November 13, 2017