Content Tagged: "Expansion"

The following companies have made recent changes to their staff or organization. 

JA Mitsui Leasing (JAML), through its subsidiary, JA Mitsui Leasing USA Holdings, has acquired 100 percent interest in Oakmont Capital Holdings, doing business as Oakmont Capital Services (OCS), a specialty finance company that delivers broad-spectrum solutions for essential-use, small-ticket equipment. 

Thunder Creek Equipment, Pella, Iowa, has expanded its truck upfit line of fuel and service solutions with the addition of the Class 5 Isuzu NRR truck chassis.

Dorothy “Dot” Williford, owner, Dot’s Rentals & Sales, is considered a legend in her time to the folks in Texarkana, Texas. See how Williford, who just turned 91 on March 8, is cementing her company’s legacy as a women-owned-and-operated, customer service-focused business with the addition of her daughter and granddaughter.

Sunstate Equipment, Phoenix, is expanding its industrial solutions division with the opening of two new locations in Louisiana this spring.

Since 1970, the Bown family and Butler Rents have been synonymous with creating beautiful events for customers throughout Denver and the entire state of Colorado. See their secret for success.

Stellar Industries, Garner, Iowa, has purchased a warehouse facility in Mason City, Iowa.

The following companies have made recent changes to their staff or organization.

In a strategic move to bolster support for dealers and customers, Hitachi Construction Machinery Americas, announced the opening of a new headquarters facility in Newnan, Ga.

Herc Rentals, Bonita Springs, Fla., recently acquired California-based Quality Equipment Rentals and Wisconsin-based Aerial Work Platforms through separate transactions.

Herc Holdings, Bonita Springs, Fla., reported a record $831 million in total revenue during the 2023 fourth quarter, up 6 percent compared to $786 million the year before.

4-Horn Trench & Shoring is expanding to the Midwest with the opening of a new facility in Inver Grove Heights, Minn.

Sunstate Equipment Co., has signed an agreement to purchase the assets and ongoing operations of all Trench Shore Rentals and Trebor Shoring Rentals locations in Arizona, California and Texas.

Advanced Industrial Devices (AID), Tulsa, Okla., a portfolio company of Black Bay Energy Capital, has acquired R.S. Integrators (RSI), Pineville, N.C.

Jim Duke, owner of Target Rental in Durango, Colo., went from being a plumber to now overseeing three successful rental/Bobcat locations. 

Durante Rentals, doing business as Iron Source, has opened a new location in Delmar, Del., to enhance its services and broaden its reach in the southern Delaware and Maryland markets.

Action Equipment & Scaffold Co., Phoenix, a provider of scaffolding rental equipment, services and permanent access solutions, has acquired Texas-based scaffolding provider Mdm Scaffolding Service.

Carter Rental, the authorized Cat® dealer for Virginia, Delaware, Maryland, Washington, D.C., and West Virginia, is preparing to open three new stores in Christiansburg, Va., District Heights, Md., and Suffolk, Va., in early 2024.

The following companies have recently expanded their dealer or distributor network. 

EquipmentShare has opened a new industrial and upfitting center in Moberly, Mo. The company said it is investing more than $46 million in the facility and expects to create 151 new jobs over the next four years.

The former IRA Civic Center in Grand Rapids, Minn., was renamed Yanmar Arena on Nov. 1, 2023.

Bobcat Co. intends to establish a new manufacturing facility in Monterrey, Mexico, anticipated to begin production in early 2026.  

Kohler Co., Kohler, Wis., said it will set Kohler Energy up as a separate, independent business with Platinum Equity engaged as the majority investment partner.

Caterpillar's Sandford, N.C., facility is celebrating its 25th anniversary with a multimillion-dollar expansion in progress to support the company’s next generation of products.