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While the rental downtown los angeles garment district industry faces the challenges of increased equipment costs and depressed rental rates, downtown los angeles garment district improved demand is leading to better business conditions. See below to view this year s RER 100: Top Rental Equipment Companies of 2012. Read the full article RER s 100: Top Rental Equipment Companies downtown los angeles garment district of 2012 Article: A Very Good Year.
The overall RER Top 100 total increased 15.4 percent downtown los angeles garment district to $13.967 billion, the largest total RER 100 rental downtown los angeles garment district volume in the history of the listing, downtown los angeles garment district topping 2007 by about $114 million. Last year s No. 100 company, All Star Rents, posted $8.7 million in rental volume; this year company No. 100 Illini Hi Reach posted $10.6 million.
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View previous years: 2012 RANK Company Name (Last years rank)/ downtown los angeles garment district Headquarters/ Top Officer/Website 2012 Rental Volume in Millions 2012 Total Volume downtown los angeles garment district in Millions Total Number of Outlets downtown los angeles garment district Editorial downtown los angeles garment district Comments 1 UNITED RENTALS (1) Greenwich, Conn. Michael Kneeland www.ur.com $3,920.0 $4,664.0 830 Finalized its acquisition of RSC May 1, 2012. Rental and total volume downtown los angeles garment district numbers are pro forma, including RSC s revenues prior to closing. Integration of companies went smoothly. Now has $7.2 billion of rental fleet based on OEC, will spend about $1.5 billion in 2013. About 43 percent of fleet is aerial. Combined operations create more balanced mix of construction downtown los angeles garment district and industrial customers. Working to put Total Control technology into the hands of more customers. Reported a 6.9-percent rental rate increase in 2012, and hopes to raise them additional 4.5 percent in 2013. 42.6 percent downtown los angeles garment district EBITDA margin, with improvements in all major revenue streams. 2 SUNBELT RENTALS (3) Fort Mill, S.C. Brendan Horgan www.sunbeltrentals.com $1,506.7 $1,708.1 376 18.9-percent rental volume boost for Sunbelt, now the clear No. 2 in North America rentals. Acquired oil and gas industry rental specialist JMR Industries; also bought Topp Portable Air, an RER 100-ranked temperature-control rental company. Focusing on organic growth with a larger and younger fleet. Strong improvement in EBITDA, operating downtown los angeles garment district profit and physical utilization. downtown los angeles garment district Developed system to send appropriately sized service downtown los angeles garment district vehicles according to need of a job. Acquired two high-reach companies in first quarter 2013. 3 HERTZ EQUIPMENT RENTAL CORP. (4) Park Ridge, N.J. Lois Boyd www.hertzequip.com $1,157.4 $1,274.2 260 Acquired RER 100 multi-branch Oklahoma rental downtown los angeles garment district company Pioneer, as well as New York City rental company and California pump rental specialist. Won $3.16 million federal contract to provide material handling gear to Naval shipyards. Began partnership to supply Sun Life Stadium for sporting and special events. Introducing HERC 360 Fully Equipped, technology-driven project management customer-support services, including end-to-end solutions, equipment customization services and more. U.S. rental volume up about 20 percent, with improved rental rates and strategic cost initiatives driving profits. Numbers are North America only. 4 HOME DEPOT RENTALS (5) Atlanta Tony English www.homedepotrents.com $470.0 n/a 1,280 Focused on standardizing supply chain and product mix across all tool rental centers in 2012. Concentrated on introducing top-quality tools from proven rental industry suppliers, catering to both DIY and small contractors. Aggressive fiscal year 2013 fleet plan is designed to position the company to accommodate growing customer demand related to recovering downtown los angeles garment district housing market. 5 AGGREKO NORTH AMERICA (6) Houston Asterios Satrazemis, president, Americas; Rupert Soames, CEO Aggreko plc www.aggreko.com $359.0 $480.4 63 A 14.2-percent rental volume jump for world-leading temporary power and temperature-control rental provider. Improved rental rates across product lines. downtown los angeles garment district Introduced customizable mobile service center for work in challenging geographic areas, of particular help in servicing mining areas and oil and gas production. 6 AHERN RENTALS (7) Las Vegas Don Ahern www.ahernrentals.com $335.0 $380.1 75 Continuing downtown los angeles garment district the battle to maintain control of company in bankruptcy court as economic tide turns in Ahern s favor. EBITDA jumped to $116.7 million for full-year 2012, along with solid revenue increase. Judge s decision on competing reorganization plans expected in June. 7 VOLVO RENTS (21) Shippensburg, Pa. Scott Hall www.volvorents.com $333.0 $526.0 132 More than doubled overall revenues from a year ago after multiple acquisitions. Completed the integration of the franchise downtown los angeles garment district system to one cohesive organization. To increase support to the field established three regional offices as well as North American headquarters in Shippensburg. Announced shift of operating systems to Wynne Axiom and will integrate in Q2 2013. Enhanced customer service through web and application development. 2012 fleet additions reduced average fleet age. Late 2012 acquisitions and greenfield locations will spur 2013 revenue growth. 8 H E EQUIPMENT SERVICES (11) Baton Rouge, La. John Engquist www.he-equipment.com $288.6 $837.3 66 A 26.6-percent rental volume jump for H E. Consolidated Baton Rouge and Gonzalez into much bigger Baton Rouge facility. Back on growth track, opened Midland store and took on Bomag compaction equipment dealership in five states. Has opened three branches since beginning of 2013. Grew fleet by $146.4 million in OEC, and increased utilization and rental rates. 9 MAXIM CRANE RENTAL CORP. (8) Bridgeville, Pa. Art Innamorato www.maximcrane.com $285.0* n/a 32 Improving climate for crane rentals leading to volume increase. Coast-to-coast geographic footprint and a zero-accident safety culture two of Maxim s claims to fame. 10 FINNING (9) Edmonton, Alberta Gord McDougall www.finning.ca $276.1 $3,277.7 31 Figures include Canada revenue downtown los angeles garment district only. Acquired Bucyrus distribution business to support mining business. Record revenue in Canada and companywide. Cat Rental Store made facility purchases, expansions and upgrades in Prince George, Kelona, Fort Nelson and Dawson Creek, B.C.; Lloydminster, Alberta, and a new 13,000-square-foot facility in Edmonton. Also opened new branch in Fort McKay industrial park, north of Fort McMurray close to the oil sands industry. Added nearly 100 new employees to rental division in past couple of years to support expanding operations. 11 NES RENTALS (10) Chicago Andrew Studdert www.nesrentals.com $275.0 $300.0 76 A 10-percent rental volume increase for aerial-focused NES. Continues strong focus on safety. Likely to benefit from improvement in non-residential construction. Primarily downtown los angeles garment district focused on eastern half of U.S. 12 NEFF RENTAL (12) Miami Graham Hood www.neffcorp.com $234.0 $291.0 65 An 18.5-percent rental volume increase. Improving strength in construction and energy sector should boost Neff in 2013. Had an above-average capex spend in 2012 with three new branches, with replacement capex to manage fleet age and fleet growth in many existing branches. Planning a couple of new branches in 13 to add synergies to and complement existing footprint. 13 SUNSTATE EQUIPMENT CO. (14) Phoenix Mike Watts www.sunstateequip.com $232.0* n/a 52 An estimated downtown los angeles garment district 29-percent rental volume growth for Sunstate, one of the industry s best. Placed greater focus on non-construction opportunities and national accounts. Hoping for 30-percent growth in 13. Adding more dirt equipment compared to recent years as new jobs break ground. Raised rental rates 7 percent downtown los angeles garment district in 12. Increased investment downtown los angeles garment district from Sumitomo will add opportunity. Seeing downtown los angeles garment district continuing opportunity in the energy sectors with oil and gas, solar and wind, plus projects including stadiums, auto malls, distribution centers and hospitals. Possible branch expansion could be on horizon. 14 ALL ERECTION CRANE RENTAL CORP. (13) Cleveland Michael Liptak www.allcrane.com $215.0* n/a 32 With utilization at its highest levels in years, All added to its fleet with five new Link-Belt hydraulic truck cranes, adding to late 11 purchase of 18 Link-Belt units. Also acquired five Liebherr all-terrain mobile cranes and 17 Manitowoc cranes, including a massive 18000 crawler. downtown los angeles garment district Dawes Rigging Crane, an All company, won safety award from Wisconsin Safety Council. Helped construct 450+ high-voltage transmission line towers for 96 miles through Allegheny Mountains. 15 HOLT CAT (17) San Antonio Dave Harris www.holtcat.com $195.5 n/a 16 A 31.8-percent rental volume hike for leading Texas Caterpillar dealer. Provided 13.3 MW of electric downtown los angeles garment district power to Hurricane Sandy victims in Northeast including New York Stock Exchange, as well as pumps and light towers. Adopted anti-idling program at all Texas facilities, restricting all vehicles to five minutes of idling. Holt employees giving up lunch hours to deliver meals to homebound seniors near training downtown los angeles garment district center. Received air quality stewardship award. Invested in high school technical skills program and offering paid internship downtown los angeles garment district jobs to high school students. 16 SAFWAY SERVICES (15) Waukesha, Wis. Bill Hayes www.safway.com $190.0* n/a 91 Acquired North American Coatings group, strengthening Safway s position as a multi-service industrial services provider offering scaffolding, insulation and painting. Named 2011 Contractor of the Year at Valero Benicia Refinery, with zero OSHA-recordable incidents in more than 100,000 man hours at facility. New CEO Hayes replaces Marc Wilson. 17 TNT CRANE RIGGING (-) Houston Mike Appling www.tntcrane.com $180.0 $270.0 15 Acquisitions of Turner Brothers Crane Rigging (Texas and Louisiana) and Southway Industrial (Ga., Fla., S.C. and Tenn.) has made TNT a major regional crane rental player throughout Southeast, adding 200 cranes to fleet. Acquisition of TSD in early 2013 strengthened footprint in west Texas. Planning to continue growth and acquisition efforts this year. 18 AMECO (16) Greenville, S.C. Gary Bernardez www.ameco.com $149.0 n/a 22 Veteran fleet ser