According to the Associated General Contractors of America, the cost of materials and services used in construction rose faster than the price of completed buildings. Officials from the association have warned that the price of infrastructure could rise from the use of imported materials. With values dropping, purchasing equipment via auction or second hand is becoming more attractive to consumers to offset the rising costs in materials. However, one should exercise caution when it comes to purchasing any equipment from such venues as it does pose risks for your workers and for your budget and could potentially increase your exposure to harm. Rental companies do not sell used equipment because of this liability. There are also no Lemon Laws to help protect those who buy faulty/used equipment from an auction or otherwise.
Each new year offers LGH an exciting opportunity to grow and become a bolder company with the same traditional values. Our marching orders for many years have been to continue to open 2-3 rental center locations each fiscal year. The Parkinson family has invested so much into the LGH business and has provided the necessary resources to make the LGH goals and plans become true possibilities. With those efforts and resources, we now have grown to 21 locations nationwide. In fact, 2016 was the year we branched into Canada by opening our a rental center in Toronto, Ontario, which was a logical choice for us due to its booming industry. The same vision and courage that were required to expand into Canada will be needed once again as we begin a brand new year, which is abound with endless potential and opportunities for newfound growth.
As you might’ve noticed, we refer to D/d Ratio quite a bit in some of our blogs and social media posts. However, there seems to be a bit of confusion regarding what D/d Ratio is and what purpose it serves. Hopefully, we can clear all of that up now.
The D/d Ratio has a tremendous impact and effect on sling capacity when using , and Chain Slings. The D/d is the ratio of the diameter (D) around the object which the sling is bent, then divided by the overall diameter (d) of the sling being used.
Since LGH opened its US doors in 1990, we’ve always been very strict in regards to the types of products that we stock for our rental fleet. It is very important to us to have the same types of rental equipment at all of our locations for a couple reasons. This helps maintain a consistent standard to which our customers can become accustomed. We also are able to customize our rental stock levels by the main industries that are served by each LGH location. Based on the types of industries that we service, we’re able to specifically stock our locations with rental stock that can support these markets.
Overall, safety in our industry is the most important part of our business and yours. Our type of rental equipment is used on major construction sites, power plants, refineries, and all other types of heavy industries. These types of sites can often be very dangerous and the type work that is being performed could also be hazardous if proper planning is not executed and tested, certified equipment is not used.
One of the things that separates LGH from many rental companies is our commitment to safety. The safety of your equipment, our customers, and our employees is LGH’s number one priority and we take extra care in making sure that our equipment procedures and overall safety training programs are in place at all times.
Every year around this time, I always reflect on the past 12 months and mentally prepare myself for the upcoming New Year.
This past year has been fantastic for a number of different reasons, but mainly because we celebrated our 25th anniversary this year. It’s hard to believe that the Lifting Gear Hire business began in 1990 with only three employees and a 5,000 sq. ft. warehouse. Now, we have over 200 employees that service our 21 locations around the country.
Every year just before Thanksgiving, I try and reflect on some of the things I should be thankful for from this past year. Thanksgiving is always a busy time for many people and not to mention, it appears we’re going to have a “white” Thanksgiving from all of the snow Chicago received this past weekend. One of the first things I realize I’m grateful for is my LGH family. We’ve added new members to our team, added new pieces of equipment to our warehouse, and continued our westward expansion. I am very thankful for being part of a fantastic organization and to be surrounded by such a great management team and staff. Without all of their help, LGH would not be the successful business that we are today. I had lunch this week with our new LGH employees which provided me an opportunity to reflect on the beginning of LGH and how far we have come the past 25 years.
Hi, I’m Tony Fiscelli, the President of Lifting Gear Hire!
I began my career at Lifting Gear Hire in 1995. Upon graduating Ohio University with a Bachelor of Science in Industrial Engineering, I accepted the position of Quality Assurance Manager at LGH. Eventually, I was promoted to Branch Manager in 1997, then General Manager in 2002, and accepted the position of President in 2008.