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Green Industry and Equipment Expo
Power-Gen International
Dec. 2-4
Orlando, FL
www.power-gen.com
World of Concrete
Feb. 3-6, 2009
Las Vegas Convention Center
Las Vegas, NV
www.worldofconcrete.com
The Rental Show
March 2-5, 2009
Georgia World Congress Center
Atlanta, GA
www.therentalshow.com
RER Reports
Headline News
Aggreko Purchases Cummins Power Rental in India; Sells Oil Free Compressed Air Rental Business
Aggreko plc, a world leader in the supply of temporary power, temperature control and oil-free compressed air services, last week announced that it has signed agreements on two transactions. The first involves the purchase of the business and assets related to power rental of Cummins in India. The second involves the sale of Aggreko’s European oil-free compressed air rental business to Atlas Copco....
Industry Veteran Larry Pedersen Dies
Popular rental industry veteran Larry Pedersen, CEO of Campbell, Calif.-based A Tool Shed, died last week at the age of 67. Pedersen died of an apparent pulmonary embolism, six weeks after a successful colon cancer operation. ...
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International News
Lavendon’s ’08 Revenues Up; Will Cut ’09 Spending
British high-reach rental specialist Lavendon last week said its revenue for the 10 months ended Oct. 31 rose 36 percent compared with the same period last year on improved operating margins. The company said it remained confident it would deliver results in line with its expectations for the current year, despite difficult trading conditions across its UK and European operations....
Hewden Reorganizes U.K. Rental Business
U.K. rental company Hewden has announced plans to reorganize the company’s nationwide branches into three regions, each responsible for all types of equipment the company offers. The company previously had five geographic regions and five stand-alone product-specific divisions....
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Wall Street Beat
The Stock Block
Check in on some of the latest stock prices for publicly traded rental companies and popular construction equipment and general tool manufacturers related to the rental equipment industry. ...
First Nine Months Strong for Wacker Despite Slowdown
Fueled by the merger of Wacker and Neuson, Wacker Construction Equipment, soon to be known as Wacker Neuson SE, grew sales 35.8 percent during the first nine months of 2008, from €504.2 million in the first nine months of 2007 to €684.7 million this year (about U.S. $853.3 million). EBITDA rose 9.8 percent from €83.2 million last year to €91.4 million (about U.S. $113.9 million)....
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Supply Side
Liebherr and John Deere Update Crawler Relationship
Liebherr Construction Equipment Co. and John Deere last week jointly announced the signing of a long-term sourcing agreement for Deere-branded 950- and 1050-size crawler dozers, and the discontinuation of the existing product supply arrangement for crawler loader machines between Liebherr-Werk Telfs GMBH and John Deere's Construction & Forestry Division of Moline, Ill....
CNH Expands Annual Plant Shut Down in Wichita
Case New Holland last week announced that it will shut down its skid-steer loader production plant in Wichita, Kan., for the entire month of December and part of January, due to the current softness of the construction industry....
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RER & The Environment
Green Building Could Triple by 2013
The U.S. green building market is accelerating at a dramatic rate, according to McGraw-Hill Construction’s Green Outlook 2009: Trends Driving Change report, released last week at the Greenbuild International Conference and Expo in Boston. The value of green building construction starts was up five-fold from 2005 to 2008 (from $10 billion to $36-$49 billion), and could triple by 2013, reaching $96-$140 billion....
Bandit Recyclers Turn Grass Into Biomass in Poland
Bandit Beast recyclers are playing a part in the expanding international biomass fuel markets by reducing wood and grassy materials, the company said last week....
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Bricks & Clicks
Terex AWP Introduces Online Service Training
Terex Aerial Work Platforms last week introduced its online service training that will provide technicians with an interactive way to learn about troubleshooting and repairing Genie products. By participating in this online program, technicians can further develop their technical ability and confidence when servicing Genie equipment, the company said....
RMI to Extend 0% Financing on Business Management Software
RMI Corporation, headquartered in Avon, Conn., last week announced it is extending a 0-percent financing promotion for software and services through Dec. 19. The promotion is available to new customers doing business in the United States and Canada. Meeting minimum requirements and credit approval, new customers can receive zero percent APR financing on terms up to 36 months....
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Drain Cleaning Equipment
General Pipe Cleaners
For over 75 years, GENERAL PIPE CLEANERS pioneered key developments in the drain cleaning industry - including heavy duty FlexicoreR cable, power-driven and automatic-feed machines, and video inspection systems.
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Buyers Guide
Buyers Guide
The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.
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Rental Rate Guide
Rental Rate Guide 2008
Want to know how much equipment is renting for these days? Find out in RER’s original 2008 Rental Equipment Rate Guide.
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