Sunbelt Rentals, part of the Ashtead Group, has reported record rental revenues of $7.235 billion USD for fiscal year 2022 which ended June 30. Of that $7.235 billion, Sunbelt’s U.S. business grew by 22 percent to $6.477 billion USD, Canadian operations generated $439.11 million USD and UK operations contributed $652.3 million USD to the record total.
An article in Access Lift & Handlers noted that Sunbelt added 123 North American locations in fiscal 2022 of which 88 were new and 35 were expansions of existing facilities for a total investment of $1.3 billion USD.
“This significant investment is enabling us to take advantage of the substantial structural growth opportunity that we see for the business as we deliver our strategic priorities to grow general tool and amplify specialty,” said Brendan Horgan, Ashtead’s CEO.
A recent article in Compact Equipment magazine explored the difference and offered some guidelines for selecting the best balance for various applications.
Read moreThe Construction Index reports that April marked the third consecutive month of construction output growth in Great Britain according to the Office for National Statistics.
Read moreAccording to a recent Construction Briefing article, the Hamburg Commercial Bank Purchasing Managers’ Index declined to 45.6 in May from April’s 46.0, with any score under 50 representing a decline in activity.
Read moreA recent article in Compact Equipment magazine explored the difference and offered some guidelines for selecting the best balance for various applications.
Read moreIn an article in Construction Briefing magazine, Ace Construction Equipment (ACE) executive director, Sorab Agarwal, cited India’s 6.5 percent annual GDP growth rate and expanding domestic and international markets for the company’s success.
Read moreRental attachments are an often-overlooked profit builder, and smart management is the key to a better return on your investment. A recent article in Pro Contractor Rentals magazine offered four suggestions for running a smarter rental yard.
Read moreExecutives at major North American lift manufacturers anticipate product demand to soften moderately in 2025.
Read moreThe event will allow industry experts to share insights on a range of issues, OEM trends and current and emerging technologies.
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