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Industry News


United Rentals Completes Purchase of National Pump
United Rentals Inc. has announced it has completed its previously announced acquisition of National Pump for a combined asset purchase price of approximately $780 million.
forconstructionpros.com – 4/2/2014

Christy Rental Associates to Represent Chicago Pneumatic in Florida and the Caribbean
Chicago Pneumatic is pleased to announce their partnership with Florida-based Christy Rental Associates.
Compact Equipment – 3/24/2014

Bierschbach Equipment Opens Dickinson, N.D., Branch
Bierschbach Equipment and Supply, Sioux Falls, S.D.-based equipment rental company, recently opened a branch in Dickinson, N.D., the company's fifth location, according to prairiebizmag.com.
RER – 3/19/2014

Hertz to spin off equipment rental business
The board of directors of The Hertz Corp., Naples, Fla., have approved plans to separate into two independent publicly traded companies, including "Hertz" comprised of the Hertz, Dollar, Thrifty and Firefly rental car businesses as well as Donlen, a provider of fleet leasing and management services; and "HERC," the Hertz Equipment Rental Corp.
Rental Pulse – 3/18/2014

Essex Rental Corp. names new CEO
Nicholas Matthews has been named president and CEO of Essex Rental Corp., Buffalo Grove, Ill. Matthews was previously the company's chief operating officer and also will serve as a director on the Essex board.
Rental Pulse – 3/16/2014

Western Canada's Construction Growth Sparks WesternOne's 2013 and Q4 Increase
WesternOne Inc., parent company to WesternOne Rentals & Sales, posted consolidated fourth quarter revenue of CDN $103.8 million (about U.S. $93.6 million) compared to $54.5 million for the same period in 2012, nearly doubling its revenue.
RER – 3/14/2014

Hawthorne Rent-It Service opens new location in Chula Vista, Calif.
Hawthorne Rent-It Service has opened a new location in Chula Vista, Calif., the company's third location in addition to Lakeside and San Marcos, Calif.
Rental Pulse – 3/9/2014

H&E Equipment Services Boosts Revenue 18 Percent in 2013
Total revenue for H&E Equipment Services increased 18 percent in 2013 to $987.8 million, compared to $837.3 million in 2012.
RER – 3/3/2014

ARA CEO Chris Wehrman Says the Secular Shift to Renting Continues
The equipment rental industry forecast in the U.S. calls for 8.4 percent growth in 2014, led by a projected growth of 9.1 percent in the construction equipment rental sector as noted by the American Rental Association (ARA) in the ARA Rental Market Monitor data from IHS Global Insight and reported in the December issue of Rental Management.
forconstructionpros.com – 2/5/2014

GE Capital extends dealer financing programme
GE Capital, Equipment Finance is expanding its North American financing programme for dealers to enable them to purchase construction equipment for their rental fleets.
International Rental – 1/30/2014