Utility Contractor

JUL-AUG 2018

As the official magazine of NUCA, Utility Contractor presents the latest information affecting every aspect of the utility construction industry, including technological advancements, safety issues, legislative developments and instructional advice.

Issue link: http://digital.utilitycontractoronline.com/i/1002275

Contents of this Issue


Page 13 of 43

14 Utility Contractor | July/August 2018 GROUNDBREAKING NEWS Sunbelt Rentals started out as a modest equipment rental business in Charlotte, North Carolina, in 1983, providing general construction equipment in two locations. Fast forward 35 years and what a difference. Today, Sunbelt Rentals equipment β€” in its familiar bright green β€” can be seen dotting the construction landscape throughout North America. Just as the equipment rental market as grown over the last three decades, so, too, has Sunbelt Rentals. The company now operates more than 700 locations and employs 10,000 workers in the United States and Canada. Positioned as the second largest construction equipment rental company in the country, Sunbelt Rentals continues to expand its reach. In March, the company posted nearly $3.2 billion in revenue for the first nine months of fiscal 2018, compared to $2.6 billion for the same period in fiscal 2017 β€” a nearly 18 percent increase. In 1990, The Ashtead Group, a publicly traded company on the U.K. stock exchange, purchased Sunbelt Rentals. Over the years, Sunbelt has expanded its equipment offering, as well as its reach. Its nine specialty divisions were created to better serve the company's growing and increasingly diversified customer base. In 2014, Sunbelt entered the Canadian market with its acquisition of GWG Rentals Ltd. "Sunbelt Rentals started out with an emphasis on utility contractors, so our fleet included trench shoring and compaction equipment," says senior VP Kyle Horgan. "From the get-go, we have serviced utility and specialty contractors. We consider this group to be a core component of our overall business." Sunbelt Rentals Marks 35 Years In 2018 Leading global water technology company, Xylem was named the Water Technology Company of the Year at the 2018 Global Water Awards. The accolade is presented to the company that made the most significant contribution to the field of water technology in 2017. Established in 2006 by Global Water Intelligence (GWI), the Global Water Awards are presented annually at the Global Water Summit and recognize the most important achievements in the international water industry. The awards are voted on by subscribers of Global Water Intelligence and Water Desalination Report. Xylem was recognized for "its unparalleled vision to offer end- to-end solutions for the digital utility of the 21st century." Through strategic acquisitions and cutting- edge innovations centred on energy management and process optimization, Xylem has established itself as a leading provider of intelligent solutions that address the water industry's most persistent challenges. Xylem was identified as the company that "moved the needle in the water technology sector in 2017…to become an outright leader in the rapidly growing market for smart water solutions." "We are honored to be recognized as Water Technology Company of the Year," said Patrick Decker, Xylem President and Chief Executive Officer. "This award is an important acknowledgement of the efforts of our nearly 17,000 Xylem colleagues who are committed to tackling the most complex water management challenges facing communities today. We remain focused on collaborating with our customers and partners to bring the right technology solutions to the market to increase the productivity of water and wastewater operations, and to help utilities address the issue of water affordability." Xylem's recent acquisitions of Pure Technologies, EmNet and Valor Water Analytics were each noted for strengthening the Company's suite of solutions to address non-revenue water, as well as smart water and wastewater network assessment and management. Other achievements highlighted include the installation of Xylem's Concertor intelligent wastewater pumping system in Washington, D.C., and the launch of Xylem's latest smart dewatering pump. Also acknowledged were Xylem's continued efforts to develop potable reuse solutions with the installation of the world's first large-scale ultraviolet /chlorine process to treat wastewater to drinking water standards at the Terminal Island Water Reclamation Plant in Los Angeles in 2017. The Global Water Awards were presented at the Global Water Summit in Paris, France. Xylem Recognized as Water Technology Company of the Year at Global Water Awards

Articles in this issue

Archives of this issue

view archives of Utility Contractor - JUL-AUG 2018