News Articles

Hertz expands in Middle East

November 17, 2014 | Comments (0)

The Hertz Equipment joint venture in Saudia Ariabia – Hertz Dayim Equipment Rental – is to launch a new operation in Qatar

The Qatar move comes four years after the original partnership between Hertz and Dayim Holdings was established, with Phoenix Project Development (part of Al-Attiyah Motors & Trading group), joining the two existing partners. The new business plans to sell and rent equipment and tools to construction and industrial markets throughout Qatar, starting in Doha.

The joint venture hopes to benefit from the Gulf state’s plans to invest $182 billion on public projects over the next five years in the run up to the World Cup in 2022. The Qatar fleet will include aerial lifts, material handling equipment as well as power, compressor and tool rental items. Phoenix Project Development will provide Hertz-Dayim with a variety of services to help build the business. This will include contacts with various local and international companies to help kick start the new business in Qatar.

View Full Article

US Home Construction Drops 2.8 Percent in October

WASHINGTON (AP) – Construction of new homes fell slightly in October after a big surge in the previous month, but the weakness was largely driven by the volatile apartment sector.

Builders started construction at a seasonally adjusted annual rate of 1.009 million last month, the Commerce Department reported this week. That was a drop of 2.8 percent from September when construction had jumped 7.8 percent to 1.038 million.

The weakness stemmed from a 15.4 percent plunge in apartment construction, a category that tends to have big swings from month to month. Construction of single-family homes was up 4.2 percent, the third gain in the past four months.

View Full Article

JLG hosts media, debuts equipment simulator

JLG, McConnellsburg, Pa., hosted trade press media this past week to view equipment and see the newly opened customer training center, as well as the new custom simulator. Media were able to experience several pieces of equipment including the 1850SJ Ultra Series telescopic boom lift.

The $2.5 million training center, which was completed in August, includes a 17,000-sq.-ft. building with classroom, dining area, meeting space and a 30-ft. high service area with multiple bays, as well as a four-acre proving grounds. Indoor features include a large projection screen with dual HD monitors and an 8 ft. door which allows small machines into the classroom space. The adjacent outdoor area includes graded and level mixed terrain areas, simulated power lines and structures for pick-and-place training on level and sloped areas, for customers and trainers to learn driving and operating skills on telehandlers, scissor lifts and boom lifts.

View Full Article

Page 10 of 11« First...7891011

Are you interested in learning more about the benefits of doing business with US Markets? We are available to talk NOW!

Call US Markets, Inc. at: 630.530.8550

Ask a Question