United Rentals to acquire H&E Rentals, launches safety progra
United Rentals and H&E Equipment Services (d/b/a H&E Rentals) announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt. Founded in 1961, H&E provides its customers with a comprehensive mix of high-quality general rental fleet including aerial work platforms, earthmoving equipment, material handling equipment and other general and specialty lines of equipment. With approximately 2,900 employees and $2.9 billion of rental fleet at original cost, the company serves a diverse mix of customers across both construction and industrial markets through its network of approximately 160 branches in over 30 U.S. states.
United Rentals also launched its Excavation Safety Training for Competent Persons Program, offering an interactive approach to teaching trench and excavation safety. Designed to enhance compliance and productivity, the program has engaging activities to apply knowledge in key areas tailored to one of most hazardous tasks in construction. The training helps competent persons — those overseeing excavation safety — along with employers and workers, understand and apply OSHA Standard 29 CFR Part 1926 Subpart P. It goes beyond the basics, covering topics such as soil evaluation, protective systems and interpretations of safety standards.
SAS acquires American Remediation and Environmental
Superior Environmental Solutions, a provider of comprehensive, vertically integrated environmental and industrial services and a portfolio company of Palladium Equity Partners, has acquired American Remediation and Environmental. The acquisition, SES’s largest to date, expands the company’s operations into Alabama, Mississippi and Louisiana, broadening its geographic reach with 13 locations primarily in the Southeast and Midwest states. Founded in 2003, American Environmental, headquartered in Mobile, Alabama, operates in highly technical end markets including chemical, steel, refining and midstream, and other industries. The company’s unique robotic tank cleaning is highly complementary to SES’s existing suite of automated equipment. American Environmental employs approximately 180 people.
OSHA and the University of South Florida unveil enhanced safety training
OSHA Education Center and the University of South Florida, an OSHA-authorized online outreach training provider, have expanded their mission to ensure the safety of construction professionals with the launch of an enhanced 10-hour construction safety training course. This course is designed to meet the latest OSHA standards and it offers cutting-edge content, video simulations and mobile-friendly features. The course is specifically designed to provide learners with a comprehensive understanding of construction safety practices, focusing on how to identify and mitigate common job site hazards. The new virtual format makes it accessible and convenient, ensuring workers can prioritize safety from anywhere.
CASE Construction Equipment receives Good Design Award
CASE Construction Equipment’s CASE 580EV, an electric backhoe loader, has been awarded a Good Design Award in the transportation category. Zero emissions and minimal noise make the 580EV model an ideal solution for urban construction crews, utility teams, municipal crews and other contractors who want to work more productively while also minimizing carbon footprints. The Good Design awards, managed by the Chicago Athenaeum Museum of Architecture and Design and Metropolitan Arts Press, celebrates the most innovative industrial, product and graphic designs produced around the world.
Vermeer Southeast awarded Pinnacle designation
Vermeer Southeast was again awarded the Vermeer Pinnacle designation in recognition of providing a superior experience for customers. Winners were announced in December at the Dealer Year End banquet in Pella, Iowa. The Pinnacle Award is earned for performance in sales and marketing, providing excellent aftermarket support, as well as for training employees. The Pinnacle Awards are presented annually by Vermeer Corporation.
Vac-Con expands network with new dealer in Georgia
Florida-based Vac-Con announced a strategic partnership with Carolina Environmental Systems as its newest authorized dealer in Georgia. As a new authorized dealer, CES will offer Vac-Con’s comprehensive range of hydroexcavation and vacuum trucks, which are known for their performance and reliability.
Vermeer Corp. acquires ownership interest in Vac Truck
Vermeer Corp. announced it has taken an ownership interest in Vac Truck Industries, based in Arundel, Queensland, Australia. Vermeer and VTI will partner together with current in-country manufacturing, branding, sales and support of innovative vacuum trucks, jetter systems, suction trucks and customized solutions. VTI was founded in 2017 and is currently under the leadership of Matt Clough, Ned Popovic and James Hennessey. VTI serves the markets of civil construction, oil and gas, electrical, infrastructure, mining and drilling. The company has approximately 45 employees focused on sales, design, fabrication and assembly, along with aftermarket support for the broader vacuum excavation industry.
