United Rentals' (NYSE: URI) approximately 11,300 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers for rent approximately 3,300 classes of equipment with a total original cost of $7.23 billion.
Under the terms of the agreement, United Rentals will also acquire GulfCo, a two-branch general rental business also based in Texas. The combined purchase price for the assets is approximately $780 million.
United Rentals Power & HVAC branches in Midland, TX, Calgary, Alberta, and Moncton, New Brunswick, will provide engineered power, heating, cooling and ventilation solutions for commercial, industrial and governmental customers, and disaster recovery...
United Rentals Inc. will host its second annual used equipment sale on Thursday, Dec. 12, 2013, from 10:00 a.m. to 5:00 p.m. local time. The sale will be staged at more than 650 participating branches in North America.
For the full year 2012, total revenue was $4.117 billion and rental revenue was $3.455 billion. On a GAAP basis, full year net income was $75 million, or earnings of $0.79 per diluted share. Adjusted EPS for the full year was $3.76 per diluted share.