United Rentals to acquire Ahern Rentals for $2 billion
United Rentals, Stamford, Conn., has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Las Vegas, for approximately $2 billion in cash.
Industry Updates
What is Internet Defamation and How to Protect Against it?
In the world of digital media and social networks, internet defamation is a growing threat and all-too present reality for some. So, how can you protect yourself against internet defamation and preserve evidence of defamatory attacks and comments to strengthen your legal claim?
Heavy Equipment Soars as the Economy Falters
The heavy equipment industry, worth approximately $200 billion annually, is expected to exceed $230 billion by 2025 and is poised for explosive growth.
Georgia Equipment Rental Operators Get Additional Tax Relief
On May 2, 2022, Georgia Gov. Brian Kemp signed into law House Bill 1103, an amendment to an existing heavy-duty equipment motor vehicle code that defines weight limitations of equipment eligible for property tax relief. Previously, equipment weighing 5,000 lbs. or more was eligible for
Hitachi Showcases Excavators
Hitachi Construction Machinery Americas (HCMA), Newnan, Ga., a subsidiary of Hitachi Construction Machinery (HCM), Tokyo, introduced three new excavators during a press event Thursday, May 19, at the Callaway Resort & Gardens in Pine Mountain, Ga.
RentalMax Acquires A to Z RentAll, Expands to Wisconsin
RentalMax, Carol Stream, Ill., has acquired A to Z RentAll and Sales, Madison, Wis. The acquisition was effective on April 29, 2022, and will continue the legacy of high-quality equipment rental established by former owner Kevin Hoffman and his family, the company said.
Bob Krause Named Chief Operating Officer for Sunstate Equipment Co.
A long-time industry veteran, Krause will now lead General Rental and Trench division operations, sales and marketing, and business excellence for the 45-year-old company.
Manitex Acquires Rabern Rentals, Names New CEO
Manitex International, an international provider of cranes and specialized industrial equipment, has completed the acquisition of 70 percent of Rabern Rentals, of Amarillo, Texas, for $25.9 million.
Herc Holdings reports company record-setting rental revenue
Herc Holdings, Bonita Springs, Fla., today reported earning $567.3 million in total revenue during the 2022 first quarter, up 25 percent compared to $453.8 million in the 2021 first quarter.