August 2017 news archive

Tips for building a successful rental business
Every rental store owner’s goal is to build a business that will grow and expand over time. Genie offers some tips on doing it.

VeriTread to grow simplified heavy-haul shipping option
VeriTread, The Heavy-Haul Marketplace, announced its partnership with Sumitomo Corporation of Americas (SCOA).

Pettibone adds Highlift Equipment as Ohio dealer
Pettibone/Traverse Lift, LLC adds Highlift Equipment to its dealer network, which will serve the state of Ohio.

Sept.-Oct. 2017 Pro Contractor Rentals magazine
Check out the September-October 2017 issue of Pro Contractor Rentals magazine.

IHI Construction Equipment transitions to the KATO brand.

Service Motor Co. adds Manitou Telescopic Loaders
Manitou Americas recently announced that Service Motor Co., Steven’s Point, Wisconsin, has added its MLT Series agriculture telescopic loader to its product line.

Deutz Carolinas takes new name
Now called Deutz Power Center Southeast, it offers the same commitment to enhanced support and product availability.

Bishop appointed director of Stihl Visalia
Murray Bishop will also head up marketing and advertising efforts at Pacific Stihl.

Point of Rental repeats Inc. Top 5000 feat
Rental industry leader named one of America’s fastest-growing companies.

Deere 3Q sales up 16 percent
Deere reports a net income of $641.8 million for the quarter ended July 30, 2017, compared with $488.8 million for the quarter ended July 31, 2016.

Equipment Leasing and Finance industry confidence higher in August
Overall, confidence in the equipment finance market is 64.4 in August, up from 63.5 the previous two months.

Durante Rentals named to the 2017 Inc. 5000 List
For the fifth time, Durante Rentals makes the list of fastest growing companies, ranking 1476th with three-year sales growth of 274 percent.

Bomag hires rental national account manager
Tim Collie brings 20 years of industry experience to Bomag’s North American business. 

Pre-emptive maintenance increases customer satisfaction
Identify failure points to maximize uptime.

John Somers, AEM director of Product Management, Construction, Mining & Utility, shares some thought-provoking ideas that bode well for contruction equipment rental. Learn more

New mixed-fleet telematics standard earns ISO approval

Construction employment Increases in between June 2016 and 2017
Western metro areas fare better than other locales, reports the Associated General contractors of America.

MEWP fatalities decline as global rental market grows
The fatal injury rate (FIR) for mobile elevating work platforms (MEWPs) declined in 2016, reports the International Powered Access Federation.

Roland Machinery joins Doosan Portable Power dealer network
Doosan Portable Power has expanded its authorized dealer network with the addition of Roland Machinery in Bolingbrook, Illinois.

Terex Q2 2017 financial results: Profit up
Excluding a net after-tax benefit of $47.0 million, income from continuing operations, as adjusted, for the second quarter of 2017 was $49.6 million, or $0.51 per share.

Caterpillar reports 2Q 2017 results
Strong quarter with higher sales, revenues and profit; raised full-year outlook.

New Takeuchi dealer in Nevada
Takeuchi-US adds  Courson Equipment Company of Carson City, Nevada, as a new dealer.

Genie promotes sales team members
Five team members take on new customer-facing roles.

Doosan Portable Power adds authorized dealer
O’Leary’s Contractors Equipment, which serves the greater Chicago area, has become the most recent Doosan Portable Products authorized dealer.