MEC centre of excellence to drive next generation products
MEC Aerial Work Platforms has opened a new Engineering Center of Excellence. The cutting-edge facility, located at MEC’s headquarters and factory in Kerman, California, features advanced CAD design technology, modern communication and meeting spaces, specialized testing equipment, and a clean-room R&D lab. The two-story, 8,000 square foot center is designed to foster creativity and collaboration […]
Home Depot expands product distribution with $5.5bn deal
The Home Depot in the US is to acquire building products distributor GMS Inc for US$5.5 billion, including net debt. The deal is being made through Home Depot’s trade subsidiary SRS Distribution and will further expand its position supplying building products to professional customers. SRS, which was acquired by Home Depot in 2024, has 800 […]
AXCS names new product manager
AXCS Equipment has announced Paul Michaels as the company’s new Group Product Manager. One of Michaels’ primary responsibilities will be to work on the development and deployment of the company’s new and expanding product portfolio. He will be responsible for overall customer experience and product strategy by translating market needs and determining how both legacy […]
Alimak acquires Century Elevators in the US
Sweden-based Alimak Group has signed an agreement to acquire the permanent industrial elevator business Century Elevators. Century Elevators, which has an annual turnover of approximately US$9.7 million, is headquartered in Webster, US, and has been owned by BrandSafway since 2019. Founded in 2009, Century has established itself as one of the leading suppliers of industrial […]
EquipmentShare reveals scale of US rental business
EquipmentShare, the fast-growing US rental business, has revealed revenues of US$3.9 billion for the 12 months to 31 March 2025. That takes it into the same size territory as Herc Rentals in terms of revenues (before Herc’s acquisition of H&E Equipment) and make it a top four rental business in the US and worldwide. The […]