First quarter 2011 equipment rental revenues for Essex Rental Corp., Buffalo Grove, Ill., more than double the same period last year, when first quarter 2010 equipment rental revenues were $5.1 million.
Income from continuing operations at Terex Corp., Westport, Conn., for the first quarter of 2011 compared to a loss of $79 million from continuing operations in the first quarter of 2010. Terex said first quarter 2011 net sales from continuing operations were $1.256 billion, up 34.2 percent over the first quarter of 2010.
Percentage increase in sales by JLG Industries, McConnellsburg, Pa., to external customers to reach $471.2 million for the second quarter compared to the same period last year. JLG’s parent company, Oshkosh Corp., Oshkosh, Wis., said global demand, led by replacement demand in North America, contributed to the results.
Number of St. Joseph Equipment locations acquired by Titan Machinery, West Fargo, N.D. The purchase agreement includes St. Joseph’s construction equipment businesses in Shakopee, Hermantown and Elk River, Minn., and La Crosse, Wis.
Percentage increase in total global construction spending for 2011, according to the Second Quarter 2011 IHS Global Insight Global Construction Outlook released in early May. According to the outlook, global residential sector spending is expected to increase 1.2 percent this year; nonresidential structure spending is expected to grow 4.3 percent; and infrastructure spending is expected to increase by 3.7 percent. Total construction spending growth is expected to be seen in all regions in 2011, with the exception of North America, where the crisis in residential construction is expected to continue to cause contraction in the sector.