Construction Industry News

ARA: Rental Equipment Revenue Projections Continue to Grow

Date: 14-08-2018 / Author: kscally

MOLINE, Ill. - For the second quarter in a row, the American Rental Association (ARA) is projecting larger increases in rental equipment revenue than it did in the previous five-year forecast released in May.

The July 2018 forecast from ARA Rentalytics calls for total U.S. rental revenue of $53.04 billion in 2018, up 7.6%, and then growing 5.8% in 2019, 5.9% in 2020, 5.1% in 2021 and 4.7% in 2022 to reach $65.4 billion.

The May forecast called for total U.S. rental revenue of $52.3 billion in 2018 growing to $64.1 billion in 2022.

All Access Equipment to Host Open House

Date: 07-08-2018 / Author: kscally

All Access Equipment, located in Wilmington, Mass., is hosting its first open house on Sept. 15.

The facility, located 20 minutes north of Boston, will be open to visitors to check out what the aerial and material handling equipment company has to offer.

The day’s activities will include operator demos, training, aerial rescue demonstrations, and tips and tricks classes. All Access will also provide food, games, giveaways, and more.

Hy-Brid Lifts Hires Southeast Territory Manager

Date: 07-08-2018 / Author: kscally
Dave Sluis

RICHFIELD, Wis. – Custom Equipment LLC welcomed Dave Sluis as its Southeast U.S. territory manager.

Sluis is focusing on continuing the growth and channel development of Hy-Brid Lifts, Custom Equipment’s line of lightweight low-level scissor lifts.

“There is a lot of growth happening in that part of the county,” said Dan Schneider, vice president of sales of Custom Equipment. “Dave’s experience in this industry and strong leadership abilities are just what we need to ensure we’re meeting the needs of contractors in that area.”

Hiab to Expand Crane Business With Effer Acquisition

Date: 31-07-2018 / Author: kscally
Hiab Effer

Hiab, part of Cargotec, entered into an agreement to acquire the Effer loader cranes business from the CTE Group for an enterprise value of more than $58 million.

This acquisition advances Hiab's ambition to be the global leader in cranes and the preferred partner for its customers.

ABLE Equipment Rental Opens Sixth Northeast Location in Pennsylvania

Date: 27-07-2018 / Author: kscally

ABLE Equipment Rental Inc. of New York opened its new location in Allentown, Pennsylvania, making it the construction equipment rental company’s sixth facility in the Northeast.

The 18,000-sq.-ft. facility is located on 2 acres and will serve the Lehigh Valley and its immediate surroundings.

Diesel Engine Shut Off System Now Available for JLG, SkyTrak Telehandlers

Date: 26-07-2018 / Author: kscally

MCCONNELLSBURG, Pa. — JLG Industries introduced a Positive Air Shut Off system designed to prevent diesel engines from having runaway situations.
 
The positive air shut off system, available on JLG and SkyTrak telehandlers, is ideal for applications where flammable materials could potentially be drawn into the air intake system, resulting in potential engine damage.
 

ALT Sales Corp. to Distribute Manitex Articulating Cranes

Date: 24-07-2018 / Author: kscally
ALT Sales Manitex distributor

CLEVELAND — ALT Sales Corp., headquartered in Richfield, Ohio, joined the Manitex Articulating Crane Distribution Network in the United States and abroad as its newest retail distributor.

ALT Sales Corp. is a member of the ALL Family of Companies, a privately owned heavy lift equipment rental and sales enterprise in North America, and Manitex International is an international provider of truck and knuckleboom cranes.

TVH Adds Western Region Sales Manager

Date: 23-07-2018 / Author: kscally

TVH in the America’s (TVH) welcomed Gustavo Guzman as the new outside regional manager for the western region.

Some of Guzman’s previous roles include territory manager, where he managed a sales team whose customers reside in Latin America, as well as manager of aftermarket parts operations. 

“I am excited for Gustavo to join our team,” said Chris Aiello, business development manager at TVH. “His experience in the industry and skillset will be a valuable asset to our organization. I look forward to him establishing relationships with our customers within his territory.”

TVH Employees Volunteer to Provide Community Meals

Date: 20-07-2018 / Author: kscally

TVH in the Americas (TVH) employees recently participated in a volunteer event at Center of Grace in Kansas to prepare and provide meals to those in need.

This volunteer event was coordinated by TVHCares, TVH’s charitable program that encourages employees to get involved with many nonprofit organizations and charities, such as Center of Grace.

Center of Grace provides a variety of community services, including a free meal twice a week, year-round for anyone. TVH is supplying, preparing, and serving the food for three meals in 2018.

Able Buys Mobile Lifts, Making it Fifth Northeast Location

Date: 18-07-2018 / Author: kscally
Able Equipment Rental

Able Equipment Rental Inc. of New York purchased the aerial equipment assets and service operations of Mobile Lifts Inc., in Norristown, Pennsylvania.

The location will become the newest branch of Able Equipment Rental, its fifth location in the Northeast. Able will retain most of the Mobile Lifts staff and plans to grow the team immediately. 

Able's newest branch is 45 minutes outside of Philadelphia and accessible by several major roads and highways. The facility is well-situated to service the King of Prussia area and  deliver equipment throughout the region.

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