Industry News
June 12, 2018 - Bandit Industries owners Mike Morey Sr., Dianne Morey and Jerry Morey announced on June 7 they would sell 100 percent of the company to their employees in an employee stock ownership plan (ESOP). Under the ESOP, Bandit will retain its current leadership and key management personnel will remain in place. It will also allow Bandit to always remain Bandit.
On June 6 in Ottawa the Canadian Propane Association presented George Olah with its Lifetime Achievement Award.  Olah is familiar to the rental industry from his time as general manager of Abco Equipment and Supplies in Toronto, his involvement with the Canadian Rental Association and his stint as a columnist in Canadian Rental Service.
June 1, 2018 - Strongco Corporation has announced that it has reached an agreement to terminate the lease of its branch at 205 McAlpine Crescent in Fort McMurray, Alberta, effective July 1, 2018, and has entered into a separate agreement to sublet a smaller building at 310 MacKenzie Boulevard as its new branch in Fort McMurray. The total cost for termination of the existing lease plus real estate fees, legal fees and relocation costs is anticipated to be approximately $3 million. The net savings from exiting the current leased facility in favour of the smaller sublet facility are expected to exceed $9 million.
May 23, 2018 - The Association of Equipment Manufacturers (AEM) has elected Willie Harbert, vice president, sales, hydraulics group of Eaton, to the AEM CE Sector Board to fill an unexpired term.
May 21, 2018 - Terex Utilities recently participated in the 27th Annual Canadian Utility Fleet Form in Toronto, Ontario. The event format is for open discussion between fleet managers and equipment manufacturers. In Canada, Terex Utilities partners with its dealers Wajax and Commercial Equipment Corp.
May 15, 2018 - Echo Barrier is pleased to announce a partnership deal with Multiquip Inc. for distribution in the United States, Canada and Mexico of the Echo Barrier noise control systems and its network of trained personnel, resulting in record accessibility to quality portable noise mitigation solutions.
Stephenson's Rental Services has opened a new full-service store located at 2382 Stouffville Road in Stouffville, Ont. The new location is just  one kilometer east of Highway 404 and will serve the Aurora, Bracebridge, Markham, Newmarket and Richmond Hill areas.  
Symposiums, safety expos, and national safety awards are some of the hundreds of celebratory events occurring throughout Canada as part of North America Occupational Safety (NAOSH) Week, May 6-12.
May 7, 2018 - HOLT Ventures, the corporate venture capital arm of HOLT CAT, has announced a $750,000 investment in Used Equipment Guide, the world's largest used heavy equipment and truck search engine.
Brett and Scott Renaud have sold Bresco Industries to Waste Management Canada, effective May 1.“This is an exciting opportunity for our customers in the Revelstoke area and a well-timed transition for our family business,” said Brett Renaud of Bresco Industries, in a news release.
Apr. 24, 2018 - SMS Equipment Inc. is pleased to announce that they are moving their Williams Lake branch to a new and larger location within the area to better serve their customers. The move is scheduled for Friday, April 27, 2018. The new location is a short one-minute drive from their previous office and features approximately 8,000 square feet on a level 1.5-acre lot.
Apr. 30, 2018 - Wacker Neuson hosted its sixth annual Dealer Summit, October 2-4, 2017 in Milwaukee, WI. Over 70 contracted dealerships where represented by 170 attendees from the United States and Canada. The theme of this year’s meeting, Making History, Building the Future, was a culmination of the 2017 anniversary events celebrating 60 years in US and 50 years in Canada. The two-day event set the strategic direction for dealers through 2022, as well as celebrated many of the dealers achievements, raffles, networking, educational seminars and product displays.
Apr. 24, 2018 - Okada America, Inc. has announced the promotion of Jim Brown to the position of President. Brown, who has replaced Tony Neikirk, previously served as the Executive Vice President of Okada America, Inc. being appointed to that position in 2015.
Apr. 24, 2018 -  Atlas Copco Power Technique North America LLC has appointed Shaunelle Ogwal to the position of marketing communications coordinator.
Apr. 12, 2018 - Following a distinguished career spanning nearly 30 years with the company, Caterpillar Inc. announced today that Group President Rob Charter has elected to retire. Since 2015, Charter has been a group president of Customer & Dealer Support (C&DS).
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