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H&E Equipment Services Completes Acquisition of CEC; Significantly Expands Presence in Colorado Market

Date: 10-01-2018 / Author: fmotz

H&E Equipment Services, Inc. (NASDAQ: HEES) today announced it has completed its acquisition of Contractors Equipment Center (CEC), a non-residential construction focused equipment rental company located in the greater Denver, Colorado area. The acquisition is part of H&E's ongoing strategy of acquiring rental companies to complement its existing business and footprint, and will augment H&E’s capabilities and efficiencies of scale in the market areas and geographies that CEC currently serves.

JLG To Feature 1644 High Capacity Telehandler at World of Concrete

Date: 10-01-2018 / Author: fmotz

JLG Industries, Inc., an Oshkosh Corporation company [NYSE:OSK] and a leading global manufacturer of aerial work platforms and telehandlers, will bring the newest addition to its line of high capacity telehandlers—the JLG® 1644—to booth #C7264 at World of Concrete January 23-26 at the Las Vegas Convention Center. The booth will also feature the SkyTrak® 8042 telehandler and the JLG® 400S telescopic boom lift.

Free IPAF Webinar: Ground-level Loading/Unloading MEWPs

Date: 10-01-2018 / Author: fmotz

The International Powered Access Federation (IPAF) has partnered with Drive Products, Inc. to offer you the first Webinar of 2018. All members and non-members are invited to participate. And, both Webinars are complimentary.

Ground-level loading/unloading MEWPs

Tuesday, February 6, 2018 
11 am CST USA / Noon EST USA
Presenter: Tyler Moss, M.B.A., Vice President, Sales Eastern Canada, Drive Products Inc.

Skyjack Launches Building Information Models

Date: 08-01-2018 / Author: fmotz

Linamar Corporation’s (TSX:LNR) Skyjack division is pleased to announce the availability of Building Information Model (BIM) compatible image and data files to assist architects and engineers with their digital project plans.

Construction Jobs Increase in 40 States Between November 2016 and November 2017

Date: 03-01-2018 / Author: fmotz

Forty states added construction jobs between November 2016 and November 2017, while 39 states added construction jobs between October and November, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials noted that firms in most states are adding jobs amid expectations that demand will continue to grow thanks to new tax cuts and regulatory reforms.

Kingsbridge Holdings Buys Western States Equipment

Date: 03-01-2018 / Author: fmotz

Kingsbridge Holdings, Lake Forest, Ill., has bought Western States Equipment, Salt Lake City, Utah.

Western States Equipment is a general rental company owned by the Costanzo family. It operates a substantial fleet of aerial work platforms and telehandlers.

Established in 1997, Western States Equipment serves Utah, Idaho, Nevada, and Wyoming.

Kingsbridge has historically focused on providing independent financing solutions for equipment acquisition. The Western States Equipment acquisition is reportedly its first foray into equipment rental.

Registration Opens for Independent Equipment Dealers Association 2018 Annual Meeting & Expo in Orlando

Date: 03-01-2018 / Author: fmotz

The Independent Equipment Dealers Association (IEDA) encourages all current members and vendor/exhibitor associate members to register now for its 2018 Annual Meeting, February 18 –20, at the Omni Orlando Resort at ChampionsGate.

“The 2018 IEDA Annual Meeting & Expo is a unique time for members and associate members to network with each other, learn best practices from their peers, participate in round table discussions and hear more about the latest industry developments, regulations and growth opportunities,” said IEDA Executive Director Kristen Williams.

JCB North America Celebrates Employee Excellence

Date: 21-12-2017 / Author: fmotz

JCB North America hosted its annual “Celebrating Success” event this week, to recognize employees who made extraordinary contributions to the company’s success in 2017, and to celebrate those who achieved significant employment anniversaries in the past 12 months. The event at the company’s headquarters in Savannah, Georgia, was attended by 250 employees. “

Commercial Construction Index Reveals Continued Optimism Among Contractors

Date: 21-12-2017 / Author: fmotz

Confidence in the commercial construction industry is strong, despite significant concerns around jobsite efficiency and labor productivity, according to the Q4 2017 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index). Released today, the Index shows that optimism remains high in the commercial construction industry, with 57 percent of contractors expecting to hire in the next six months and a large majority reporting stable or increased revenue expectations in the next year. The Q4 composite score is 74, up one point from Q3.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Date: 21-12-2017 / Author: fmotz

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for November was $7.5 billion, up 17 percent year-over-year from new business volume in November 2016. Volume was down 11 percent month-to-month from $8.4 billion in October. Year to date, cumulative new business volume was up 5 percent compared to 2016.