NES Rentals Adds 23 Terex Rough Terrain Cranes to Rental Fleet
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.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.