February 2016, Vol. 71 No. 2
Features
Rental Update
Atlas Copco Offers Service Training Program
Atlas Copco Construction Equipment offers dealers and rental centers a service training program to enhance technician speed and quality of work. Atlas Copco provides the program for its full breadth of products, including asphalt rollers, breakers, compressors and generators. The program enhances customer satisfaction, as well as minimizes warranty claims and labor hours per project, which maximizes profitability.
The service training — part classroom and part hands-on — teaches technicians how to efficiently and effectively perform maintenance and repairs on Atlas Copco’s wide range of products. It covers a breadth of topics, such as hydraulic systems, wire schematics and troubleshooting. Technicians complete the training at their own shop, on the jobsite, or at one of Atlas Copco’s eight service centers. Technicians also review machine operations and perform walk-around inspections with an Atlas Copco technical service person.
Additionally, technicians learn the best techniques to maintain and repair Tier 4 Interim and Tier 4 Final equipment, which feature some of the industry’s newest components and technology. This helps minimize the learning curve as Tier 4 equipment becomes more prevalent, and it reduces the risk of costly errors. 800-732-6762, www.atlascopco.us.
ARA Forecast Predicts Consistent, Positive Progress
The American Rental Association (ARA) latest forecast calls for equipment rental industry revenue growth in the United States of 6.7 percent in 2016 and 2017, 6.2 percent in 2018 and 5.8 percent in 2019 to reach $48.7 billion.
The growth pace is slightly more moderate than the previous two years, but the industry’s progress is consistently positive regardless of changes in oil and gas, construction and other segments equipment rental companies serve.
“The performance of the equipment rental industry since the recession has been very positive and as auxiliary industries recover and grow, we anticipate equipment rental revenue growth to meet the forecast of the next five years,” says Christine Wehrman, ARA CEO and executive vice president.
“This means equipment rental companies can prepare for steady growth, plan for expanding their markets and build inventory to meet their customer demand. The forecast also shows that many customers who have turned to renting equipment during and after the recession have seen the benefits and will continue to rent to control their costs,” Wehrman says. “The secular shift to rental is here to stay.” 800-334-2177,
www.ararental.com.
ARA CEO Announces Retirement
Christine Wehrman, CEO and executive vice president of the American Rental Association (ARA) has announced her retirement from ARA to the association’s board of directors after 15 years of service to the organization. Wehrman will continue in her position until a successor is named later in 2016.
“[Wehrman] has effectively led our association to excellence. The board is very proud of the vast achievements provided to members and the industry during her service,” Terry Turner, CERP, owner of All Occasions Party Rentals, said. www.ararental.org.
Comments