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Capital lease: A capital lease allows you to purchase the equipment at the end of the lease period. You pay insurance and taxes on the equipment, maintain it and can count it as a liability.
Bobcat Company is an American-based manufacturer of farm and construction equipment. Its American headquarters is in West Fargo, North Dakota , formerly in Gwinner, North Dakota . Its European headquarters moved in 2017 from Waterloo , Belgium , to Dobříš , Czech Republic (where Bobcat operates one of its European manufacturing plants).
It is the parent company of Bobcat and Škoda Power. Doosan Group is the oldest running company in South Korea [ 2 ] and was ranked as one of the world's top 10 largest heavy equipment manufacturers in 2018.
Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing that has operations in North America, South America, Europe, and Asia. Penske Logistics provides supply chain management and logistics services such as dedicated carriage, distribution center management, transportation management, lead logistics, supply chain consulting, and freight brokerage services.
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] 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. [5]
A heavy equipment operator drives and operates heavy equipment used in engineering and construction projects. [7] [8] Typically only skilled workers may operate heavy equipment, and there is specialized training for learning to use heavy equipment. Much publication about heavy equipment operators focuses on improving safety for such workers.