Ahern Rentals Seeks Bankruptcy Court Approval for Exit Financing

Las Vegas-based Ahern Rentals has asked the Nevada bankruptcy court to approve a $415-million financing package from Jeffries Finance that it plans to use to fund its Chapter 11 exit. The papers were filed with the U.S. Bankruptcy Court for the District of Nevada on May 19. The current owners' plan will be judged alongside a competing proposal put forward by a group of its noteholders, who want to gain control over the company to satisfy $267 million of debt. The company’s plan would...
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Ahern Rentals Seeks Bankruptcy Court Approval for Exit Financing

Las Vegas-based Ahern Rentals has asked the Nevada bankruptcy court to approve a $415-million financing package from Jeffries Finance that it plans to use to fund its Chapter 11 exit.

News • May 22nd, 2013
Volvo Rents Expands Texas Footprint with New Store in Selma

Volvo Rents has opened a new rental center in Selma, TX. This is the latest move in the company’s continued expansion of its Texas rental business portfolio, increasing its statewide total to 12 rental centers.

Press Release • May 22nd, 2013
Point-of-Rental Introduces Mobile Workforce

New with Point-of-Rental’s most recent update, the company introduced its Mobile Workforce App. This app empowers workers on a jobsite as well as in the rental yard, capitalizing on their mobility.

Press Release • May 22nd, 2013
350Z NXT2 Compact Excavator

The zero tailswing 350Z NXT2 is equipped with a 23.9-hp Yanmar electronically controlled, Tier 4-certified diesel engine that provides 20% less fuel consumption than the previous model. Electronic throttle for precise control ECO mode reduces...

Product • May 21st, 2013
Construction Backlog Indicator 7% Higher than One Year Ago Despite Recent Declines

Backlog expected to expand moderately later in 2013 but construction volumes will be roughly flat for rest of the year

Press Release • May 21st, 2013
Enter the Toughest Job Photo Contest for Chance to Win Free Hand Tools

Submit a photo of your toughest job now through June 21, 2013 for your chance to win

Press Release • May 21st, 2013
President to Halve Project Approval Timelines

Presidential memorandum directs steering committee to work with federal agencies on streamlining review and permitting processes for major infrastructure projects

Press Release • May 21st, 2013
Potain MDT 248 Topless Tower Crane

The Potain MDT 248 topless tower crane is the largest in Potain's topless crane range and is well-suited for jobsites where space is tight and multiple cranes are needed. The design allows more cranes to overswing each other in a shorter space...

Product • May 21st, 2013
Potain MD 610 Top-Slewing Tower Crane

The Potain MD 610 top-slewing tower crane is designed for maximum lift capacity and durability with a reinforced mast and strengthened slewing section. Available with either 25 or 40 ton capacities with 262-ft. maximum jib lengths 270 LVF hoist...

Product • May 21st, 2013
Equipment Finance Industry Monthly Confidence Increase Reflects Increasing Optimism

The Monthly Confidence Index for the Equipment Finance Industry is up 2.7 points from April despite concerns over the economy, federal policies

Press Release • May 21st, 2013
AGC's Construction Project Manager Course

AGC's Construction Project Manager Course (PMC) provides the chance to hone the skills necessary to work more efficiently, increase productivity and propel your construction business to the next level. PMC participants experience an interactive...

Event • December 8th, 2013
Anne M. Ellis Elected President of ACI

The American Concrete Institute introduced its 2013-2014 president, vice president and four board members during the ACI Spring 2013 Convention

Press Release • May 20th, 2013
Construction Jobs Data Shows Uneven Signs of Employment Growth

Construction demand appears to be slackening amid federal construction spending cuts and relatively weak private sector demand

Press Release • May 20th, 2013
US Equipment Rental Revenue to Top $34 Billion in 2013

Represents a 7.3% increase over 2012, with revenue growth reaching 7.9% in the fourth quarter

Press Release • May 20th, 2013
Texas Increases Safety Focus - Fatality Rate Drops

Texas saw 26% drop in fatality rate between 2008 and 2011 - the eighth largest decline among states

Press Release • May 17th, 2013