Durante Rentals Expands to Mid-Atlantic with Acquisition of Delaware-Based Iron Source

Durante Rentals LLC, a leader in the construction equipment rental industry, announced this week it has acquired the assets of Delaware-based Iron Source LLC, a leading independent equipment rental provider and dealer.
May 4, 2023
2 min read
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Durante Rentals LLC, a leader in the construction equipment rental industry, announced this week it has acquired the assets of Delaware-based Iron Source LLC, a leading independent equipment rental provider and dealer. The acquisition will expand Durante Rentals’ scale in the Mid-Atlantic region.

Iron Source owners Chess Hedrick and Wyatt Wiggins will remain the day-to-day managers of the business, which will maintain its current branding. All employees will be joining the Durante Rentals team. Iron Source has locations in New Castle, Smyrna and Georgetown, Del.

“When we met with the Iron Source team, we found many common synergies between the two organizations and decided to join forces to enable both our organizations to deliver world-class products and service capabilities, while continuing to offer exceptional customer service,” said Kenneth Cockrill, CEO Durante Rentals.

“We’re excited to join the Durante Rentals team, as we’ll be able to expand our fleet and add resources to the business, enabling us to expand our footprint at a much faster rate,” said Chess Hedrick, Iron Source. “Equally important is that our company values are aligned, and our mutual investment in our employees and their safety is paramount.”

Durante Rentals is based in New Rochelle, N.Y.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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