United Rentals Inc. has named Matt Flannery as executive vice president and chief operating officer, effective with the closing of the company's merger with RSC Holdings Inc. announced in April. He previously served as executive vice president of operations and sales, and leads the RSC integration process.
The Toro Company has acquired light construction and hardscape product assets from Stone Construction Equipment, which manufactured concrete and hardscape equipment for rental and construction companies. Terms of the transaction were not disclosed.
Ashtead Group Plc, the parent of A-Plant in the U.K. and Sunbelt Rentals in the U.S., reported a company recorded fiscal year-end, pre-tax profit of £130.6 million (US$203.5 million), up from £31.0 million (US$48.3 million) the year before.
National Equipment Register (NER), which provides information about equipment theft risk, has completed a data sharing arrangement with Vermeer Corp. to help Vermeer customers combat equipment theft. NER is a division of the Verisk Crime Analytics unit at Verisk Analytics.
LoJack Corp. has released its 12th annual Construction Equipment Theft Study. According to the report, LoJack-equipped construction assets worth about $8.8 million were recovered in 2011. A total of 40 people were arrested by the police as a result of recoveries involving these assets.
In June, a five-year water line replacement project for the city of Pittsburg, KS, was presented to city commissioners by John Bailey, public utilities director. The cost to replace the city’s 100-year old water lines and hydrants is expected to be at least $250,000 annually.
In 2010–11, major earthquakes hit Chile, Japan and New Zealand, causing significant damage to water system infrastructure. In response to these events, the Water Research Foundation funded project #4408 under the Emerging Opportunities Program to investigate the potential implications of the earthquakes on U.S. water utilities.
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