The market size, measured by revenue, of the Tool & Equipment Rental industry is $4.5bn in 2022.
What is the most rented piece of equipment?
Most Frequently Rented Construction Equipment “Scissor lifts [are] generally the most rented item anywhere but in terms of revenue, large booms and cranes make up the majority of our business.Dec 2, 2019
How many acquisitions has United Rentals made?
14 Acquisitions
Is Franklin equipment still in business?
United Rentals, Inc. (NYSE: URI) today announced that it has acquired Franklin Equipment, LLC, a regional provider of equipment rentals, sales and related services in the Midwest and Southeast United States.
Who did United Rentals buyout?
Franklin Equipment, LLC
How much did United Rentals buy Franklin equipment?
Franklin Equipment was a finalist in Big Iron Dealer's 2018 Dealer of the Year program. The $996 million General Fiance acquisition involves 106 branches and more than 900 employees worldwide.
Did Franklin Equipment go out of business?
INDEPENDENCE -- Franklin Equipment Co. shuttered the doors of its facilities nationwide, including its Independence site, and declared bankruptcy earlier this month. diesel tractors and other machines used for logging.
What company did United Rentals buy?
Acquisition History United Rentals acquired Franklin Equipment, LLC, a Midwest and Southeast regional provider of equipment rentals, sales and related services on . Frankling Equipment was founded in 2008 and grew to 20 locations.
How much fleet does United Rentals have?
Stamford, Connecticut, U.S. United Rentals, Inc. (NYSE: URI) is the world's largest equipment rental company, with about 13 percent of the North American market share as of 2019. It owns the largest rental fleet in the world with about 660,000 rental units totaling about $14.2 billion in original equipment cost (OEC).