B. Riley Principal Merger Corp.; Alta Equipment Holdings Inc. - Tue December 17, 2019
B. Riley Principal Merger Corp., Alta Equipment Holdings Inc. Announce Business Combination
B. Riley Principal Merger Corp. , a special purpose acquisition company sponsored by an affiliate of B. Riley Financial Inc., and Alta Equipment Holdings Inc. , a provider of premium industrial and construction equipment and related services, announced that they have entered into a definitive merger agreement for a business combination transaction to create a leading publicly-traded equipment dealership platform with an anticipated pro forma enterprise value of approximately $550 million....
Ritchie Bros. Auctioneers - Tue December 17, 2019
Ann Fandozzi to Become Chief Executive Officer of Ritchie Bros.
Ritchie Bros. Auctioneers announced that Ann Fandozzi will become chief executive officer and join the company's board of directors, effective Jan. 6, 2020. Most recently, Fandozzi was CEO of ABRA Auto Body & Glass, a leading national damaged vehicle repair company, where she engineered a step-change in profitability and laid the foundation for an all-new customer experience through technology....
InfraServ - Tue December 17, 2019
InfraServ Expands to Southeast with Gateway Bobcat's Acquisition of Acme Operations
InfraServ US LLC, an industrial equipment dealership and services platform, has completed the purchase of Acme Operations LLC. The acquisition was completed through InfraServ's subsidiary, Gateway Bobcat, a leading provider of Bobcat and Doosan-branded industrial equipment sales, parts and service and rental services....
Caterpillar - Tue December 17, 2019
Caterpillar Celebrates 90 Years on the New York Stock Exchange
Caterpillar Inc. Chairman and CEO Jim Umpleby rang the opening bell Dec. 17 on the New York Stock Exchange (NYSE) to mark the 90th anniversary of the company's listing on the NYSE, which is considered the world's foremost securities marketplace....
Road Machinery - Tue December 17, 2019
Road Machinery LLC Hires New Vice Pres. of California Operations
Sloan Brooks, president and COO of Road Machinery LLC, announced the hiring of David Dean as vice president of California operations. Dean comes to Road Machinery with 40 years of experience in the equipment distribution business and brings a wealth of knowledge to further the growth of the California market....
Ritchie Bros. Auctioneers - Tue December 17, 2019
Quanta Services Inc. Selects RB Asset Solutions to Help Better Manage and Redeploy its 61,000+ Assets
Quanta Services Inc. , a contractor operating in the utility, pipeline, energy and communication industries, has the largest skilled labor force in North America — and the equipment fleet to match....
Ritchie Bros. Auctioneers - Tue December 17, 2019
Ritchie Bros. Launches New Inspection Services Offering as Part of RB Asset Solutions
For years IronPlanet and Asset Appraisal Services have been leaders in the equipment inspection business. IronPlanet has continuously raised the bar by offering innovative inspection content and technology for customers of its online marketplaces, including its IronClad Assurance equipment condition certification, which ensures buyers receive the equipment they expect....
Giles Lambertson – CEG Correspondent - Tue December 17, 2019
Construction Crystal Ball . . . Leading Economists Make 2020 Golden State Predictions
With 2020 nearly upon us, construction industry executives are wondering what the new year holds for them. They are attending presentations by economists, peering into crystal balls and otherwise anxiously looking into the future....
Kenworth - Tue December 17, 2019
Kenworth Sales Company — Rock Springs Relocates to Larger Parts and Service Facility
Committed to enhancing its facilities and customer experience for fleets and truck operators, Kenworth Sales Company — Rock Springs has relocated to a 15,000 sq. ft. facility that is double the size of its previous location....
ALLU - Mon December 16, 2019
ALLU USA Names Edison Rocha New VP of Distribution & Marketing of North America
ALLU Group Inc. announced the appointment of Edison Rocha as its new vice president of distribution and marketing for the United States and Canada. Rocha is responsible for increasing development of distribution channels, as well as marketing throughout North America....
