Business Services: Page 318

Hertz Clarifies 2012 Projected Revenue for Its Equipment Rental Business Unit

Hertz Global Holdings Inc. has clarified that the 9-10% worldwide revenue growth it predicted for its equipment rental business will be driven by an estimated 14% increase in its U.S. operations.

Subaru Announces 5-Year Warranty, a First in the Industry

Subaru Industrial Power Products

After leading the industry as the first to offer a 3-year warranty, Subaru is now backing its industrial engines with the industry’s first 5-year warranty.

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Altec Chippers Enter Consumer Rental Market Via Home Depot

Altec Industries

Altec Industries has announced a strategic partnership with Compact Power Equipment Centers to offer Altec chippers in Home Depot Tool Rental stores across the United States and Canada.

Ramirent Chooses Wynne Systems

Wynne Systems Inc.

Wynne Systems, an international provider of business intelligence software for the equipment rental industry, has announced that Finland-based Ramirent has chosen to implement the Wynne Systems suite of applications. Ramirent piloted Wynne’s RentalMan and InfoManager applications in 2011.

USGBC Approves NCCER Alternative Energy Course for Green Building Education

The National Center for Construction Education and Research (NCCER)

Course will help satisfy Credentialing Maintenance Program requirements from the Green Building Certification Institute

RSC Q4 Results Show Rental Volume Up 20.7% Year Over Year

Adjusted EBITDA margin was 38.9% for the fourth quarter, compared with 34.4% in 2010. The increase in profitability and margins primarily reflects continued volume growth, pricing growth and the company's ability to leverage and control its operating costs.

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Construction Equipment Sales Up 45% for Caterpillar

Caterpillar's total revenues for 2011 were $60.138 billion, up 41% from $42.588 billion in 2010.

AGC Releases Unit 1 of Lean Construction Education Program

Associated General Contractors of America (AGC)

Unit one is a half-day course introducing the concept of variation in Lean Construction

United Q4 Rental Revenues up 18.5%, Rates Increase 6% from 2010

United Rentals Inc.

Rental revenue increased 18.5% for the fourth quarter 2011, compared with the fourth quarter of the prior year, reflecting year-over-year increases of 6.7% in rental rates and 15.1% in the volume of equipment on rent. For the full year, rental rates increased 6.1% from 2010.

Sunbeam Rentals to Provide Portable Solar Light Towers to Oil and Gas Industry in Pennsylvania

Sunbeam Rentals, an equipment rental dealer, is focused on one primary objective – to provide full-service rentals in the northeastern U.S. to industries interested in the rapidly growing Progress Solar Series of Light Towers for portable outdoor lighting applications.

Financing, Insurance & Leasing

Ritchie Bros. To Hold Auction on January 27, 2012

Ritchie Bros. Asset Solutions

Ritchie Bros. will hold its first equipment auction of the year in Las Vegas on January 27, 2012, the last day of the World of Concrete

Ritchie Bros. new Las Vegas auction site

Counter Thoughts

Make an Impact on the Message: Join Rental's New Editorial Board

Contact Editor Jenny Lescohier if you're interested in providing your feedback on our content and the various vehicles used to bring it to our audience, not to mention sharing your point of view on the market in general.

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