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Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [5] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [3]
A telescopic handler, also called a lull, telehandler, teleporter, reach forklift, or zoom boom, is a machine widely used in agriculture and industry. It is somewhat like a forklift but has a boom ( telescopic cylinder ), making it more a crane than a forklift, with the increased versatility of a single telescopic boom that can extend forwards ...
Some construction equipment can cost as much as $150,000. Backhoes can cost $45,000 to $55,000 (this and other figures in 2010 U.S. dollars); skid steer loaders , $25,000 to $35,000; generators , $25,000 to $150,000 (for trailer mounts); forklifts , $12,000 to $50,000.
The early 20th century also saw new electric-powered machines such as the forklift. Caterpillar Inc. is a present-day brand from these days, starting out as the Holt Manufacturing Company . The first mass-produced heavy machine was the Fordson tractor in 1917.
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