Equipment rental

PRG WELCOMES RICHARD J. PORTER AS NEW CEO

Retrieved on: 
Wednesday, January 24, 2024

NEW YORK, Jan. 24, 2024 /PRNewswire/ -- PRG (Production Resource Group, LLC), the world's leading provider of production solutions for entertainment and live events, has announced that Richard J. Porter has been named CEO, effective February 1, 2024. His appointment follows the departure of Stephan Paridaen, who resigned from the company for personal reasons.

Key Points: 
  • Porter comes to PRG after successfully leading and operating the Tool and Equipment Rental division of The Home Depot, which serves both professional and DIY customers across the United States and Canada.
  • Porter has a proven track record of success, growing and optimizing Compact Power Equipment Rental as their COO prior to its acquisition by The Home Depot in 2017.
  • Porter also led the Reverse Logistics division of The Home Depot during this tenure.
  • Porter said, "With every project, PRG brings to life its tagline of "People.

Cummins Arabia and Sullivan Palatek Form Strategic Alliance to Distribute Portable Air Compressors in the UAE

Retrieved on: 
Tuesday, December 5, 2023

DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- In a strategic move that promises to reshape the landscape of air compressor market in the UAE, Cummins Arabia has joined forces with Sullivan Palatek Asia (SPA).

Key Points: 
  • DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- In a strategic move that promises to reshape the landscape of air compressor market in the UAE, Cummins Arabia has joined forces with Sullivan Palatek Asia (SPA).
  • This alliance introduces SPA's Diesel Driven Portable Air Compressors to the UAE market, under the exclusive distribution of Cummins Arabia.
  • Sullivan Palatek, with a rich legacy in the compressor industry, mirrors Cummins' ethos of dependability and innovation.
  • With a majority of Sullivan Palatek's range powered by Cummins engines, Cummins Arabia's well-established network and technical capabilities offer unmatched support in the field.

Cummins Arabia and Sullivan Palatek Form Strategic Alliance to Distribute Portable Air Compressors in the UAE

Retrieved on: 
Tuesday, December 5, 2023

DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- In a strategic move that promises to reshape the landscape of air compressor market in the UAE, Cummins Arabia has joined forces with Sullivan Palatek Asia (SPA).

Key Points: 
  • DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- In a strategic move that promises to reshape the landscape of air compressor market in the UAE, Cummins Arabia has joined forces with Sullivan Palatek Asia (SPA).
  • This alliance introduces SPA's Diesel Driven Portable Air Compressors to the UAE market, under the exclusive distribution of Cummins Arabia.
  • Sullivan Palatek, with a rich legacy in the compressor industry, mirrors Cummins' ethos of dependability and innovation.
  • With a majority of Sullivan Palatek's range powered by Cummins engines, Cummins Arabia's well-established network and technical capabilities offer unmatched support in the field.

Machinery Leasing Global Market Report 2023: Featuring United Rentals, Tokyo Century, Ashtead Group, Fuyo General Lease & Berkshire Hathaway - ResearchAndMarkets.com

Retrieved on: 
Monday, May 8, 2023

The offline was the largest segment of the machinery leasing market by mode, accounting for 92.37% of the total market in 2022.

Key Points: 
  • The offline was the largest segment of the machinery leasing market by mode, accounting for 92.37% of the total market in 2022.
  • The machinery leasing market is also segmented by leasing type into capital lease and operating lease.
  • Asia-Pacific was the largest region in the global machinery leasing market, accounting for 35.87% of the total in 2022.
  • The global machinery leasing market is fragmented with a large number of small players operating in the market.

Where Do Equipment Rentals Have The Highest Online Search Demand in the US?

Retrieved on: 
Thursday, July 14, 2022

If you're starting an equipment rental business, or expanding to new locations, these 25 cities are the largest markets to be in.

Key Points: 
  • If you're starting an equipment rental business, or expanding to new locations, these 25 cities are the largest markets to be in.
  • Full the full report to view the Top 100 Cities for Equipment Rental Search:
    Using a tool called Keywords Everywhere a popular browser extension that provides Google Keyword Search Volume Data Quipli was able to compile a list of over 35,000 keywords related to equipment rentals.
  • Quipli found a series of common keyword variations that people search for when looking for local equipment rental companies.
  • Quipli's rental software provides businesses a single platform for managing their equipment inventory, accepting payments and pickups in-person and online, and building their websites.

ABLE Equipment Rental, Inc. upsizes current Asset Based Loan (ABL) with M&T Bank

Retrieved on: 
Wednesday, May 11, 2022

DEER PARK, N.Y., May 11, 2022 /PRNewswire-PRWeb/ -- ABLE Equipment Rental, Inc. of NY (ABLE) a supplier of Construction Equipment Rentals, Sales, Service and Parts, announced an increase to its' existing Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent. The $175 million facility is now comprised of a $125 million revolving line of credit along with the original $15 million term loan facility. Additionally, the transaction continues to provide ABLE with a $35 million accordion feature for future growth. The increased credit facility will be used to grow the company's rental fleet, provide for general corporate working capital, and more importantly provide for growth capital as the company expands its geographic footprint beyond the northeast markets.

Key Points: 
  • DEER PARK, N.Y., May 11, 2022 /PRNewswire-PRWeb/ -- ABLE Equipment Rental , Inc. of NY (ABLE) a supplier of Construction Equipment Rentals, Sales, Service and Parts, announced an increase to its' existing Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent.
  • The $175 million facility is now comprised of a $125 million revolving line of credit along with the original $15 million term loan facility.
  • Additionally, the transaction continues to provide ABLE with a $35 million accordion feature for future growth.
  • For more information on ABLE Equipment Rental, visit ableequipment.com or send an email to [email protected] .

MCAA, NECA and SMACNA Release a Joint Tool and Equipment Rental Guide

Retrieved on: 
Tuesday, March 22, 2022

The Mechanical Contractors Association of America (MCAA), the National Electrical Contractors Association (NECA) and the Sheet Metal and Air Conditioning Contractors National Association (SMACNA) announced the release of their joint publication, the Tool and Equipment Rental Guide.

Key Points: 
  • The Mechanical Contractors Association of America (MCAA), the National Electrical Contractors Association (NECA) and the Sheet Metal and Air Conditioning Contractors National Association (SMACNA) announced the release of their joint publication, the Tool and Equipment Rental Guide.
  • While all three organizations have in the past published versions of the Tool and Equipment Rental Guide this joint edition from MCAA, NECA and SMACNA is a new effort.
  • With a shared goal of helping our members stay competitive, SMACNA is proud to collaborate with MCAA and NECA on this Tool and Equipment Rental Guide.
  • The Tool and Equipment Rental Guide is now available for members to access and/or download.

MCAA, NECA and SMACNA Release a Joint Tool and Equipment Rental Guide

Retrieved on: 
Monday, March 28, 2022

WASHINGTON, March 28, 2022 /PRNewswire/ -- The Mechanical Contractors Association of America (MCAA), the National Electrical Contractors Association (NECA) and the Sheet Metal and Air Conditioning Contractors' National Association (SMACNA) announced the release of their joint publication, the Tool and Equipment Rental Guide. The publication is available through each association and is a robust guide to equipment recovery costs for mechanical, electrical, line and other construction contractors.

Key Points: 
  • WASHINGTON, March 28, 2022 /PRNewswire/ -- The Mechanical Contractors Association of America (MCAA), the National Electrical Contractors Association (NECA) and the Sheet Metal and Air Conditioning Contractors' National Association (SMACNA) announced the release of their joint publication, the Tool and Equipment Rental Guide.
  • While all three organizations have in the past published versions of the Tool and Equipment Rental Guide this joint edition from MCAA, NECA and SMACNA is a new effort.
  • "With a shared goal of helping our members stay competitive, SMACNA is proud to collaborate with MCAA and NECA on this Tool and Equipment Rental Guide.
  • The Tool and Equipment Rental Guide is now available for members to access and/or download.

Global HR Research Partners with RedZone Group Purchasing

Retrieved on: 
Thursday, September 16, 2021

FORT MYERS, Fla., Sept. 16, 2021 /PRNewswire/ --Global HR Research (GHRR), a leading employment-screening provider, has entered into an exclusive partnership agreement with RedZone Group Purchasing (RedZone).

Key Points: 
  • FORT MYERS, Fla., Sept. 16, 2021 /PRNewswire/ --Global HR Research (GHRR), a leading employment-screening provider, has entered into an exclusive partnership agreement with RedZone Group Purchasing (RedZone).
  • The agreement with RedZone will give its members access to the country's most advanced screening services, which are supported by GHRR's industry-leading screening technology, Clairiti.
  • Our better data intelligence, better teams, and better technology create a perfect fit for RedZone members."
  • RedZone Group Purchasing offers owners and managers of arenas, stadiums, convention centers, performing arts centers and professional sports franchises access to a nationwide group purchasing program.

Mobile Power Generation Equipment Rentals Market to grow by USD 1.64 billion|Key Drivers and Market Forecasts|17000+ Technavio Reports

Retrieved on: 
Wednesday, August 4, 2021

NEW YORK, Aug. 3, 2021 /PRNewswire/ --The "Mobile Power Generation Equipment Rentals Market Market Analysis, Forecast, Size, Trends, and Insights.

Key Points: 
  • NEW YORK, Aug. 3, 2021 /PRNewswire/ --The "Mobile Power Generation Equipment Rentals Market Market Analysis, Forecast, Size, Trends, and Insights.
  • Technavio has monitored the mobile power generation equipment rentals market in its latest market research report.
  • The market is poised to grow by USD 1.64 billion during 2021-2025 and register a CAGR of 4.55% during the forecast period.
  • The mobile power generation equipment rentals market report extensively covers market segmentation by product (generator and turbine) and geography (North America, APAC, MEA, Europe, and South America).