Acme Lift and Hitachi to Expand Earthmoving Business and Divest Aerial Fleet in Stages

Woody Weld, chairman and CEO of Acme Lift Co., confirmed to RER that Acme and Hitachi Construction Machinery have agreed to move forward together in expanding their capabilities as a nationwide earthmoving rental provider.
July 5, 2021
2 min read

Woody Weld, chairman and CEO of Acme Lift Co., confirmed to RER that Acme and Hitachi Construction Machinery have agreed to move forward together in expanding their capabilities as a nationwide earthmoving rental provider. They have further agreed to divest themselves of their aerial lift, telehandler, and air compressor rental fleet so that their combined abilities will be entirely focused on this earthmoving project.

Consequently, Acme / Hitachi has decided to accept an offer from United Rentals allowing it to acquire Acme's entire fleet of aerial lift, telehandlers and air compressors. “We plan to focus our energies 100 percent on earthmoving moving forwards,” Weld said.

Acme / Hitachi will immediately expand their earthmoving fleet and product support capabilities to accommodate the earthmoving requirements of its existing and new customers.

Acme's aerial, telehandler, and air compressor asset sale is being conducted in such a way as to minimize disruptions to Acme's customers and will commence the week following the 4th of July weekend. Initially only off-rent Acme assets will be transferred to URI. Each subsequent month, more assets will be transferred as they enter off-rent status.

The sale of all assets will become final on Sept. 30, 2021, Weld said.

With a 26-year history of serving the North American construction equipment rental marketplace, Acme and HCM are excited and confident that their combined capabilities will present new and useful solutions to their customers’ earthmoving problems.

Acme Lift Co. is No. 39 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.

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