May 2107 News

Case and Titan Machinery donate equipment for habitat development
Wetland development project provides heavy equipment operator training time for Team Rubicon volunteers.

Titan Machinery Inc. announces fiscal 1Q results
Revenue for 1Q Fiscal 2018 was $264 million; Titan reduced used equipment inventory by 9.7 percent and updates fiscal 2018 modeling assumptions in this fiscal report.

Equipment Leasing and Finance Association’s survey of economic activity
Monthly Leasing and Finance Index shows April new business volume up 8 percent year-over-year, down 11 percent month-to-month, up 5 percent year-to-date.

New lab tests engines for noise, vibration, harshness
Briggs & Stratton Corporation recently opened the doors on one of the industry’s most innovative engine testing facilities designed to help engineers create and test new features that meet consumers’ demands.

BlueTarp Financial releases 1Q 2017 Building Supply Index
March’s 12-month trailing average reaches an all-time high.

Flaska JCB adds Colorado location
Headquartered in Phoenix, Flaska JCB adds a JCB-dedicated dealership in Denver, Colorado.

Atlas Copco celebrates facility grand opening
Atlas Copco celebrated the grand opening of its new production facility in Rock Hill, South Carolina, with a ribbon-cutting ceremony on Wednesday, May 17.

FTG Equipment Solutions names Northeast regional sales manager
FTG Equipment Solutions announces that Rob Devenezia has joined the FTG team to further grow its footprint in the Northeast.

Hitachi to acquire Sullair
Move puts company in a full-scale entry into North American industrial business.

Equipment Leasing and Finance Industry Confidence eases further in May  
Overall, confidence in the equipment finance market eased again in May to 63.2, down from the April index of 65.8.

Mustang ups skid/track loader warranty until June 30, 2017
Manitou Americas has implemented a two-year/2,000-hour XPRT Total Coverage Plan (Full Machine) included with the purchase of any new Mustang skid loader or track loader retailed before June 30, 2017 for North America.

Skyjack highlights key ANSI changes in white paper
Linamar Corporation’s  Skyjack division has released a white paper detailing the major changes to the new access equipment standards in North America.

Genie hosts chat on alternative energy options in aerial work platforms
Genie invites customers to ask questions and get answers about hybrid technology in aerial work platforms (AWPs) or mobile elevated work platforms (MEWPs) during its upcoming Ask Me Anything (AMA) event May 22-26.

Independent Equipment Dealers Association names new president, directors and treasurer
The Independent Equipment Dealers Association (IEDA) welcomes incoming president Kevin Fox with Dewitt Equipment Co, in Barrie, Ontario.

TireSocks, Inc. announces team members
Founder, Jarrett Gordon, will remain president and CEO; staff additions include Kali Peterson, Patti Reicert, Kami Nelson and Pat Kinsch.

Equipment rental industry poised for stronger growth
ARA five-year forecast calls for revenue to reach $59.4 billion in 2021.

Share how buying locally affects communities
“Home Sweet Home: Pros’ Edition” study findings released at National Hardware Show.

Genie interactive tool helps calculate load/reach capacity
Genie tool raises awareness for safe use and work at height best practices in the aerial access industry.

Dire States equipment grant deadline extended to May 18
Case Construction Equipment will provide $25,000 in free equipment use to one community to repair and/or build local infrastructure.

American Eagle Accessories Group hires Formanek
American Eagle Accessories Group has recently hired Taylor Formanek as a territory sales manager. 

Caterpillar acquires Yard Club
Yard Club, a startup founded to make more efficient use of construction and other heavy equipment, has been acquired by Caterpillar.

Terex Utilities appoints new vice president and general manager
Terex Utilities has appointed Clint Weber to vice president and general manager with overall responsibility for leading the worldwide Terex Utilities business.

Herc Rental revenues up  4.2 percent
Herc Holdings reported first-quarter equipment rental revenues of $320.6 million were 4.2 percent higher than the $307.8 million reported in the same period last year.

Human resource issues in rental operations
American Rental Association shares tips on hiring, managing employees.

Noble Iron to sell Los Angeles assets to Sunbelt Rentals
Noble Iron Inc. announced that its wholly-owned subsidiary, Noble Rents Inc., has entered into an agreement to sell the assets of its Los Angeles, California based equipment rental operations to Sunbelt Rentals Inc.

Minnich announces western region sales manager, other personnel additions
Minnich Manufacturing has hired Mike Rabideau as western region sales manager and adds six staff members.

John Deere adds 20,000-hour warranty on 944K hybrid wheel loader 
John Deere is now offering a 96-month (eight-year)/20,000-hour power electronic components warranty on its 944K hybrid wheel loader.

Kubota opens North American headquarters in Grapevine, Texas
Texas Gov. Abbott welcomes Kubota, celebrates official opening of North American headquarters.