Industry News
July 6, 2017 - With last year’s announcement that Lifting Gear Hire would resume operations in the United Kingdom, LGH has since expanded operations into a brand new territory entirely: Canada.
July 6, 2017 - The Home Depot has announced a definitive agreement to purchase Compact Power Equipment, Inc., a national provider of equipment rental and maintenance services for $265 million in cash. The transaction is expected to close by the end of the company's fiscal second quarter.
June 21, 2017 - LOU-TEC Group Inc. has announced the merger of 12 LOU-TEC locations in the Quebec City, Montreal and Gatineau/Ottawa areas. With this merger, seven LOU-TEC affiliated locations of Équipements Supérieurs in the Quebec City area, four LOU-TEC affiliated locations of Groupe Aztec in the greater Montreal area and Gatineau/Ottawa, and the LOU-TEC Group Inc. franchisee location in Anjou are joining forces to better meet the growing demand from contractors and major project developers in Quebec.
June 13, 2017 - The Brandt Group of Companies and the Saskatchewan Roughriders Football Club are pleased to announce that Brandt has joined the team's roster of Founding Partner-level sponsors, bringing the total to eleven.
June 13, 2017 -  XCMG has opened its first retail store and service center in Edmonton, Canada where it will offer local sales, spare part, service and customer service support for the company's world-class construction machinery products.
June 8, 2017 - TireSocks, Inc., a supplier in surface protection and safety products, announced a major personnel reorganization starting with the hiring of Kali Peterson as the new General Manager.
May 29, 2017 - The Engines Division of Kawasaki Motors Corp., U.S.A announced the addition of Todd Sytsma to its management team overseeing relationships with the OEM community. Sytsma, a Grand Rapids native, has joined the company as an OEM sales manager.
May 29, 2017 - The Brandt Group of Companies and the Regina Exhibition Association Ltd. (REAL), the operator of Evraz Place, have announced that they have reached a new 10-year agreement that will see Brandt continue as the naming sponsor for the facility's principal sports and event venue, the Brandt Centre.
May 29, 2017 - TVH in the Americas (TVH)is proud to announce that it recycled more than 369 tons of paper, cardboard and other recyclable materials in 2016.
May 16, 2017 - A fleet of more than 20 JCB machines is playing a starring role in the latest installment of a cult film franchise. JCB skid steer loaders, Loadall telescopic handlers and JS excavators were supplied to 20th Century Fox for the making of the new film “Alien: Covenant” which will be released in the U.S. on Friday, May 19.
May 16, 2017 - The Independent Equipment Dealers Association (IEDA) welcomes incoming President Kevin Fox with Dewitt Equipment Co, in Barrie, Ont., and new Board Members Luke Brenner with Heavy Equipment Co. in Austin, TX, Kenneth Tysinger with May Heavy Equipment in Lexington, NC and Chris Lohman with South Mountain Tractor in Tempe, AZ, as well as Treasurer, Kristin Waldie, BBA with CapStone Accounting in Minesing, Ont.
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May 15, 2017 - The Canada Pension Plan Investment Board boosted its stake in shares of United Rentals by 9.2% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 143,185 shares of the construction company’s stock after buying an additional 12,092 shares during the period. Canada Pension Plan Investment Board owned 0.17% of United Rentals worth $17,905,000 at the end of the most recent quarter.
May 15, 2017 - TVH in the Americas (TVH), is sponsoring two male puppies in training at the National Service Dogs (NSD) organization in Ontario, Canada. This TVHCares initiative takes care of each puppy’s veterinary, training and care expenses for the first year.
May 1, 2017 - United Rentals, Inc. has announced financial results for the first quarter 2017. Total revenue was $1.356 billion and rental revenue was $1.166 billion for the first quarter, compared with $1.310 billion and $1.117 billion, respectively, for the same period last year. On a GAAP basis, the company reported first quarter net income of $109 million, or $1.27 per diluted share, compared with $92 million, or $1.01 per diluted share, for the same period last year.

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