United Rentals Expands Tool Solutions Specialty Offering with Acquisition of Industrial Rental Services Fleet
Stamford, CT - Mar 1, 2018
United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has acquired the assets of Industrial Rental Services, LLC from JMH Capital. Industrial Rental Services is a leading U.S. provider of two-way radio solutions and industrial blinds, primarily in the Gulf and West Coast regions.
The acquisition expands the company’s Tool Solutions specialty rental fleet by over 35,000 isolation blinds, flanges and racking systems for industrial applications, as well as approximately 16,000 radios, repeaters and accessories for plant maintenance and construction personnel. The radios are designed for safe operation in petrochemical, oil refinery, pulp and paper, and power generation environments.
Paul McDonnell, United Rentals senior vice president – sales and specialty operations, said, "We’re excited to reinforce our commitment to industrial safety by investing in two areas of increasing demand: isolation blinds and communication systems and radios. By bringing this expertise in house, we enhance our value to customers as the industry’s most comprehensive rental solutions provider. I’m very pleased to welcome our new employees and customers to United Rentals.”
United Rentals offers construction and industrial equipment rental, trench safety, temporary power, climate control, fluid transfer, tool solutions and technology services through the largest customer service organization of its kind in North America: nearly a thousand branches in the U.S. and Canada and online ordering capabilities. For more information, see unitedrentals.com.
About United Rentals
United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 997 rental locations in 49 states and every Canadian province. The company’s approximately 14,800 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers approximately 3,400 classes of equipment for rent with a total original cost of $11.51 billion. United Rentals is a member of the Standard & Poor’s 500 Index, the Barron’s 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Conn. Additional information about United Rentals is available at unitedrentals.com.
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