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Headline News
Court
of Appeals Rules in Favor of United Rentals in Merger Case
September 2, 2010
A United States Court of Appeals judge affirmed a district court
decision negating charges of securities fraud as a result of the failed
2007 merger between United Rental and RAM Holdings and RAM Acquisition
Corp., affiliates of Cerberus Capital Partners.
Canadian
Equipment Rental Fund Posts Second Quarter Loss
September 2, 2010
Canadian Equipment Rental Fund, a Calgary, Alberta-based rental
company, reported a second-quarter loss of CA $596,667 (about U.S.
$561,000), compared with a $33,680 profit in last year’s second
quarter. The company said a warm, wet spring that reduced the demand for
winter equipment was a contributing factor. Revenue was CA$2.87 million
(about U.S. $2.73 million), a 3-percent decline compared to last
year’s second-quarter revenue of CA$2.96.
Terex
AWP Realigns Global Organization to Meet Local Customer Needs
September 2, 2010
Redmond, Wash.-based Terex Aerial Work Platforms, a business
segment of Terex Corp., this week announced a realignment of its
management team to better serve customers. The changes, which take
effect Oct. 1, establish local management teams supported by a global
infrastructure that reinforce Terex AWP as a global leader in
work-at-height products.
Gorman-Rupp
to Acquire National Pump
September 2, 2010
The Gorman-Rupp Co. (NYSE: GRC) this week announced it reached an
agreement in principle to purchase the business of National Pump Co. The
acquisition is subject to satisfactory completion of its due diligence
review and execution of a definitive purchase agreement.
All
Crane Rental of Georgia Given Safety Award
September 2, 2010
All Crane Rental of Georgia, member of the All Erection & Crane
Rental group, received its second consecutive Award of Excellence for
Exceptional Workplace Safety from the Georgia Department of Labor. The
company was also awarded a Certificate of Commendation for Safety
Excellence from the Associated General Contractors of America. The
Workplace Safety award was accepted by All Crane Rental of Georgia
safety manager Brian Fuller on behalf of the company.
Thompson
Pump Emergency Response Team Fights Gulf Oil Spill
September 2, 2010
Port Orange, Fla.-based Thompson Pump mobilized its Emergency
Response Team (ERT) to provide pumping equipment, supplies, manpower and
tactical knowledge to areas devastated by the Gulf of Mexico oil spill
within a few days of the incident on the Deepwater Horizon.
Bigge
Adds Additional Cranes to Rental Fleet
September 2, 2010
Bigge Crane and Rigging recently added two new models to its large
crane rental fleet, the Grove RT9130 rough terrain crane and Liebherr LR
1600/2 crawler crane. Several of each model are available for both
nationwide bare rental and operated and maintained rental.
AmeriQuip
Eagle Names Dealer in South Texas
September 2, 2010
AmeriQuip, Houston, this week named H & V Equipment Services,
Corpus Christi, Texas, as its new dealer in South Texas for the complete
line of AmeriQuip products. The product line includes Eagle towable
manlifts, self-propelled trax manlifts, hydraulic hammers, trailers,
atlas beam, and tire covers.
International News
Caterpillar
Announces New Operations and Investment in Brazil
September 2, 2010
Capitalizing on the expected growth in Latin America, Caterpillar
Inc. (NYSE: CAT) this week announced the expansion of its manufacturing
operations in Brazil. The company has acquired an existing industrial
facility in the country, located in Campo Largo, Parana State, which
after upgrading will cover 538,195 square feet. The new facility will
manufacture backhoe loaders and small wheel loaders, which are currently
produced at Piracicaba and are part of the machine line up for
Caterpillar's Building Construction Products (BCP) Division.
Atlas
Copco Acquires Austrian Mobile Crushing and Screening Company
September 2, 2010
Atlas Copco Austria GmbH this week acquired Hartl Anlagenbau GmbH,
Austria, a company that manufactures and sells mobile crushers and
screeners.
HSS
Hire Adds Features to its LiveHire Management System
September 2, 2010
HSS Hire has added new features to its HSS LiveHire tool management
system, which gives larger clients firm control and transparency of tool
and equipment rental contracts. The system features a live dashboard
that keeps users up to speed with live contacts, outstanding invoices as
well as any items that need to be off-rent on a given day.
Atlas
Copco Acquires UK Drilling Company
September 2, 2010
Stockholm, Sweden-based Atlas Copco Construction & Mining Ltd. UK,
this week acquired H & F Drilling Supplies Ltd., an independent local
manufacturer and distributor of drilling equipment in the United
Kingdom.
Supply Side
JCB
Pledges $250,000 of Support to Pakistani Flood Victims
September 2, 2010
JCB Chairman Sir Anthony Bamford this week pledged assistance worth
$250,000 to help in the reconstruction effort caused by the devastating
floods in Pakistan.
Case
Sponsors 2010 National Gas Rodeo
September 2, 2010
Case Construction Equipment last week announced its platinum-level
sponsorship of the 16th Annual National Gas Rodeo. The competition will
be held Sept. 17-18 in Fairview Heights, Ill. Case is the exclusive
provider of construction equipment for the event, which includes
loader/backhoes and compact excavators.
Hyde
Tools Names Corey Talbot Vice President of Marketing
September 2, 2010
Southbridge, Mass.-based Hyde Tools recently named Corey Talbot as
head of the company’s marketing department. As vice president of
marketing, Talbot will direct all marketing operations, brand vision and
management, as well as advertising and communications.
Bricks & Clicks
United
Rentals Deploys Zilliant Solutions to Enhance Pricing Operations
September 2, 2010
Austin, Texas-based Zilliant, a provider of price optimization and
margin management solutions for business-to-business manufacturers,
distributors, high-tech, and industrial service companies, this week
announced that United Rentals has deployed Zilliant Margin Maximizer and
Margin Insight solutions across its integrated network of more than 550
branch rental locations in 48 states and 10 Canadian provinces. United
Rentals is also piloting Margin Manager with an expected full roll-out
in early 2011.
Interviews
Interview
with Point-of-Rental Systems' Bob Shaffer: Have a Backup
By Brandey Smith, RER
September 2, 2010
As part of a series of interviews with software developers,
RER recently interviewed Bob Shaffer, CEO of Point-of-Rental
Systems about the importance of communication tools and why rental
businesses should always invest in a reliable backup system.
RER: Tell us about the latest technological advances and
functionalities of your rental business software.
Shaffer: Communication tools have become important. That is,
communications by and between store management and their employees via
Google, Yahoo or Microsoft Calendars or via our proprietary “Task
List” feature. Examples include: communication between employees and
store customers via our built-in Customer Relationship Management (CRM)
module; communication between large account customers and the rental
business using the customer portal feature in our hosted websites to
provide customers real-time information about their inventory on rent,
inventory off rent and their accounts receivables records; and automatic
communication via texting from our software directly to the store
salesmen responsible for different accounts.
GPS integration with delivery and service vehicles will be a reality in
the next release of our Dispatch Center option. This will provide
real-time location information about delivery and service fleet
vehicles.
Classifieds
September 2, 2010
Ahern
Rentals -- Job Opportunities Nationwide
Sunstate
Equipment Co. -- Outside Sales, California
Business
for Sale -- Multiple locations in Ohio and Michigan
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