On May 2, 2022, Georgia Gov. Brian Kemp signed into law House Bill 1103, an amendment to an existing heavy-duty equipment motor vehicle code that defines weight limitations of equipment eligible for property tax relief. Previously, equipment weighing 5,000 lbs. or more was eligible for
RentalMax, Carol Stream, Ill., has acquired A to Z RentAll and Sales, Madison, Wis. The acquisition was effective on April 29, 2022, and will continue the legacy of high-quality equipment rental established by former owner Kevin Hoffman and his family, the company said.
A long-time industry veteran, Krause will now lead General Rental and Trench division operations, sales and marketing, and business excellence for the 45-year-old company.
Herc Holdings, Bonita Springs, Fla., today reported earning $567.3 million in total revenue during the 2022 first quarter, up 25 percent compared to $453.8 million in the 2021 first quarter.
Construction input prices are up 24.4% from a year ago and 39.1% from February 2020, the month before the pandemic began to affect the economy, while nonresidential construction input prices are up 25% from a year ago and 39.2% from February 2020.
Industry Roundup: LiuGong Partners with Love Power Equipment