Tag: heavy equipment dealerships: Page 8

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

Dealer Institute offers course to better manage used iron

Dealers understand that having the right inventory is the first step to increasing revenue and profitability. To that end, the Western Equipment Dealers Association (WEDA) is offered a course on how to best manage this key asset. The iron management course on used inventory control focuses on your organization’s key leaders and staff, according to […]

November 2, 2017

Dealers

Dealers preview Kubota’s new compact excavators, RTV, tractors

Dealers got a hands-on preview of Kubota’s two new compact excavators, available in early 2018, as well as the company’s fastest gas-powered RTV yet and seven new tractors in the M Series lineup. About 1,100 dealers attending Kubota’s annual meeting October 21-25 in Phoenix, Arizona, saw the KX033-4 with extendable dipper arm along with the […]

November 1, 2017

Dealers

Strong rentals, sales and record utilization boost H&E 3Q revenues 5.9%

At a glance: Third-quarter revenue results: New equipment sales increased 9.3 percent to $48.9 million, up from $44.8 million a year ago. Used equipment sales increased 7.9 percent to $22.3 million, compared to $20.6 million a year ago. Parts sales rose about 1.6 percent to $27.8 million from $27.3 million in third-quarter 2016. Service revenue remained the same – $16.1 million. Driven by strength in […]

October 27, 2017

Dealers

United Rentals posts 16.8% revenue surge in 3Q, increases 2017 capex by $200 million

United Rentals is reporting a 16.8-percent surge in total revenue for the third quarter, climbing to $1.766 billion compared to $1.508 billion for the same period last year. Within that, rental revenue is up by 16.2 percent to $1.536 billion. That’s compared to $1.322 billion for 2016’s third quarter. The company also is seeing a […]

October 19, 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

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