NES Rentals has obtained 23 Terex rough terrain cranes for its rental fleet. Offering lifting capabilities ranging from 30 to 70 tons, the new crane models will be distributed among multiple branch locations throughout NES Rentals’ territory including 27 states in the Central and Eastern United States.
The agreement with Terex includes a mix of 30-ton class Terex RT 230 cranes, 55-ton capacity Terex RT 555 cranes and the 70-ton Terex RT 670 crane models. The agreement was structured through Terex Financial Services, which used its extensive knowledge of the crane equipment and current market conditions to custom-tailor a program for NES to maximize rental revenue, while meeting the company’s short-, mid- and long-term goals.
“At NES, we pride ourselves on supplying our customers the latest equipment, offering the latest safety features and delivering reliable performance in the field, so they can complete their projects on schedule and within budget,” said Andrew Studdert, chairman and CEO of NES Rentals. “This agreement for new crane equipment allows us to refresh our rental fleet, so we can deliver on this promise to our customers. It also enables us to standardize on a single crane brand, Terex, which helps our team members to be more efficient and offers us streamlined service and support.”
Delivery of the new rough terrain cranes to NES locations will begin immediately and continue over the next several weeks.
“This was a team effort that included several Terex groups working with NES to supply the equipment the rental company needed to better support its customers,” said Dave Kuhlman, senior sales manager, major accounts team for Terex Cranes. “We appreciate NES’ trust in Terex crane equipment and its confidence in structuring the crane rental fleet around the Terex brand.”
NES Rentals, based in Deerfield, Ill., is No. 11 on the RER 100.
