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Industry News


Sunbelt Rentals Enters Canadian Market with Acquisition of GWG Rentals
Sunbelt Rentals, the second largest equipment rental in North America, has made its first foray into the Canadian rental market with the acquisition of GWG Rentals Ltd., a six-location company serving British Columbia and Alberta.
RER – 12/15/2014

Canada's CERF Ups Revenues in Third Quarter
CERF Inc., parent company to Edmonton, Alberta, Canada-based 4-Way Equipment Rental, reported an 18-percent increase in revenue for the third quarter, including revenues of $2.8 million and $1 million resulting from the acquisitions of Winalta Inc. and the assets acquired from Empire Tool, compared to the same period a year ago.
RER – 12/11/2014

Sunbelt Parent Ashtead Expects to Exceed Profit and Revenue Expectations
Ashtead Group PLC Wednesday said its pretax profit and revenue in the second quarter and first half both rose on the back of an increase in rental revenue, and it expects its full year results to come in ahead of its expectations.
forconstructionpros.com – 12/10/2014

Hertz Equipment Rental Launches First Montana Location In Great Falls
Hertz Equipment Rental Company (HERC), a wholly owned subsidiary of The Hertz Corporation, has opened its first Montana facility in Great Falls to deliver specialty equipment rental solutions for commercial construction, oil producers, refineries, mining, agriculture, public works, and industrial manufacturing.
forconstructionpros.com – 12/3/2014

AEMP Certifies Ecco Equipment Green
The Ecco Equipment Corporation may not be the biggest equipment rental business out there, but they can claim a distinction that is perhaps even better. The company recently earned the right to call itself the largest equipment rental company to be certified green by the Association of Equipment Management Professionals..
Construction Equipment Guide – 11/29/2014

Noble Iron Grows Revenue 16 Percent in Third Quarter
Equipment rental company, distributor and software provider Noble Iron posted consolidated revenues of $5.8 million for the third quarter, compared to $5 million for the same period in 2013, a 16-percent hike.
RER – 11/26/2014

Hertz Equipment Rental Opens Used-Equipment Store in Orlando
Hertz Equipment Rental Corporation (HERC), a wholly owned subsidiary of The Hertz Corporation has opened its first HERC Equipment Sales location.
Lift & Access – 11/21/2014

Hertz Global Holdings Names John Tague CEO
Hertz Global Holdings hired John Tague as president and CEO of the company and named to the company's board of directors, effective Nov. 21.
RER – 11/20/2014

Finning Relocated and Expands Lloydminster, Alberta, Rental Facilities
Finning International's Cat Rental Store recently opened the doors to its new rental facility in Lloydminster, Alberta, Canada.
RER – 11/20/2014

WesternOne Grows Revenue in Third Quarter
WesternOne Inc., Canadian rental and infrastructure services company recorded CAD $88 million (about U.S. $78 million) in revenue in the third quarter, compared to $75.9 million a year ago, a 15.9-percent increase, excluding discontinued operations.
RER – 11/15/2014