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January/February 2015
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Executive Hire News › Archives › January/February 2015 › Executive Report : Executive news

Executive Report : Executive news


JCB BADGES TEREX DUMPERS

JCB will use the Executive Hire Show to officially launch its new wheeled site dumper range. The machine shown on the company’s stand will be the 1THT, a Kubota-engined compact model with a 1 tonne high-tip skip.
The manufacturer will also be introducing articulated dumpers with payloads of 2, 3, 3.5, 6, 9 and 10 tonnes. Some have swivel skips and all are being produced for JCB by Terex GB Ltd in Coventry. The new versions will also incorporate JCB LiveLink telematics. Interestingly, a significant number of JCB’s UK dealers have been selling Thwaites dumpers.
The arrival of the badge-engineered dumpers comes shortly after it was announced that JCB Power Systems is supplying its Ecomax engines to power some Terex dumpers, initially being used in the 6 tonne payload forward tip and swivel skip models.

A-Plant continues fleet investment

A-Plant has invested £2.5m in more than 200 ride-on rollers manufactured by Hamm. The machines are from the HD CompactLine range of tandem rollers, designed for use in areas where space may be tight, and mainly comprise the HD 8 VV and HD 12 VV models, which have roller drum widths of 0.8m and 1.2m. Hamm will display its latest machines at the Executive Hire Show.
Other recent orders placed by A-Plant include more than £200,000 for Ammann trench rollers and 2.5-tonne Yanmar tracked dumpers from A&Y Equipment, which is also exhibiting at the Show. It has also invested approximately £800,000 in a range of industrial forklift trucks from Knightsbridge Mechanical Handling, including 1.5, 3, 3.5, 4 and 6 tonne LPG powered and diesel machines. Most will be available from a dedicated service centre in Leicester, but other A-Plant divisions have added the machines to their fleets.

Latest Dromad additions

Dromad Hire of Dundalk has continued to expand its fleet, with recent additions including a GreenMech Arborist 150 wood chipper, a JCB 520/50 compact telehandler, and a Skyjack SJ63 articulating boom.
The hirer has also invested in a purpose-built Isuzu delivery vehicle from local dealer, K&M Commercials. “The new lorry is simply being added to help improve our delivery speed and service to our customers,” said MD Seamus Byrne. “It has been built to the exact spec that we require to transport a diverse range of plant and equipment, both safely and economically. The body has a composite decking system with a high-grip, self-cleaning surface and the ramps and headboard have a galvanised finish for corrosion resistance and lower maintenance.”

Name change for TowerLight UK

TowerLight UK Ltd has changed its name to Generac Mobile Products UK Ltd, with effect from 1 February.
MD Paul Hay says, “Generac has transitioned from a North American generator manufacturer to a global manufacturer of generators and light towers. It is committed to leveraging its global organisation to create favourable scale and supply agreements with suppliers, which will, in turn, benefit our customers.”

Thorncliffe adds Kubota minis

Thorncliffe Building Supplies, a builders’ merchant based in north Wales which operates a tool and plant hire activity from its depots in Dyserth near Rhyl and Ewloe, close to Mold, has added 12 Kubota mini excavators to its fleet in response to customer demand. The machines comprise models from the KX range and the U27-4 zero tail swing mini.
Plant Hire Manager, Lee Healy, said, “Since we received the Kubotas they have been pretty much fully booked, with repeat hires from satisfied customers. Feedback has been very positive, with the majority of users commenting on the ease of use the machines and how comfortable the cabs are.” Kubota will be displaying its latest machine developments on its stand at the Executive Hire Show.

Forkrent increases Manitou fleet

Forkrent has confirmed an order for 150 Manitou MT625 compact telehandlers, which means that the hirer has now bought 200 of the machines over the last ten months. Manitou, which will be exhibiting at the Executive Hire Show, says this constitutes one of the largest orders placed worldwide for the MT625 model, and all have been specified with air conditioning to meet customer demand for increased operator comfort.
The Forkrent fleet also includes 20 Manitou ATJ articulated boom platforms, comprising 160ATJ and 180ATJ models, with working heights of 16m and 18m respectively.

Latest News Adrian Murphy, formerly with Speedy, has left to become Chief Executive at Hewden. More next month as we know more.

 

CATHERINE STRATTON RETIRES

We have, unfortunately, been unable to publish our annual Tool Hire Top Ten for the first time in 13 years, following financial analyst Catherine Stratton’s decision to retire. Catherine originally joined City stockbroker Greene & Co in 1969 as a research analyst. At this time Greene & Co was broker to many of the plant hire industry’s leading names, including Hewden Stuart, Vibroplant, Sparrows Crane Hire and Cox. In 1975 Catherine became a member of the London Stock Exchange and was subsequently made Partner in Greene & Co.
She also took over the authorship of the famous Investment in Plant Hire Reports, which were established by Catherine’s mentor, Simon Knott, back in 1966 at the time of enormous expansion in the plant hire market.
In 1998, Greene & Co merged with Greig Middleton. After leaving the City in 1992 to work as an independent analyst and consultant, Catherine founded, in conjunction with PHE Plant Hire Executive magazine, the Plant Hire Investment Report the following year. At the time, Catherine commented “after I left the City, I had a lot of requests from plant hirers and financiers for financial and other information on the plant hire industry.” These Reports were published regularly for the next 20 years, until 2011.
In January 2002, EHN and Catherine Stratton established Tool Hire Top Ten, the first attempt to produce a definitive analysis of the leading tool and equipment hirers. At that time, we calculated that industry turnover reached £1billion. In the last of Catherine’s annual surveys, published in January last year, industry turnover had doubled to £2billion for the first time.
Robert Aplin comments, “although I met Simon Knott back in the early 1980s and was aware of his reputation within the plant hire industry, it was Catherine Stratton who taught me so much about plant hire at that time – and has continued to do so ever since. Catherine has earned a unique status within hire. For over 40 years, her analysis of the financial health, or otherwise, of hirers was the most authoritative and respected research available and remains so.
Her Reports were always a compelling read. Not only has she consistently highlighted the benefits of hire to City financiers, but she has also greatly helped individual executives in hire companies to better understand the dynamics of their own industry.”

Obart’s Wembley way

Obart Pumps’ supremo Matthew Hill has told us of this year’s Special Deal ahead of next month’s Show. His offer is that any hirer buying one of its pumps at the Show will be entered in to a draw to win two tickets to Wembley for the FA Cup. The lucky winner will have a choice of attending a semi-final or the final itself.
“The seats are in the Gold section of Club Wembley, at the front row of the middle tier, and are only ten along from the Royal Box.
The package includes access to a private bar, a programme and free train travel on the day. For each pump purchased, you’ll get a ticket for the draw, so the more pumps you buy, the more chance you have of winning.”

Clements adds new recruit

Clements Equipment Hire of Coventry has expanded its team with the appointment of Rhys Hutchinson as an HGV mechanic, having successfully completed a three-year apprenticeship.
“Rhys completed his college course with flying colours and continuously achieved high scores, which we are extremely proud of,” said MD Jim Longstaff. “He has taken on board every challenge and task thrown at him and has become a valued member of the team. We will continue to support him with training opportunities in the future.”

Hire Network Award shortlist announced

The Hire Network has announced the final shortlist for its annual Award, which recognises excellent performance at an individual depot. STS Access of Reading and the Barking branch of Concord Lifting Equipment - which won the Award back in 2005 - join Marchstream Tool Hire of Denton in Greater Manchester, which was nominated at the end of last year.
“STS Access is an excellent supplier of aluminium tower and other products throughout a busy region along the M4 corridor,” Hire Network MD Barry Dean told EHN. “It is reliable, consistent in everything it does and we know there will not be a problem with the kit. Similarly, Concord’s Barking depot is a supplier we regularly turn to when we need to source lifting equipment in the congested east London area. The staff are always helpful, friendly and efficient, and get the job done right.” The Award winner will be announced at the Executive Hire Show.

Bomag dealership changes

Bomag (GB) has made a number of changes to its dealer network. Rickmar Plant Sales, Butler Reynolds, Major R. Owen and Glosrose Construction Ltd have ceased to represent Bomag. BTE Plant Sales, the manufacturer’s dealer in the north west of England, will now cover a consolidated additional territory comprising Birmingham and the West Midlands, Herefordshire, Worcestershire, Warwickshire, Derbyshire, Nottinghamshire, Leicestershire, Lincolnshire, Rutland and North Wales.
East Anglia dealership Ernest Doe now also covers south east London and Surrey, West Sussex, East Sussex and Kent, with Mawsley Machinery, the existing Bomag dealer for Northamptonshire, Cambridgeshire, Bedfordshire, Hertfordshire and North London, also responsible for east London. Boss Plant Sales adds west and south west London to its territory of Oxfordshire, Buckinghamshire and west Hertfordshire.

     
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