Volvo Rents Acquires Palmetto Equipment Sales and Rentals

Volvo Rents  has announced the acquisition of Palmetto Equipment Sales and Rentals Inc., a two-location construction equipment rental company with stores in Ladson and Ridgeland, S.C.
 

The move follows Volvo Rents’ recent acquisition of another South Carolina-based company, Blue Eagle Equipment, and brings the company’s presence in South Carolina to six rental centers.   
 

“As the recession abates, the construction equipment rental industry is projected to be one of the fastest growing industries in North America as more people choose to rent rather than commit to capital expenditures,” says Michael Crouch, vice president of Business Development for Volvo Rents. “This puts us in a very favorable position as we continue to expand our footprint in various markets across the country, including South Carolina.”
 

In addition to Volvo Rents’ line of Volvo compact equipment – such as backhoe and skid steer loaders, compact wheel loaders, compact excavators and compaction equipment – the rental center carries 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.
 

“The Volvo name inspires confidence worldwide and will no doubt elevate our stores to the big leagues,” says Casey Brabham, a 15-year veteran of the construction equipment rental industry who co-founded Palmetto Equipment Sales and Rentals in 2001. “As a member of the global Volvo family of business, the stores will have access to some of the most advanced equipment, technology and marketing in the world.”
 

Brabham will remain manager of both locations. Co-Founder James Miller Jr. will continue to serve as a sales manager. 
 

Volvo Rents, a wholly-owned subsidiary of the Volvo Group, operates 101 rental stores in North America. For more information, visit www.volvorents.com.