United Rentals Appoints William Plummer as Chief Financial Officer

Tuesday, November 25th 2008

United Rentals, Inc. announced that it has appointed William B. Plummer as Chief Financial Officer, effective December 1, 2008. Mr. Plummer brings more than two decades of financial leadership experience to United Rentals, most recently as Chief Financial Officer of Dow Jones & Company. In that role, he set policy for its global finance and corporate strategy functions. Prior to Dow Jones, Mr. Plummer was Vice President and Treasurer of Alcoa... 

Titan Tire Corporation of Bryan to Resume Giant Tire Production After Disruption

Tuesday, November 25th 2008

Titan Tire Corporation of Bryan temporarily halted giant tire production Sunday, November 23, due to a pressure issue with one of its 53/80R63 curing presses. A build up and release of pressure from the one curing press resulted in building structure damage. Fortunately, there were no serious injuries. Production on Titan’s super giant tire will be down for approximately 10 to 14 days while repairs are made. Titan expects that certain costs of the... 

Fluor Acquires Engineering Companies in Belgium and Spain

Monday, November 24th 2008

Fluor Corporation announced that it recently acquired two private engineering companies in Europe. The acquisitions include UNEC Engineering N.V. of Antwerp, Belgium, and Europea de Ingenieria y Asesoramiento (E.I.A.) of Tarragona, Spain. Both companies will become part of the European operations of Fluor’s Global Services business group. Financial details for these transactions were not disclosed. The E.I.A. and UNEC purchases are part of Fluor’s... 

Equipment sellers in Spain, Los Angeles and Dubai benefit from global reach of Ritchie Bros.

Monday, November 24th 2008

Ritchie Bros. Auctioneers gave equipment sellers easy access to the global marketplace last week, attracting bidders from around the world to seven unreserved industrial auctions in four countries – including the largest Spain auction in Company history. The three-day auction at the Company’s Moncofa, Spain auction site generated almost (euro)30 million (US$38 million) in gross auction proceeds. Ritchie Bros. the world’s largest... 

Anything Brands Online Tradesman Tool Division Launches National Dealer Network and Increased Revenue Projections for 2009

Monday, November 24th 2008

Anything Brands Online, Inc. announced that its Tradesman Tool division has greatly expanded its revenue projections for 2009 through the launch of a national dealer network. Tradesman Tool, an Online Retailer of Automotive & Industrial Tools & Equipment, sets its plan in motion to establish a group of 100 independent dealers throughout the U.S. Targeted sales for each dealer will be based upon market size and economic conditions of each... 

RSC Equipment Rental Appoints Robert C. Fox II, Senior Vice President, Human Resources

Monday, November 24th 2008

RSC Equipment Rental, Inc., the operating entity for RSC Holdings Inc. one of the largest equipment rental providers in North America, announced today that Robert C. Fox II, a seasoned human resources executive with considerable experience in leadership development and succession planning gained during over 30 years in business, has joined the firm as Senior Vice President – Human Resources. “We are very pleased to have Bob Fox join our management... 

On the Cusp of Black Friday, Colliers International Issues Semi-Annual Retail Report, Showing Marked Weakness in Retail Real Estate as 2009 Approaches

Monday, November 24th 2008

The U.S. retail market has undergone a sea change not experienced in this country since the early 1980s, according to the bi-annual Retail Real Estate Report issued today by Colliers International, a leading global real estate services firm. Due to recessionary conditions, retail real estate will be significantly afflicted for the remainder of this year and well into 2009, according to Colliers. Several reasons drive this monumental slowdown in retail... 

Jensen Precast Now Manufacturing Reinforced Concrete Pipe in Sparks, Nevada Facility

Monday, November 24th 2008

Jensen Precast recently installed machinery to manufacture Reinforced Concrete Pipe (RCP) in their Sparks, Nevada facility. The decision to make RCP came in early 2007, after many customers repeatedly asked them to supply it. “RCP is generally used for storm drain applications greater than 15 inches,” Lance Semenko, Senior Vice President of Engineering for Q & D Construction, said. “We specify RCP because it’s stronger... 

The largest pellets heating system in Germany established in Remscheid

Saturday, November 22nd 2008

In Germany, one of the municipal housing companies is a permanently typical good example of an economical usage of energies. In Remscheid (Federal Republic Nordhein-Westfalen) there is the largest pellets heating system that ever was constructed within the residential building industry in the Middle Europe. Towards the end of October, GEWAG housing incorporated company replaced the oilbased heating system from 1970th years by pellets heating boiler... 

GFI Energy Ventures LLC Completes Sale of NORESCO to Carrier Corp.

Saturday, November 22nd 2008

GFI Energy Ventures LLC announced today the completion of the sale of its portfolio company, NORESCO, one of the largest providers of energy management and performance contracting services in the United States, to Carrier Corp., the world’s largest provider of HVAC and refrigeration solutions and a subsidiary of United Technologies Corp. NORESCO was previously owned by the OCM/GFI Power Opportunities Fund II, L.P., a private equity fund co-managed...