RER Reports

For a limited time, Volvo Rents is offering a free Construction Spending and Population Growth report for your market. These reports are free and are delivered without obligation. Please limit reports to one county or MSA per request. Call or click to request your market’s construction spending report.
1-866-387-3687 / askrents@volvo.com
Hurry -- Offer expires December 31, 2009
This research data is provided by independent analysts at Info Tech Marketing, a market research firm based in Littleton, CO. In addition to providing historical data, the forecasts encompass the latest data on construction employment and spending, building permits, government forecasts, and private projections.

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Headline News
Deere Reports $222 Million 4Q09 Loss
November 30, 2009
Deere & Co. last week announced a worldwide net loss of $222.8 million, or $0.53 per share, for the fourth quarter ended Oct. 31, compared with net income of $345.0 million, or $0.81 per share, for the same period last year. Affecting fourth-quarter 2009 results were charges of $364.8 million pretax and $321.8 million after-tax, or $0.76 per share, because of the previously announced impairment of goodwill related to the John Deere Landscapes reporting unit and voluntary employee-separation expenses associated with the formation of the new agriculture and turf division. Without the items, earnings for the quarter would have been $99.0 million, or $0.23 per share.

Upstate New York Rental Company Liquidating
November 30, 2009
C&B Rent-All, Watertown, N.Y., is conducting a “going-out-of-business” sale and liquidating its assets, the Watertown Daily Times reported online. The business, which opened in 2002, was hurt by the slow construction business in the area and lack of customer demand.

ARA Unveils New Market Monitor Service
November 30, 2009
The American Rental Association last week announced the launch of the State of Equipment Rental Industry Outlook 2009-2014 Market Monitor service. This online subscription-based program, exclusively available to ARA members, provides subscribers with the latest economic information regarding the equipment rental industry compiled by economic forecasting firm IHS Global Insight. The information is updated quarterly.

International News
Ramirent Net Sales Drop 30 Percent in Third Quarter
November 30, 2009
Helsinki, Finland-based Ramirent, a rental company with branches in 13 countries, posted a 30.8-percent net sales decrease in the third quarter of 2009. Net sales for the period were €129.5 million (about U.S. $195 million), compared with €187.2 million for the same period in 2008. For the first nine months of 2009, net sales dropped 29 percent to €376.3 million. The decrease was 22.4 percent at constant currency.

Speedy Drops 27.9 Percent for Six Months
November 30, 2009
Revenue for Speedy Hire dropped 27.9 percent for the six months ended Sept. 30, posting £184.8 million (about U.S. $308.1 million), compared with £256.4 million for the same period a year ago. The U.K.’s largest rental company posted an adjusted loss before tax of £4.8 million (about U.S. $8 million), compared with £23.8 million profit a year ago.

Wynne Systems Names Project Manager for Europe, Middle East and Africa
November 30, 2009
Wynne Systems, international provider of enterprise software for the rental industry, last week named Erwin Luijten senior project manager for the company’s Antwerp, Belgium, office. Luijten has more than a decade of experience in ERP implementation management.

Atlas Copco Appoints New Distributor in Botswana
November 30, 2009
Atlas Copco recently appointed Parts Sales Botswana as a distributor of Atlas Copco Road Construction and Construction Tools equipment in Gaborone, Botswana, where major infrastructural developments including an extensive road network upgrade, the construction of two dams, an extension of the power station, hospitals, stadia and the massive upgrade of the Sir Seretse Khama Airport are all underway.

New Holland Wins Italian Army and Fire Brigade Tenders
November 30, 2009
New Holland Construction last week announced it has won the majority of the biggest tender ever promoted by the Italian Army for construction equipment applications.

Wall Street Beat
The Stock Block
November 30, 2009
Check in on some of the latest stock prices for publicly traded rental companies and popular construction equipment and general tool manufacturers related to the rental equipment industry.

Supply Side
Generac and Fiat Announce Strategic Partnership for Diesel Engines Supply
November 30, 2009
Generac Power Systems, a manufacturer of standby and portable power generation equipment and Fiat Powertrain Technologies last week announced a strategic partnership. Beginning in 2010, FPT will supply Generac with a wide range of industrial diesel engines for use in gensets with outputs ranging from 60 to 350 kW. The FPT engines are designed to increase productivity and greatly reduce engine operating costs.

Hilti Ranks Fifth in "50 Best Companies to Sell For"
November 30, 2009
Hilti last week announced that for the fifth straight year, the corporate research team at Selling Power identified it as one of the best manufacturing companies to sell for. Hilti finished eighth in the magazine’s annual “50 Best Companies to Sell For,” a comparison and evaluation of the largest U.S. sales forces.

Makita Receives The Home Depot's 2009 Marketing Innovation Award
November 30, 2009
Makita U.S.A. last week announced it was awarded The Home Depot Marketing Innovation Award. The award was presented to Makita Industrial Power Tools at The Home Depot’s Annual Supplier Partner Meeting in Atlanta.

Bricks & Clicks
Terex Launches Expanded Web Portal for North American Construction Distributors
November 30, 2009
Terex Construction now offers its North American distributors a single website — the Terex Construction Portal — to accommodate all their distribution needs, including sales, marketing, parts, service and warranty.

Interviews
Info at their Fingertips
November 30, 2009
RER conducted a series of interviews for our October issue on software technology and has been publishing a number of them in RER Reports. The sixth installment is with Rob Ross, president of Alert Management Systems, based in Colorado Springs, Colo. Ross discusses a whole slate of new products offered by Alert, and takes a look at trends to come. Ross was interviewed by RER’s Michael Roth.

Classifieds
November 30, 2009
• Volvo Rents -- General manager position in York/Harrisburg, Pa.

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