Volvo Rents acquires Okla.-based WED construction equipment rental company
Previously co-owned by Volvo Rents franchisees David Evans, Max Weldon and David Darby, the center is located at 8003 S. Eastern Avenue in Oklahoma City.
Anchored by an increase in local construction spending that is projected to total more than $14.5 billion between 2012 and 2016, Volvo Rents says in a written statement that it “is looking to grab a bigger piece of the construction equipment rental pie that is currently up for grabs in Oklahoma City.”
To capitalize on the economic upturn, Volvo Rents says it is embarking on a new course, where it will not only operate a franchise network of rental stores, but also manage and grow a network of company-owned stores.
“Since the beginning of 2010 when we initiated our relationship with Volvo Rents, we have been impressed by the company’s unwavering commitment to building a culture of service and local decision-making,” said Evans. “Volvo Rents is embarking on a significant expansion, and our team is looking forward to contributing to their growth.”
In addition to Volvo Rents’ expanding line of Volvo compact equipment – such as backhoe and skid steer loaders, compact wheel loaders, compact excavators and compaction equipment – the rental centers carry a comprehensive line of essential equipment and tools for the construction, commercial, industrial and homeowner markets. The focus is on daily, weekly and monthly rentals.
“WED, LLC’s commitment to outstanding customer service and local decision-making has enabled them to assemble an excellent team that is fully committed to providing a VIP customer experience,” said Mike Crouch, vice president of business Development for Volvo Rents. “Both Davids, Max and the entire Oklahoma City team will play significant roles in the further expansion of Volvo Rents in the state of Oklahoma.”
From our partners
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- Two teens dead after falling through ice at quarry744 Views
- CRH emerges as frontrunner for Holcim and Lafarge assets550 Views
- MSHA files more discrimination complaints in 2014 than any other year302 Views
- Caterpillar full-year earnings dip with bad 4Q; 2015 doesn't look good either282 Views
- A. Colarusso and Son acquires Holcim land in NY135 Views