Hitachi Construction Machinery Americas (HCMA), Newnan, Ga., a subsidiary of Hitachi Construction Machinery (HCM), Tokyo, introduced three new excavators during a press event Thursday, May 19, at the Callaway Resort & Gardens in Pine Mountain, Ga.
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.
Manitex International, an international provider of cranes and specialized industrial equipment, has completed the acquisition of 70 percent of Rabern Rentals, of Amarillo, Texas, for $25.9 million.
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
As if construction work wasn’t dangerous enough, the use of job-made boxes, baskets and platforms increase fall-related risks and crush injuries inherent in the industry.
They say what goes up, must come down. But construction material pricing has been testing that inevitability for over two years, with no discernible end in sight. Economist Ken Simonson issued yet another construction inflation alert last week, spotlighting the inexorable climb of diesel, aluminum mill
