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29.09.26 - 23:09
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Opifex-Synergy Expands into the Western U.S. with Acquisition of ECCO Equipment (Business Wire)
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Transaction extends Opifex-Synergy's presence to nine of the nation's 11 largest rental markets and nearly doubles its total addressable marketHOUSTON--(BUSINESS WIRE)--Opifex-Synergy, one of the largest general equipment rental providers in the United States, today announced the acquisition of ECCO Equipment Company, LLC from an affiliate of Hitachi Construction Machinery Co., Ltd., marking the company's entry into the Western U.S. with operations in California, Arizona, Nevada, Utah, and Idaho.
With the acquisition, Opifex-Synergy now operates in nine of the 11 largest U.S. equipment rental markets and 18 of the top 30, and nearly doubles its total addressable market. The company's new Western footprint spans Northern, Central, and Southern California as well as the Phoenix, Las Vegas, Salt Lake City, and Boise markets, complementing Opifex-Synergy's existing positions in Texas and the Southeast.
“ECCO gives us a strong foundation in the West, with great people and loyal customers in some of the ...
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01.12.25 - 11:06
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Hitachi Construction Machinery Invests in Rithmik Solutions to Accelerate Open, AI-Driven Mining Innovation (Business Wire)
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MONTRÉAL--(BUSINESS WIRE)--Rithmik Solutions, a leader in OEM-agnostic, AI-powered performance analytics for mobile mining equipment, today announced that Hitachi Construction Machinery Co., Ltd. has made a minority strategic investment in the company as part of Rithmik's current financing round. The investment marks a significant milestone in the growing collaboration between Rithmik and Hitachi Construction Machinery. Together, the companies aim to advance the next generation of smart mining by combining Rithmik's real-time fleet and asset-level insights with Hitachi Construction Machinery's global presence and commitment to digital transformation.
Rithmik is fully OEM-agnostic, supporting mixed fleets and providing high-resolution analytics across all major mining equipment brands. Hitachi Construction Machinery recognizes that mining customers increasingly require site-wide solutions capable of supporting their entire fleet, regardless of manufacturer. The companies see this alignment as a key adv...
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