http://rermag.com/ Rental Equipment Register News en-us http://rermag.com/trends_analysis/headlinenews/maxim-acquires-barnhart-crawler-cranes-070209 Maxim Crane Works last week acquired a fleet of large crawler cranes and certain related assets from Barnhart Crane and Rigging pursuant to an asset purchase agreement. Financial terms of the transaction were not disclosed. headlinenews Thu, 02 Jul 2009 16:45:00 EDT http://rermag.com/trends_analysis/headlinenews/rsc-prices-notes-070209 RSC Equipment Rental said last week that it has priced an offering of $400 million aggregate principal amount of 10 percent senior secured notes due 2017. The company had previously announced a proposed offering of $300 million and the offering size increased to $400 million based on strong market demand. The senior secured notes are being co-issued by RSC Equipment Rental’s parent company RSC Holdings. headlinenews Thu, 02 Jul 2009 16:42:00 EDT http://rermag.com/trends_analysis/headlinenews/infrastructure-investment-agc-comments-070209 Stephen Sandherr, CEO of the Associated General Contractors of America last week called for continual investment in infrastructure to offset devastating losses in construction employment. headlinenews Thu, 02 Jul 2009 16:40:00 EDT http://rermag.com/trends_analysis/headlinenews/southeastern-equipment-champion-line-070209 Southeastern Equipment Co., a rental company and distributor based in Cambridge, Ohio, has reached an agreement to become authorized dealer for Champion Motor Graders at its 15 branches in Ohio and southern Michigan. headlinenews Thu, 02 Jul 2009 16:38:00 EDT http://rermag.com/trends_analysis/headlinenews/trico-lift-refineries-association-070209 Aerial work platform rental company Trico Lift was recently honored with a 2008 Contractor Merit Safety Award presented by the National Petrochemical & Refineries Association for the company’s safe work performance at Sunoco’s refinery in Philadelphia. headlinenews Thu, 02 Jul 2009 16:35:00 EDT http://rermag.com/trends_analysis/headlinenews/sunbelt-rentals-shepherdsville-ky-070209 Sunbelt Rentals last week opened a full-service rental location in Shepherdsville, Ky., with a grand opening Thursday July 2. The opening featured a ribbon-cutting and equipment demonstrations from Stihl, John Deere, JLG, Multiquip, Honda, Husqvarna and Genie. headlinenews Thu, 02 Jul 2009 16:32:00 EDT http://rermag.com/trends_analysis/headlinenews/terex-awp-service-training-070209 To provide customers with more convenient training options, Terex Aerial Work Platforms last week announced two new sites for service training at Terex facilities in Oklahoma City, Okla. and Southaven, Miss. headlinenews Thu, 02 Jul 2009 16:29:00 EDT http://rermag.com/trends_analysis/headlinenews/lift-inc-acquires-bobcat-lancaster-070209 Lift Inc., Lancaster, Pa.-based dealer for Toyota and Crown forklifts, has acquired the local Bobcat dealership Bobcat of Lancaster, the Lancaster Intelligencer Journal reported last week. The transaction was made in early June for an undisclosed price. headlinenews Thu, 02 Jul 2009 16:26:00 EDT http://rermag.com/trends_analysis/headlinenews/western-states-photo-contest-070209 Meridian, Idaho-based Western States Cat last week announced the “Build Something Good” contest to allow its customers to share photos of their Caterpillar equipment hard at work on the jobsite, or equipment rented from the Cat Rental Store. Those who enter will be eligible for monthly prizes as well as a grand prize valued at more than $2,000. headlinenews Thu, 02 Jul 2009 16:24:00 EDT http://rermag.com/trends_analysis/internationalnews/power-rental-africa-070209 The use of power rental equipment is growing significantly in sub-Saharan Africa because of the current electricity crisis in the region, according to a report from analyst group Frost & Sullivan. According to the report “Power Rental in Key African Markets,” power equipment rental has earned revenues of $79.3 million in 2007 in Angola, Botswana, Egypt, Kenya, Nigeria, Mozambique and South Africa. The report predicts revenue to more than double to reach $164.2 million by 2014. internationalnews Thu, 02 Jul 2009 16:22:00 EDT http://rermag.com/trends_analysis/internationalnews/liebherr-08-revenue-increases-070209 Revenue grew 11 percent in 2008 for the Liebherr Group, to €8.4 billion (about U.S. $11.8 billion), with volume from construction machinery totaling €5.6 billion (about U.S. $7.9 billion), an increase of 11.4 percent or €572.9 million. internationalnews Thu, 02 Jul 2009 16:19:00 EDT http://rermag.com/trends_analysis/internationalnews/speedy-execs-pay-drops-070209 Executives at tool and equipment hire group Speedy Hire Plc, the U.K.’s largest rental company, received no bonuses and saw their total pay packages fall sharply last year, according to Crain’s Manchester Business. Chief executive Steve Corcoran’s pay fell by 44 percent to £352,000 (about U.S. $577,000), from £638,000 in fiscal 2008, when he received a substantial bonus payment. internationalnews Thu, 02 Jul 2009 16:15:00 EDT http://rermag.com/trends_analysis/contractor_news/goose-creek-corrections-center-wacker-neuson-070209 Anchorage, Alaska-based general contractor Neeser Construction recently broke ground on Alaska’s Goose Creek Corrections Center. The $240 million project, located near Point MacKenzie, Alaska, is the largest building construction project for the state in recent history. The 435,000-square-foot medium-security facility will house more than 1,500 inmates and is scheduled to be completed in late 2011. The project is expected to create about 700 construction jobs and approximately 400 full-time jobs once construction is complete. contractor_news Thu, 02 Jul 2009 16:07:00 EDT http://rermag.com/trends_analysis/rer_the_environment/atlas-copco-100-percent-energy-recovery-070209 Atlas Copco is introducing the Carbon Zero range of air compressors equipped with advanced heat recovery systems. Capable of recovering 100 percent of the electrical energy input for heating water, these compressors are designed to dramatically reduce energy costs for a number of industries. According to the company, the compressors are the first in the world to be certified by the TÜV institute as having “net zero energy consumption” at specific design conditions. rer_the_environment Thu, 02 Jul 2009 16:03:00 EDT http://rermag.com/trends_analysis/rer_the_environment/energy-climate-legislation-green-building-opps-070209 The U.S. Green Building Council last week commended the House of Representatives for passing landmark energy and climate legislation that includes several significant provisions to incentivize and accelerate the benefits of green building across the country. rer_the_environment Thu, 02 Jul 2009 16:00:00 EDT