EquipmentWatch Announces Lowest Cost of Ownership Awards Winners
Today, EquipmentWatch named the winners of the 2017-2018 Lowest Cost of Ownership Awards. The announcement was made during the awards ceremony held during EquipmentWatch’s 1st annual customer conference, Traction. The winners represent the models, within their respective equipment types, with the lowest five year total cost of ownership and were identified using proprietary EquipmentWatch Ownership…
Sunbelt Rentals to Acquire CRS
CRS Contractors Rental Supply Limited Partnership (“CRS”) has entered into a unit purchase agreement to sell CRS to Sunbelt Rentals (“Sunbelt”), the North American business of Ashtead Group plc, for C$275 million plus a potential earn-out. Sunbelt Rentals is headquartered in Fort Mill, SC. CRS is Sunbelt’s first acquisition in Eastern Canada and will become…
Sunbelt Rentals to Provide KOHLER Engines for its Customers
Sunbelt Rentals, one of the largest equipment rental companies in North America with a branch network of more than 600 locations, recently invested in nearly 700 pieces of equipment powered by KOHLER Engines. Sunbelt connected with Kohler at The Rental Show and took advantage of exclusive show discounts designed to encourage attendees to save on…
Equipment Rental Industry Poised for Stronger Growth
The new five-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) continues to call for steady gains and expectations for growth are greater than in the February forecast. ARA now projects U.S. equipment rental revenue to reach $49.4 billion in 2017, up 4.5 percent over last year. The February forecast projected U.S….
