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US rental giant United Rentals is exploring a “…broad range of strategic alternatives…including a possible sale, ” in order to maximize shareholder value. The company has retained financial advisors and will not disclose further information until its board has “completed its evaluation or approved a specific transaction”. The 10 April announcement also reported the June 4 retirement of CEO Way . . . more | |||||
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 CCTV risingConstruction of Central Chinese Television’s (CCTV) new headquarters (right) and Television Cultural Centre (below) in Beijing, China is on schedule with ground construction now reaching 50 . . . more |
| Construction drives US employment More than 30% of the new jobs created in the US in March were in the construction sector, according to the Associated General Contractors of America (AGC). AGC chief economist Ken Simonso . . . more |
| Rinker approves higher Cemex bid Australia-based Rinker has recommended its shareholders accept an increased takeover bid of US$ 15.85 per share from Cemex. The offer values Rinker at US$ 15.3 billion, +22% more than the ho . . . more |
 Venice-Mestre Hospital nears completionConstruction of the Emilio Ambasz designed € 253 million Venice-Mestre Hospital, Italy has moved into the final stages of construction, with work now focusing on the final fit-out. The st . . . more |
| Australian construction activity fell in March Construction activity in Australia fell slightly in March, underpinned by weaker commercial construction activity, with the Australian Industry Group – Housing Industry Association (HIA) Per . . . more |
| Family to cut VolkerWessels stake The Wessels family has announced plans to cut its ownership of Dutch contractor VolkerWessels from 90% to 42,5%. Private investor CVC Capital Partners will take a 42,5% stake, and the portio . . . more |
 New VP at Manitowoc Crane Care AmericasDavid Hardin has been promoted to vice president of Manitowoc Crane Care for the Americas. As VP Hardin Hardin will give planning, direction and management for all Manitowoc Crane CARE teams . . . more |
| Cranimax with Kobelco and Sennebogen Lift planning software company, CraniMax GmbH, in Germany is adding more crane manufacturers to its list of partners. At the Bauma exhibition in Munich, Germany late April, CraniMax will . . . more |
 Manitex to ship new 50-tonnerManitex will ship the first model of its 50-ton capacity 5096S in April, ACT has learned exclusively. Designed with the taxi crane market in mind, this crane has a 50-ton base rating and 4-s . . . more |
 Perna adds Tadano truck craneFamily-run rental house Perna Engineering in Perth, Australia, has added another Tadano truck crane to its fleet. The new 55 tonne capacity GT-550E from Tadano dealer James Equipment will wo . . . more |
 Attention in the airAll eyes were skyward when an Erickson Air-Crane helicopter lifted and placed a 7 tonne power pole structure in the US. The Sikorsky-64 placed it into pre-dug holes and marked the start of r . . . more |
| Link-Belt showing HTT-8690 at SED Link-Belt Construction Equipment Co. plans to exhibit a telescopic crane at SED May 22–24, 2007 in the Cranes & Access Village, Rockingham Performance Park, Corby, Northants, UK. The Link-Be . . . more |
| Makita to buy Fuji Robin Power tool company Makita has offered to acquire Fuji Robin, the Japanese manufacturer of small petrol engines. Fuji Robin’s majority shareholder, Fuji Heavy Industries, has accepted Makita’ . . . more |
| IRN-100 world survey underway The second IRN-100 listing of the world’s largest equipment rental companies will be published in the next issue of IRN (June). Rental companies are invited to submit the following data befo . . . more |
| Classic expands in North Carolina California-based Classic Party Rentals has acquired ACE Party Rentals in Charlotte, North Carolina. The move expands the local presence it established last August when it bought Carolina Par . . . more |
| Rental growth in Qatar Proliferating construction projects and increasing foreign contractor participation are driving rising rental penetration in the Arabian Gulf state of Qatar, said P. Rajagapalan, rental mana . . . more |
| Strong Speedy sales Speedy Hire in the UK said its revenues rose 34% during the first 11 months of its fiscal year. The performance, reported in advance notice of preliminary results for the 12 months ended on . . . more |
| Scafftags for MEWPs Welsh company Scafftag said its new status tagging system for aerial platforms helps users comply with the UK’s Working at Height regulations. The company’s tags display inspection, maintena . . . more |
 New Bronto to StormBelgian access rental company Storm Hoogwerkers took delivery recently of a new Bronto Skytlift S52XDT at its new headquarters in Kontich. The 52 m working height, 36 m out reach machine rep . . . more |
| Geda climbers in Kiev Two GEDA 1500 Z/ZP transport platforms helped deliver the on time completion of a 126 m office building complex, the most modern to-date, in Kiev, Ukraine. One of the 7-person/1500 kg or . . . more |
| New technical head at Upright Ireland’s UpRight International has appointed Pat Kennelly as head of engineering and manufacturing. Mr Kennelly previously worked for Glen Dimplex, Pratt & Whitney and Lotus. He comes t . . . more |
| Tennessee dealer carries SkyTrak East Tennessee Rent-Alls Inc. now carries the JLG SkyTrak telehandlers, providing sales and service coverage throughout northeastern Tennessee. The dealer will represent five SkyTrak telehan . . . more |
 Link-Belt adds high reachLink-Belt has unveiled the first, and largest, of what will be a four model range of high reach demolition excavators in the shape of the 700LX high reach. The new machine can carry a 33.5 m . . . more |
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