United Rentals Completes RSC Acquisition

United Rentals Inc. has officially acquired RSC Holdings Inc. in a cash-and-stock transaction valued at $18.00 per share at the time of announcement, for a total enterprise value of $4.2 billion, including $2.3 billion of net debt. The combined companies will accelerate its potential for growth with industrial customers, as well as provide a lower […]

30/04/2012 - 04:00 am

HBC-radiomatic Introduces Revolutionary Crane Operating Concept

HBC's radiomatic pilot, a newly-developed operating concept for machinery and cranes, brings intuitive movements from everyday life to the workplace, allowing for a unique operating experience. The concept is based on an integrated inclination function. "By the horizontal and vertical inclination of the transmitter, the operator can control two machines or crane drives," said Christian […]

30/04/2012 - 04:00 am

Shareholders of United Rentals and RSC Approve Merger

Yahoo Finance reports that shareholders from United Rentals Inc., Greenwich, Conn., and RSC Holdings Inc., Scottsdale, Ariz., have voted in favor of United's pending $2.51 billion acquisition of RSC. United said that 83 percent of the shares voted at its Friday meeting were in favor of the deal, while RSC said that 84 percent of […]

30/04/2012 - 04:00 am

HAWE Adds CAN-IO14 Control Unit to Mobile Equipment Lineup

HAWE Hydraulics, Charlotte, N.C., has released of the CAN-IO14 control unit. The unit has four proportional outputs and four pulse-width modulation (PWM) outputs, all of which can also be configured as inputs. These output ports combined with six analog inputs, which have ranges between 0–10 V and 4–20 mA, mean the CAN-IO14 introduces unprecedented flexibility […]

27/04/2012 - 04:00 am

LEEA makes the case for LOLER

  The Lifting Equipment Engineers Association (LEEA) has responded to the UK government’s review of health and safety legislation by voicing support for retaining LOLER (Lifting Operations and Lifting Equipment Regulations) in its present form. The LEEA believes that watering down LOLER, or merging it with PUWER (Provision and Use of Work Equipment Regulations), is […]

26/04/2012 - 10:07 am

NCCCO Begins Work on Three New Certifications

The National Commission for the Certification of Crane Operators is in the process of developing three new certification programs for digger derrick operators, service/mechanic truck operators, and lift directors. The Digger Derrick Task Force, chaired by Josh Chard of Altec Corp. and Jim Olson of Terex Utilities, began work last summer. The program, which will […]

26/04/2012 - 04:00 am

Terex and Volvo Executives Join AEM’s CE Sector Board

The CE Sector Board of the Association of Equipment Manufacturers (AEM) has elected two new directors: Tim Ford of Terex Corp. and Dave Foster of Volvo Construction Equipment NA Inc. Ford is president of Terex Aerial Work Platforms for Terex Corp. and fills an open position. Dave Foster is vice president, marketing & communications for […]

26/04/2012 - 04:00 am

JLG Sales Up 61 Percent

In its Q2 fiscal 2012 financial statement, Charles Szews, president and CEO of Oshkosh Corp., Oshkosh, Wis., said the strong performance by the access equipment segment drove the company’s quarterly results above expectations. This segment includes sales of JLG telehandlers and aerial work platforms. "We believe customer actions and industry metrics point to a sustained […]

26/04/2012 - 04:00 am

Manulift Offers Merlo Panoramic 25.6L in Canada

Designed and developed to allow greater accessibility to buildings while maintaining the 360° visibility, the Merlo Panoramic P25.6 L will soon revolutionize the compact telehandler industry in Canada. The low-profile version is only 5’9" tall but maintains the load capacity and performance from the P25.6. With its compact size, its 5,510-pound lifting capacity and its […]

26/04/2012 - 04:00 am

Terex Encouraged by AWP, Crane Segments Performance in Q1 2012 Results

In its first quarter financial report, Terex Corp., Westport, Conn., announced income from continuing operations of $20.5 million, or $0.18 per share, for the first quarter of 2012, as compared to income from continuing operations of $5.0 million, or $0.04 per share, for the first quarter of 2011. Net sales were $1.8 billion in the […]

26/04/2012 - 04:00 am

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LHI March 2024

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