Acme Lift Appoints New President

Acme Lift Co., Mesa, Ariz., has appointed Steve Nadelman as president and chief operating officer, bringing three decades of equipment rental industry experience to the wholesale rental company.

“Steve Nadelman is one of the most capable and visionary leaders produced by the rental industry in the last 30 years,” said Woody Weld, chairman and CEO of Acme Lift. “Steve brings his operational excellence, unparalleled drive and enormous intelligence, which allows Acme Lift to accelerate its growth as the wholesale rental industry recovers. Steve also brings significant international rental experience, which will allow Acme Lift to expand into additional markets not currently served.”

Nadelman spent 19 years with United Rentals and its predecessor, US Rentals, rising from a division manager to senior vice president of operations in 2008, when he directed United Rentals’ operations across the western United States, Canada and Mexico.

“I am thrilled to join the Acme Lift team at a time when the company is poised to take advantage of its new capital structure and an improving market,” said Nadelman. “Woody’s visionary leadership and intense customer focus have been the key drivers of Acme Lift’s success, even through the recent economic downturn. I look forward to working with the Acme Lift team and very much look forward to our company’s growth in the wholesale sector in the years to come.”

Acme Lift recently completed a $77.2 million recapitalization that will enable the company to accelerate its growth, offer an expanded lineup of new articulating and telescoping boom lifts and large-capacity telehandlers, and bolster its ability to quickly respond to the needs of its re-rental customers with improved operational support and capabilities.