MOLINE, ILL., Rental Management magazine has named REIC as one of the 2022 fastest-growing equipment rental Market Movers in North America. The list represents equipment rental companies that showed the highest percentage growth in rental revenue when comparing 2019 to 2021.
Rental Management launched its annual Market Movers list this year to recognize equipment rental companies for their leadership in enhancing the image of the equipment rental industry and finding ways to significantly grow revenue.
Of those companies that submitted financial results to be considered as a Rental Management Market Mover, the list highlighted only the top 22 with annual equipment rental revenue of less than $10 million and 13 companies with annual equipment rental revenue of more than $10 million grew revenues between 2019 and 2021 to be named a 2022 Rental Management Market Mover.
The full list of Market Movers can be found in the June 2022 print and digital replica issue of Rental Management. Visit RentalManagementMag.com, click on “Digital Editions” in the tab, and click on “Current Issue” to access the June issue. A list of Rental Management Market Movers in the event rental segment will be featured in the August 2022 issue.
“We are extremely proud to launch Rental Management Market Movers this year to recognize equipment rental companies of all sizes that are shaping the industry of today and tomorrow. Despite dealing with a pandemic, supply chain issues in acquiring new equipment, price increases, and labor shortages, these companies have found ways to significantly grow their equipment rental businesses,” said Wayne Walley, Rental Management editor-in-chief.
Founded in 2014 and headquartered in Kalispell, MT, REIC is a premier, super-regional rental equipment services platform. REIC offers a broad selection of general and specialty rental equipment. The Company’s general rental fleet includes aerial, earthmoving, power, compression, and other small equipment pieces, while the specialty rental segment is focused on HVAC products. In addition to its Kalispell headquarters, REIC serves its customers out of a strategic footprint of 33 locations stretching from the Pacific Northwest to the Upper East Coast.
For more information please visit: https://www.reicorporation.com/
About Rental Management
The Rental Management Media Group includes the award-winning monthly magazine that is the official publication of the American Rental Association, which was founded in 1955 to serve the needs those in the equipment and event rental industry.
For more information, visit: https://www.ARArental.org/