ABLE Equipment Rental, a supplier of construction equipment rentals, sales, service and parts, purchased the aerial equipment assets and service operations of Mobile Lifts of Norristown, PA, which is located roughly 45 minutes outside of Philadelphia. The transaction will allow the facility to operate as the newest branch of ABLE Equipment Rental. ABLE will retain most of the current Mobile Lifts staff with plans to grow the team immediately. It will operate it as ABLE’s fifth location in the Northeast.
“We’re extremely excited to welcome Mobile Lifts to the ABLE family,” said Steven Laganas, ABLE’s CEO. “Their 40 plus year history along with a very loyal customer base was certainly one of the factors that helped us in our decision-making. I look forward to partnering with Mobile Lifts’ knowledgeable and talented team.”
Founded in 1996, ABLE Equipment Rental is privately-owned with corporate headquarters based in Deer Park, Long Island, NY. ABLE purchases its equipment from industry manufacturers and continues to add to its fleet. Equipment is available for daily, weekly, monthly and long-term rentals. There are also equipment financing plans available for new and used equipment.
“Strategically, [this acquisition] will allow us to continue to serve as a reliable provider of aerial equipment for Mobile Lifts’ current commercial and industrial clients,” said Chris Pera, ABLE’s chief operating officer. “Additionally, we’ll be able to offer a wide range of machines for rent and for sale to fulfill their specific construction equipment requirements.”
There’s something to be said for consistency. At Huntington Asset Finance, consistency was part of what led to success in 2017. On the back of a 6.4% growth rate in new business volume, Huntington ranked No. 29 in the Monitor... read more
The influence of technology and innovation, including data and analytics, has been among the largest developments in the fleet transportation industry over the last several years. Innovation-driven data and analytics, through advanced technology and reporting platforms, are now completely reshaping... read more