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United Rentals

Categories

Industrial Manufacturing  
Energy and Utilities  

#380

Rank

$52.19B

Marketcap

US United States

Country

United Rentals
Leadership team

Anthony S. Leopold (Vice President)

Andrew Limoges (Vice President Controller and Principal Accounting Officer)

Industries

Industrial Manufacturing

Energy and Utilities

Products/ Services
Construction/industrial rentals and sales. Chemical, oil and gas refining, oilfields, power generation and distribution
Number of Employees
1,000 - 20,000
Headquarters
Stamford, Connecticut, United States
Established
1997
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001067701
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
URI
Social Media
Overview
Location
Summary

United Rentals operates as an equipment rental company. An equipment rental distributor that deploys people, tools, and solutions to enable their customers to build constructions. The customer base of the company includes construction and industrial companies, utilities, municipalities, government agencies, and contractors. Their customers are based on 3 categories as-construction, non-residential, and residential. 

The company offers industrial services to its users, including chemical, oil and gas refining, oilfields, and power generation and distribution. It also allows power and HVAC, pump solutions, tool management, and trench safety. Safety training is given by United Academy such as Jobsite and operator safety and trench and excavation safety pieces training. United Rentals is a U.S.-based company that was founded in 1997.

History

1997: The company was sold to USA Waste in September 1997 at $45.42 a share.

1999: United Rentals posted revenues of $2.23 billion, representing an 83 percent increase compared to the previous year.

2000: The company took an industry-leading position in e-commerce in February when it launched a new business-to-business website: E-Rental Store allows customers to rent or buy equipment on a 24-hour basis, seven days a week.

2003: Boulanger and Hirni gave Blackann and a House staffer an all-expenses-paid trip to Game 1 of the 2003 World Series in exchange for amendments to the Federal Highway Bill that favoured United Rentals.

2004: The United States Securities and Exchange Commission announced it was conducting an inquiry into the accounting records of the company.

2006: On December 26, United Rentals announced the sale of their Highway Technology division to HTS Acquisition, Inc.

2007: It was also announced that Wayland Hicks, CEO, would be retiring in the Summer.

2011: On December 16th, United Rentals and RSC Holdings, Inc. announced that they had entered into a definitive merger agreement, under which United Rentals would acquire RSC in a cash-and-stock transaction.

2012: The merger with RSC Holdings was finalized on April 30th.

2013: United Rentals moved its headquarters from Greenwich, Connecticut to Stamford, Connecticut. It had previously made it as high as 517 in 2002, before falling back down. Based on its 2013 revenues of $4.955 billion, the company was ranked exactly 500th.

2014: On March 9, the company announced plans to acquire National Pump for $780 million. United Rentals was listed in the Fortune 500 for the first time.

2017: On October 4, United Rentals announced it had acquired the assets of Superior Speedie Portable Services, Inc. and Superior Logistics Services, Inc. (together "Superior Speedie"), which includes a fleet of over 8,000 portable toilets and over 130 restroom trailers.

2018: On July 2, United Rentals announced it had agreed to purchase BakerCorp International for about $715 million in cash, enhancing its Pump Solutions division.

Mission

“To enable our customers to safely build a better and stronger future.”

Vision

“Building a better future is our commitment to the people and communities we serve.”

Key Team

Filippo Passerini (Board Member)

Bobby J. Griffin (Board Member)

Gracia C. Martore (Board Member)

Brent R. Kuchynka (Vice President)

Jason D. Papastavrou (Board Member)

Brian McAuley (Board Member)

Jenne K. Britell (Board Member)

Chris A. Burlog (Vice President - Midwest Region)

John McKinney (Board Member)

Christopher Carmolingo (Vice President)

José B. Alvarez (Board Member)

Christopher Hummel (Senior Vice President and Chief Marketing Officer)

L. Wimbush (Board Member)

Craig A. Pintoff (Executive Vice President, Chief Administrative and Legal Officer)

Bobby J. Griffin (Board Member)

Brian McAuley (Board Member)

Donald C. Roof (Board Member)

Recognition and Awards
Fortune 500
References
United Rentals
Leadership team

Anthony S. Leopold (Vice President)

Andrew Limoges (Vice President Controller and Principal Accounting Officer)

Industries

Industrial Manufacturing

Energy and Utilities

Products/ Services
Construction/industrial rentals and sales. Chemical, oil and gas refining, oilfields, power generation and distribution
Number of Employees
1,000 - 20,000
Headquarters
Stamford, Connecticut, United States
Established
1997
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001067701
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
URI
Social Media