Compact Equipment

JAN 2019

Compact Equipment is a magazine dedicated to equipment owners and operators of small, nimble, tool-carrying construction, landscape and ag equipment — such as skid steers, mini excavators, compact tractors, generators compressors and beyond.

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58 Compact Equipment JANUARY 2019 That's the number of hours of operation on a Hatz en- gine equipped BBA pump, which may be a record. BBA Pumps, one of the biggest manufacturers of water, sludge and concrete pumps, has been working closely together with engine manufacturer Hatz since the early 1970s and fits its autonomously operating drainage pumps with 1D Supra diesel engines from Hatz. A BBA drainage pump has been in operation at a company for well drainage since 2004. Such pumps usually operate around the clock with an average total operating time of 5,000 hours per year. Equipped with a Hatz 1D Series engine, the total operat- ing time was designed for 25,000 to 35,000 hours. This engine was just replaced in October 2018. For more info, visit hatzusa.com . That's the record number of attendees at Kioti Tractor's annual dealer meeting, which took place at the JW Mar- riott in San Antonio, Texas. The event celebrated Kioti dealers' successes while highlighting new Kioti products, including a two-row K9 UTV model and two series of ze- ro-turn mowers. The theme of this meeting — The Next Frontier — celebrated what's next for Kioti and reiterated its commitment of support to dealers and customers. Ki- oti dealers heard from Bob Clements, the industry's go-to expert in service, sales, parts and management, and Jim Pancero, the "powerhouse of sales," during the three-day meeting. The annual meeting concluded with an awards banquet to congratulate dealers for their successes, in- cluding recognition of 50 "Million Dollar" Dealers. For more info, visit kioti.com . That's the number of dollars the American Rental Associa- tion's (ARA) recently updated five-year forecast is showing in equipment and event rental revenues in North America. The latest quarterly forecast again projects greater revenue gains than the previous forecast released in late May for each year from 2018 through 2022. In the United States, equipment rental revenue is expected to finish 2018 at $53.04 billion, up 7.6 percent over 2017. Revenue is forecasted to grow an- other 5.5 percent in 2019, 5.9 percent in 2020, 5.1 percent in 2021 and 4.7 percent in 2022. The construction/industrial segment remains the largest. It has forecasted growth rates of 5.6 percent in 2019, 5.3 percent in 2020, 4.4 percent in 2021 and 4 percent in 2022 to $44.85 billion. For more info, visit ararental.org . by the Numbers 6 9 , 0 5 2 7 1 . 7 b i l l i o n 5 2 5

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