Volvo Rents has opened a new rental center in Huntsville, Ala., its third in the state, joining existing locations in Foley and Mobile. A forecast by McGraw Hill Construction says the growth of construction spending in the greater Huntsville area is projected to total nearly $5.6 billion by the end of 2016.
“We believe there is tremendous opportunity in the market, and specifically in the state of Alabama,” said Mike Crouch, vice president of business development for Volvo Rents. “Our strong brand recognition, coupled with the growing demand for equipment rental, made this decision an easy one and gives us every reason to look to the future with great enthusiasm.”
In other Volvo Rents news, the San Francisco Chronicle is reporting that Volvo Rents is buying a small Bay Area-based rental company, but the potential deal could not be confirmed by Volvo Rents officials.
Based in Shippensburg, Pa., Volvo Rents is No. 21 on the RER 100.