RALEIGH, N.C. (March 27, 2014) – FMI, a provider of management consulting and investment banking* to the engineering and construction industry, released its Q1-2014 Construction Outlook. The forecast continues to show optimistic growth. As a whole, construction-put-in-place is predicted to increase 8 percent in 2014, with continued growth over the next few years.
Select market predictions include:
WASHINGTON (March 25, 2014) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new business volume for February was $5.4 billion, up 15 percent from new business volume in February 2013.
(March 24, 2014) - Last year was a good year for the equipment rental industry. According to the American Rental Association’s (ARA) Rental Market Monitor, North American equipment rental revenue totaled $38 billion in 2013, with the U.S. reporting revenue of $33.3 billion and Canada adding an additional $4.7 billion. This represents a 6.4 percent growth rate over 2012. The construction and industrial equipment rental segment is the largest segment with U.S.
INDEPENDENCE, Ohio (March 24, 2014) – Chicago Pneumatic announces their partnership with Florida-based Christy Rental Associates. The relationship between Chicago Pneumatic and Christy Rental Associates officially began on March 1, 2014.
(March 24, 2014) - KOBELCO created only five limited edition SK350LC crawler excavators wrapped in a patriotic/military design as part of a WWP fundraiser, and displayed one at the recent Las Vegas construction industry trade show, ConExpo/ConAgg.
SAN DIEGO (March 19, 2014) – Biomedical science students and faculty striving to solve the world’s most critical health problems now have access to one of the most sustainable laboratories in the country with the completion of the new Health Sciences Biomedical Research Facility at the University of California, San Diego, (UCSD) in La Jolla. A dedication ceremony was held March 6th to celebrate the completion.