News

The Equipment Leasing and Finance Association (ELFA) has released its Top 10 Equipment Acquisition Trends for 2014. These trends impact a significant portion of the U.S. economy, considering it's expected for U.S. businesses, nonprofits, and government agencies to spend an excess of $1.5 trillion in capital goods or fixed business investment this year. ELFA forecasts the following Top […]

  Menomonee Falls, Wi.-based Bushman Equipment, a manufacturer of custom-engineered material handling solutions, has acquired the intellectual property assets of ITNAC Corp. of Birdsboro, Pa. This includes the product brands, Flip-Rite and Level-Rite as well as the business name ITNAC. ITNAC's signature products include Flip-Rite, a motorized strap-turning device used for rotating and positioning heavy […]

  The Lifting Equipment Engineers Association (LEEA) has reminded the industry that LiftEx, the only UK trade exhibition dedicated to the overhead lifting sector, is to co-locate with the Safety & Health Expo being staged at ExCel London, 17-19 June 2014. The move will put LiftEx exhibitors and visitors at the heart of Europe’s leading […]

Clark Material Handling Co. has launched two new pallet trucks in its line of Powrworkers; the WPX 45 and WP 30 have capacities of 4,500 and 3,000 lbs., respectively and are available now. The WPX 45 features 24-volt A/C power, an ergonomic tiller arm with a steel tubing handle, fully adjustable pull rods, double sealed […]

Magnetek Inc. has a new line of culus certified dynamic braking resistors that meet UL508A and CSA C22.2 No. 14 safety standards. The dynamic braking resistors work with Magnetek's dynamic braking units to dissipate regenerative energy generated from motors controlled by Impulse brand variable frequency drives.  The new line of culus certified dynamic braking resistors […]

Toyota Material Handling, U.S.A. Inc's (TMHU) new 3,000- to 6,500-lb. capacity diesel engine lift trucks feature a Toyota clean-burning engine that meets Tier 4 Final standards, and further expands the company's 8-Series lift truck line. “Toyota’s new small capacity diesel lift trucks reflect new innovations in product design and fuel efficiency and take lift truck […]

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new business volume for November was $6.6 billion, up 3% from new business volume in November 2012. Month-over-month, new business volume was […]

JCB plans to expand its operations in Staffordshire, UK, investing $245 million and creating an additional 2,500 jobs by 2018, adding a further 7,500 jobs in the UK supply chain. Lord Bamford, JCB Chairman, hosted the Chancellor of the Exchequer, the Rt. Hon. George Osborne at JCB’s backhoe loader factory in Rocester, Staffordshire to mark […]

With Dec. 26 marking its last auctions in 2013, Ritchie Bros. Auctioneers Inc. has released the results of its gross auction proceeds. In 2013 the company sold approximately $3.8 billion of equipment at 356 unreserved auctions around the world in 2013–a 3% decrease from gross auction proceeds in 2012. However, during the fourth quarter of […]

United Rentals Inc. will expand its specialty branch network with three more new U.S. and Canada locations, respectively.  United Rentals Power & HVAC branches in Midland, Texas, Calgary, Alberta, and Moncton, New Brunswick, will provide engineered power, heating, cooling, and ventilation solutions for commercial, industrial, and governmental customers, as well as disaster recovery services. United […]